– TSF’s community engagement programme ‘Ananya’ begins
Joda: Tata Steel Foundation (TSF) has awarded Jyoti Fellowship to 614 meritorious Scheduled Caste & Scheduled Tribe students belonging to Tata Steel’s operational units of Joda, Khondbond and Kalamang area.
The fellowships (girls-411, boys-203) were announced in TSF’s two-day community engagement programme – ‘Ananya’ at Joda on Monday. The event provides a one-stop platform to the communities, where their efforts are recognised and the community is enlightened on the growth journey of the region.
Around Rs 33.56 lakh was disbursed among the bright students as part of the fellowship. As many as 230 students were felicitated on the occasion.
Padmashri Tulasi Munda distributed the fellowships as Chief Guest of the event in the presence of Atul Kumar Bhatnagar, General Manager (OMQ), Tata Steel, chiefs of other units, dignitaries and elected representatives of gram panchayat.
Speaking on the occasion, Tulasi Munda said, “I’m happy that Tata Steel is facilitating fellowship to poor students of the region which will not only help them to pursue their dream careers but also make them good citizens.”
Addressing the gathering and congratulating the students, Atul Kumar Bhatnagar said, “Our constant endeavour is to bring social changes through education. Jyoti Fellowship provides an opportunity to inspire students to pursue higher studies and become successful in life.”
The objective of the fellowship is to enable SC/ST students from economically backward backgrounds to accomplish their educational and career aspirations. In the last five years, 1762 students have received fellowships belonging to Joda, Khondbond and Kalamang area.
The cash amount of the fellowship was Rs 3,750 (for Class VIII students), Rs 4,500 (Class IX), Rs 4,500 (Class X), Rs 8,500 (Intermediate), Rs 8,500 (Undergraduate), Rs 10,000 (Diploma) and Rs 25,000 (B. Tech, MBBS etc). Certificates of merit were also given to students till Class X on the occasion.
The Tata Steel Foundation identifies deserving candidates from operational areas of the company based on a merit test. Student have to appear for a common written test conducted every year at two levels — school (Class VIII) and college (graduation first year). Once a student qualifies the test, he/she becomes eligible for fresh fellowship as well as renewal for consecutive years, subject to 45% marks scored in annual examination conducted by the respective school/college every academic year.
For over 30 years, Tata Steel has extended financial support in the form of fellowships to deserving school and college students from SC/ST communities.
Jyoti Fellowship enables students to pursue intermediate, graduation, post-graduation, LLB, B. Ed., Hotel Management or MBA courses. In Odisha, students of Ganjam, Jajpur, Keonjhar and Sundargarh districts benefit from it. Jyoti Fellowships are also offered to students in Jharkhand’s various districts like East Singhbhum, West Singhbhum, Seraikela-Kharsawan, Dhanbad and Ramgarh.
Business
• Extends social security covers (EPF, ESIC) to all employees
• Covers all employees under a Group Personal Accident (GPA) policy of Rs. 15 Lacs
• Sets up five skill development centers for employees at five locations
Bhubaneswar: TP Central Odisha Distribution Limited (TPCODL), has always prioritized the welfare of its employees and is committed to creating employment opportunities for the local eligible youth as per organizational requirements and as approved by the Regulator (OERC). In the last three years, the company has employed 635 local youth across 18 departments.
The company, since its inception in June 2020, has undertaken various initiatives to ensure timely statutory compliance, social security, safety, and career growth for its employees.
The company has implemented measures to cover all employees under social security schemes like EPF & ESIC. In addition, all employees are covered under a Group Personal Accident (GPA) policy of Rs. 15 Lacs and a life insurance policy of Rs. 5 Lacs for Covid-19 related deaths during the pandemic.
Speaking about various HR initiatives, Mr. M. Shenbagam, Chief Executive Officer, TPCODL said, “At TPCODL, we are committed to providing employment to local eligible youth and believe in creating a safe and empowering work environment. Extension of social security coverage and skill development initiatives reflect our commitment to creating an empowered workforce.”
To foster the learning and development of employees, TPCODL has established five skill development centers in its five electrical circles viz Bhubaneswar, Cuttack, Puri, Angul and Paradeep, which function throughout the year to impart training to all workforce including BA employees. These training programs are designed to help employees adopt new technologies and acquire the necessary skills to take up higher responsibilities for their career growth.
The safety of its employees is of utmost importance to TPCODL. The company has ensured the provision of Personal Protective Equipment (PPE) for employees working in electrical networks. The company conducts behavioural safety training for all employees and implements standard operating procedures (SOP) for taking PTW and ensuring a safe working zone to avoid accidents. Regular safety inspections are conducted at ground zero levels to identify and eliminate potential hazards.
Adfactors PR wins the Public Relations’ Premier Cricket League 2023 (PRPCL)
During the tournament, Adfactors PR creates history by becoming the first team ever to set a record by scoring 131 runs in six overs
Mumbai: The Cricket team of India’s largest PR consultancy firm, Adfactors United emerged winners of the Public Relations’ Premier Cricket League (PRPCL) 2023, West Edition, organized by the Public Relations Consultants Association of India (PRCAI) on 11th March 2023 at Khar Gymkhana, Mumbai.
In the first match of the tournament, Adfactors United set a new record in the history of PRPCL, by scoring 131 runs in just six overs. The team entered finals with a positive net run rate of +4.77 and also, maintained the highest net run rate throughout the tournament with a difference of +2.
Satveer Khairaliya, who scored 248 runs overall, was declared the Man of the Series while also receiving 2 Man of the Match awards. Sushil Mhadgut also picked up the Man of the Match title, while Karthik Bangera was awarded the Fighter of the Match in the semifinals.
Commenting on the win, Nijay N. Nair, CEO, Adfactors PR, said, “For us, sports is very deeply integrated into the cultural fabric of Adfactors PR. Be it our internal development programs or our representation in all industry-level competitions, we take the sportsperson spirit seriously. To bring the trophy home fills our hearts with pride and joy. We will continue to support our people to pursue sports just as they pursue work – with focused effort, love, and perseverance.”
Expressing his delight, Omkar Jalgoankar, Captain of Adfactors United, said, “It is a proud moment for Adfactors PR and for all of us to win the PRPCL trophy. Our team put in a lot of hard work and effort to reach this stage, and it is an incredible feeling to emerge as winners.”
The PRPCL was an exciting event that brought together India’s best PR firms from the west region and showcased their cricketing talents. Adfactors United’s victory is a testament to their teamwork, dedication, and passion for cricket. The team is already looking forward to defending their title next year.
Kalinganagar: Commemorating International Women’s Day, Tata Steel Kalinganagar (TSK) saluted the spirit of its female work force through a series of activities during a mega event organized by Human Resources Department at Plot 2 Housing Complex, Tata Steel Kalinganagar on Monday.
Dr Shyamantak Misra, Assistant Professor, KIIT School of Law, KIIT University, Bhubaneswar graced the occasion as chief guest along with Mr Sankar Biswas, Chief, Mechanical Maintenance, TSK and women employees and senior officials of Tata Steel. More than 200 woman employees of Tata Steel attended the event that included on-the-spot competitions and cultural programmes by the participants that kept the audience spell bound.
The celebration was organised in line with this year’s theme “#EmbraceEquity” and included many fun-filled competitions for the participants along with cultural performances. Photography contest and Reel-making competitions were rolled out from March 08, 2023 for the women of TSK and the winners were felicitated during the event.
The company has endeavoured to encourage women professionals by creating proper policies to tackle issues relating to safe and proper working conditions and create and maintain a healthy and conducive work environment that is free from discrimination of any kind.
Disclaimer
Statements in this press release describing the Company’s performance may be “forward looking statements” within the meaning of applicable securities laws and regulations. Actual results may differ materially from those directly or indirectly expressed, inferred or implied. Important factors that could make a difference to the Company’s operations include, among others, economic conditions affecting demand/ supply and price conditions in the domestic and overseas markets in which the Company operates, changes in or due to the environment, Government regulations, laws, statutes, judicial pronouncements and/ or other incidental factors.
Apollo Hospitals Group Completes 500 Pediatric Liver Transplants
A historic milestone, The Apollo Liver Transplant Program has a success rate of over 90% in pediatric liver transplantation
Apollo Hospitals Delhi performed India’s first successful pediatric liver transplant in 1998
The 500th child weighed only 4.6kg at the time of the transplant
Bhubaneswar: Apollo, the world’s largest vertically integrated healthcare provider, has been at the forefront of patient care in India and has led the organ transplant revolution in healthcare. Today the Apollo Hospitals Group announced the successful completion of 500 pediatric liver transplants.
The Apollo Transplant program is one of the world’s largest and most comprehensive transplant programs, offering a host of state-of-the-art services which include Management of Liver Disease, Management of Kidney Disease, Liver and Kidney Transplantation, Heart and Lung Transplantation, Intestinal, Pancreas and GI Transplant Surgeries and Pediatric Transplant Services.
With 90% success rates, The Apollo Liver Transplant program is a beacon of quality and hope for patients from across the world.
Dr. Prathap C Reddy, Founder Chairman, Apollo Hospitals Group, said, “India is emerging as a world leader in organ transplantation. Organ transplantation is a true act of human kindness and an extraordinary medical achievement. At Apollo Hospitals, we are proud to have established one of the world’s leading transplant programs, with world-class infrastructure, cutting-edge technology and the finest medical expertise. We remain committed to providing the best possible care and outcomes for our patients, and to advancing the frontiers of medical science in the field of transplantation. This milestone further reflects our commitment to advancing pediatric liver transplantation and providing the best possible care to our patients. I am immensely heartened at what this program has been able to achieve in a span of two decades. From a time when children with end stage liver disease didn’t have any care possibilities, to where we are today – marking 500 transplants in children whose lives have been transformed.”
Apollo Hospitals receives liver transplant patients from over 50 countries. Patients from several countries including Philippines, Indonesia, United Arab Emirates, Qatar, Bahrain, Jordan, Pakistan, Kenya, Ethiopia, Nigeria, Sudan, Tanzania, Bangladesh, Nepal, Srilanka, CIS, Myanmar and many other have found transformational and affordable solutions in India through Apollo. A patient can undergo liver transplant surgery in India at an affordable cost with excellent outcomes.
Dr. Anupam Sibal, Group Medical Director and Senior Pediatric Gastroenterologist, Indraprastha Apollo Hospitals New Delhi, said, “We are proud to have reached this important milestone and are honored to have been able to help so many children and families in need. Over the years several challenges have been overcome – transplants in small babies weighing as little as 4 kgs, transplants in babies and children with serious medical conditions other than liver failure, ABO incompatible transplants when the family does not have a blood group compatible donor. We are so happy that our 500th patient is a baby girl and nearly 45% of our patients are now girls. Our dedicated team of doctors, nurses, and support staff have worked
tirelessly to provide the highest level of care and support to our patients and their families. Their dedication, hard work, and commitment to excellence have made it possible for us to reach this milestone. From the time we performed the first successful liver transplant in India in 1998, the Apollo Transplant Program has performed more than 4100 liver transplants in children and adults.”
Pediatric liver transplants are complex and challenging procedures that require high level of skill and expertise. The medical team at Apollo Hospitals Group has some of the most experienced surgeons, nurses, and support staff in the field working together.
Dr. Neerav Goyal, Senior Consultant, Liver Transplant, Indraprastha Apollo Hospitals New Delhi, said, “We have unmatched technical skills of our highly specialized surgeons and physicians, an infrastructure that is comparable with the best in the world and above all the faith of our patients that we have nurtured over time. We are now able to perform the most complex of liver transplants in babies where the size of the blood vessels is as small as 3-4 mm. Pediatric liver transplantation requires a multidisciplinary team and success requires harmonization between all the team members. The Apollo Liver Transplant Program is now consistently performing close to 50 pediatric liver transplants a year, a number only a handful of centres in the world have achieved”.
Apollo Transplant program is well-founded with high-end equipment and state-of-the-art infrastructure that is delivered with the highest possible quality by an eminent pool of globally renowned Transplant Surgeons, Nephrologists, Gastroenterologists, Pediatric Gastroenterologists, Pediatric Surgeons, Anesthetists, Intensivists and Physicians. Over the past decade, the program has built a reputation of trust and reliance with the highest quality of care delivered and outcomes unmatched the world over.
Apollo’s 500th Pediatric Liver Patient Story – Prisha
In the heartland of Bihar, in a small town Jahanabad, a young middle-class couple joyously and reverently named their first-born daughter “Prisha”, literally meaning God’s gift. A teacher husband and homemaker wife, they made a simplistic, humble, undemanding couple looking forward to their journey as parents. The first few weeks were blissful but then they realized Prisha contracted jaundiced. An arduous trail from one doctor to another led to complete despair and anguish when they were told she had a disease that was a death sentence, biliary atresia that would cause her liver to fail.
They weren’t ready to give up and stepped beyond their humble reach to contact top specialists till they realized that a liver transplant would be lifesaving, and brought her to Apollo at about 6 months of age. Family and friends had tried to discourage them. The challenges were indeed multiple but were overcome by the family’s resolve and treating team’s commitment. A feeding tube was put in through her nose to supplement feeds and achieve nutritional rehabilitation for the transplant, while preparations were being made. Her mother donated a part of her liver and Prisha recovered beautifully after a successful liver transplant. Prisha weighed only 4.6 kgs at the time of the transplant
DBS FOUNDATION PARTNERS WITH HAQDARSHAK TO ENHANCE FINANCIAL LITERACY FOR MARGINALISED COMMUNITIES
Training initiative impacts 2,00,000 citizens, mostly women, giving them the independence and agency to access govt. support and financial services in India
Mumbai: DBS Foundation has partnered with Haqdarshak Empowerment Solutions (HESPL) to undertake a social protection and financial literacy programme aimed at marginalised citizens across India, including daily wage earners, domestic workers, farm workers, sanitation workers, micro-entrepreneurs. The programme will educate 2,00,000 beneficiaries (70% women) to build their digital and financial capacity to access relevant government entitlements and private financial services.
The programme is being implemented in 10 districts in Andhra Pradesh, Chhattisgarh, Odisha, Tamil Nadu, and Telangana, targeting some of the most vulnerable populations in these areas. The initiative’s ultimate aim is to establish a basic social safety net for these citizens and empower them with digital and financial training to take charge of their lives and households.
Under this initiative, a brick-and-mortar centre called a Yojana Kendra will be established in select communities. Women agents will be identified and trained as Haqdarshaks to serve and support the community. This agent cadre will mobilise potential beneficiaries, from low-income families i.e. those with minimal access to social protection and financial services.
The support agents will conduct financial literacy training camps using audio-visual tools and easy-to-understand content in local languages. Beneficiaries will be screened with the Haqdarshak mobile app to determine their eligibility for welfare programs and the agent will provide end-to-end support to fill forms, collect documents, and register beneficiaries under social protection programmes. A helpline will be available for any queries or grievance redressal. The programme will be executed by 400 support agents, and there will be one supervisor for every 40 agents.
The financial literacy rate among Indian adults is the lowest compared to other major emerging economies, with only 24% being financially literate, according to a report by the Global Financial Literacy Excellence Center. This disparity is attributed to a need for formal training and awareness, as well as inter-state differences. Access to social welfare and financial inclusion services at the last mile is a critical challenge. According to a 2017 World Bank study, only 40 per cent of Indians can apply for government services as they cannot afford the time and money to access them. The collaboration comes at a crucial time when marginalised communities continue to grapple with the economic impact in the wake of the pandemic.
Shoma Narayanan, Managing Director, Group Strategic Marketing & Communications, DBS Bank India, said, “As a socially responsible bank, we recognise the need to create impact beyond banking and to encourage solutions for a more inclusive world. Our partnership with Haqdarshak is a concerted effort to empower marginalised communities, particularly women, by providing them access to social welfare and financial tools, which will increase self-sufficiency and give them agency over their lives. We are also proud of Haqdarshak, which has scaled significantly as a Business for Good under the DBS Foundation’s Grant Programme, and shares our purpose to build a better future.”
Aniket Doegar, Founder & CEO, Haqdarshak, commented on the partnership, saying, “DBS Foundation has been an early partner of ours since 2018. They have always put impact at the forefront and supported us, whether it was when Haqdarshak was a young organisation, through the pandemic, or now, as we have achieved scale. For us at Haqdarshak, this is our largest project so far. We are excited about our impact footprint — we will be touching the lives of 2,00,000 citizens, majority of them women, across disadvantaged sections of the community via digital and financial literacy training and by linking them to relevant welfare entitlements. We are grateful to the DBS Foundation for collaborating with us on this important program. We hope to grow our partnership manifold in the years to come.”
Haqdarshak aims to improve the lives of citizens and MSMEs by leveraging technology solutions to provide access to government welfare and financial services. With an extensive database of 7000+ state and central welfare schemes, available in 11 Indian languages through web and mobile channels, Haqdarshak offers features such as beneficiary onboarding, a customisable eligibility engine, and an end-to-end application workflow.
In 2018, as an early-stage venture, Haqdarshak received DBS Foundation’s Social Enterprise Grant for their digital platform. Again in 2020, in response to the pandemic, DBS Foundation reinforced its commitment to supporting social enterprises by awarding all its past grantees the Business Transformation and Improvement (BTI) Grant, empowering them to continue during an exceptionally difficult year. Haqdarshak utilised this grant to serve its beneficiaries and the wider MSME community through a new platform providing access to government-assisted schemes for registrations, documentation, and financing applications.
Earlier this year, DBS bank committed an additional SGD 100 million to further its efforts to improve lives in Asia. This would allow the bank and DBS Foundation to boost their support for purpose-driven businesses and contribute towards finding solutions to the region’s increasingly pressing societal issues.
Participate in ‘Vi20FANfest’ during Women’s T20 championship and win iPhone for each match
• Vi customers can also win a range of exciting prizes such as Headphones, EarPods, Bluetooth speakers and more
Bhubaneswar: Leading telecom player, Vi is running an exciting contest around the Women’s Cricket T20 Championship in India, giving its customers a chance to win exciting prizes such as an iPhone for every match, amongst others.
In the spirit to build awareness about women cricketers, on the occasion of International Women’s Month, Vi is encouraging participation in its Vi20FANfest contest where Vi customers can participate and win a host of exciting prizes.
By participating in Vi20FANfest, users can win an iPhone for every match and also some exciting tech gadgets such as Go Pros, Gimbals, Bluetooth Headphones, Bluetooth Speakers, Portable Storage, EarPods and Gift vouchers.
Vi20FANfest contest is live on Vi social media handles like Twitter (@ViCustomerCare), Instagram (@ViOfficialfanworld) & Facebook (@ViOfficialfanworld) during the match hours. Participants will have to correctly identify answers to trivia questions every day, and comment the correct answer with the hashtag ‘#Vi20FANfest’.
Throughout the Vi20FANfest contest, 50 lucky winners will win tech gadgets while 22 mega winners will take home the iPhone
The contest is valid until March 26, 2023.
Honda Motorcycle & Scooter India inaugurates its 3rd Skill Enhancement Centre in Rourkela, Odisha
• With new centre in Rourkela, Honda Skill Enhancement Centres now at 52 across 20 states
• Equipped with state-of-the-art training facilities, centre to provide practical training on two-wheelers maintenance & repair
Bhubaneswar: Committed to Skill India Mission, Honda Motorcycle and Scooter India (HMSI) inaugurated Odisha’s 3rd Skill Enhancement Centre at Rourkela in collaboration with Government Industrial Training Institute (ITI) of the city. The new centre will empower local youth with job-oriented technical skill training in the city.
The inauguration was held in the august presence of Sh. Subrata Kumar Pattnaik (President, Chamber of Commerce & Industries, Rourkela, Odisha), Sh. Bibhabanjan Samantasinghray (Regional Transport Officer, Rourkela, Odisha), Sh. Dhananjaya Khura (Principal, Industrial Training Institute, Rourkela, Odisha), Sh. Rajendra Bhimrao Shinde (General Manager, Regional Business East Customer Service, HMSI) and other dignitaries from Government ITI, Rourkela and HMSI.
On this occasion, Mr. Atsushi Ogata – Managing Director, President & CEO, Honda Motorcycle & Scooter India said, “Fulfilling its corporate social responsibility, HMSI proactively supports Skill India Mission to empower Indian youth. Constant changes in rapidly evolving automobile industry have raised the demand of skilled technical manpower. Keeping this as a priority, HMSI has inaugurated its third Skill Enhancement Centre of Odisha. The new developed centre in Rourkela is a testimony to our commitment to upskill local youth and enhance their employability.”
HMSI’s Skill Enhancement Centre at Jail Road, Near Reserve Police line in Rourkela has a fully functional workshop with two-wheelers and service infrastructure and latest tools & technology to give practical training to students on technical aspects of two-wheelers maintenance & repair and empowers them with recruitment opportunities at two-wheeler dealerships across India.
Honda Motorcycle & Scooter India celebrates International Women’s Day
Empowers more than 1300 women with exclusive Road Safety campaign across India
Bhubaneswar: Aimed at educating and raising awareness on road safety among women so they can enjoy the freedom of mobility on roads, Honda Motorcycle & Scooter India (HMSI) conducted exclusive female-oriented Road Safety Awareness campaign across India which marked the occasion of International Women’s Day.
The 2-day long campaign with the theme of #HelmetOnLifeOn empowered more than 1300 women with safe road practices and riding/driving skills to ensure their safety and well-being while on road. The celebrations outspread to more than 16 cities across HMSI 10 Traffic Training Parks and 6 Safety Driving Education Centers in India.
Speaking on HMSI’s Women’s Day Road Safety Initiative, Mr. Prabhu Nagaraj, Operating Officer – Brand & Communication, Honda Motorcycle and Scooter India said, “HMSI dedicated this International Women’s Day towards building confident and safe female riders on road. With our special #HelmetOnLifeOn campaign, we wanted to celebrate the spirit of womanhood by creating road safety awareness and further empowering them to enjoy the freedom of mobility on roads confidently and independently. We are honored to celebrate this special day with women from different stratum of society and thank them for celebrating this occasion with us.”
Key activities of HMSI’s International Women’s Day celebrations
1. Road Safety Awareness Theory Session – To encourage effective road safety engagement, HMSI’s trained road safety instructors used Road Safety Learning Programs that focused on essential aspects of road safety (road safety rules, road sharing manners, correct driving/riding posture, importance of riding gears and vehicle maintenance tips).
2. Kiken Yochi (danger prediction) Training (KYT) – The participants were sensitized on different aspects of hidden threats while using the road as pedestrian or motor vehicle user to enhance their sensitivity to danger and ensure safe driving behavior on roads.
3. Static Check – Under this activity, women learnt general methods of vehicle check that are necessary for embarking their journey.
4. Slow Riding Skill Contest – All women then implemented the knowledge gained through a special slow riding skill contest. The top 3 performers were rewarded with Honda branded helmets.
5. Fun Activities- To make it a memorable experience for participants, a Fun Zone was also setup. Women enjoyed various games and won Honda merchandize and helmets.
Honda Motorcycle & Scooter India’s CSR commitment towards Road Safety:
For Honda globally, road safety comes first. As announced in April 2021, “Honda will strive for zero traffic collision fatalities involving Honda motorcycles and automobiles globally by 2050”. Fulfilling its corporate social responsibility (CSR), HMSI has been promoting road safety in India since its start in 2001. Working towards the realization of Honda’s global safety vision, today HMSI’s road safety awareness initiative has already spread to more than 50 lac Indians. Its team of skilled safety instructors conduct daily programs at its 10 adopted traffic parks across India and 6 Safety Driving Education Centers (SDEC).
Not only this, all HMSI’s 1000+ dealerships across India spread road safety awareness. HMSI’s proprietary virtual riding simulator increases the risk-prediction ability of riders; while new customers too are given predelivery safety advise (PDSA) before they start riding at every dealership across India.
Additionally, ensuring that learning doesn’t stop in the new normal, HMSI started the digital road safety education initiative – Honda Road Safety E-Gurukul. Since its start in May’20, this initiative has sensitized more than 8 Lac Indians on importance of being aware & responsible road users.
Bhubaneswar: Tata Technologies Limited, leading global engineering services company offering product development and digital solutions, including turnkey solutions, to global original equipment manufacturers, has filed its Draft Red Herring Prospectus (“DRHP”) with market regulator Securities and Exchange Board of India (“SEBI”).
The Company’s initial public offering by way of an offer for sale of up to 95,708,984 equity shares for cash (“Equity Shares”), representing approximately 23.60% of its paid-up share capital (“IPO”).
The offer for sale comprises of (a) up to 81,133,706 Equity Shares by Tata Motors Limited, (b) up to 9,716,853 Equity Shares by Alpha TC Holdings Pte. Ltd. and (c) up to 4,858,425 Equity Shares by Tata Capital Growth Fund I, each representing up to 20%, 2.40% and 1.20%, respectively of Tata Technologies paid-up share capital.
Tata Technologies is a leading global engineering services company offering product development and digital solutions, including turnkey solutions, to global original equipment manufacturers (“OEMs”) and their tier 1 suppliers. The Company has deep domain expertise in the automotive industry and leverages this expertise to serve clients in adjacent industries, such as in aerospace and transportation and construction heavy machinery. Zinnov has estimated the global engineering, research and development (“ER&D”) spend to be approximately $1.64 trillion as of 2021 and expects it to grow to approximately $2.28-2.33 trillion by 2025. Tata Technologies has been recognized as a domain expert and leader by Zinnov for several sectors like automotive, aerospace and electrification services.
For the nine month ended December 2022, the firm reported a revenue from operations of Rs 3,011.79 crore against Rs 2607.30 crore for nine months ended December 2021, representing growth of 15.5%. Net profit for 9MFY23 period stood at Rs 407.47 crore versus Rs 331.36 crore for 9MFY22. The Company’s Adjusted EBITDA margins have grown consistently over the years – from 16.50% in FY20, to 19.20% in 9MFY23.
JM Financial Limited, Citigroup Global Markets India Private Limited, and BofA Securities India Limited are the Book Running Lead Managers to the issue.
DRHP Link: https://jmfl.com/docs/default-source/default-document-library/draft-red-herring-prospectusb765bb81d5a0683b8507ff0300a28ed8.pdf?sfvrsn=0