Institute of Chartered Accountants of India (ICAI) International Conference 2019 held in Mumbai.

The two day International Conference organised by the Institute of Chartered Accountants of India (ICAI) was inaugurated today, December 6, 2019 at Mumbai. The Conference “Accountancy Profession: Catalyzing Reforms, Creating Values” is a part of ICAI’s effort to dwell deeper into emerging paradigm of Accountancy Profession and bring the Indian and global perspective together on issues that are of contemporary relevance while ensuring continuous professional development of its members.

Padma Shri CA.(Dr.) T.N.Manoharan, Past President, ICAI and Mr. Alan Johnson, Deputy President, International Federation of Accountants (IFAC), CA. Prafulla P. Chhajed, President, CA. Atul Kumar Gupta, Vice-President, Central & Regional Council Members of ICAI were present during the inauguration of the Conference at Mumbai.

Addressing the Conference, Shri T.N.Manoharan said “If there is one profession which is an integral part or almost co-existent and growing along with the growth of the economy, it is the profession of Chartered Accountancy.”

He further added “I congratulate ICAI for its commitment to the fundamental principles of excellence, independence and integrity. ICAI has been continuously making an intense and concentrated effort to train and educate its members & students with latest knowledge that helps them in providing sustained resilient reporting practices in the dynamic market place.”

The two day Conference will deliberate on the issues related to Taxation Reforms, Future of Corporate Reporting, Auditing reforms, Creation of Stakeholder Value, Technological Reforms and alike and will provide an apt opportunity for delegates to empathize the challenges and opportunities available while dealing with areas of contemporary and emerging interest in global economy.

Mr. Alan Jonson, Deputy President, IFAC shared “ ICAI is a distinguished member of IFAC family & also a founding member. The Institute is effectively supporting this noble profession of accountancy since 70 years.”

He further added “ This Conference is an apt platform for one to one interaction and exchange of ideas amongst the global and local accounting fraternity. I am glad to share that ICAI is a perfect choice to host World Congress of Accountants (WCOA) in 2022 as ICAI’s vibrancy and contribution to overall development of this profession is commendable.”

The Conference is intended as a forum for establishing interface with regions most influential thought leaders in the field of accounting, finance & business. Participants from academics, researchers, practitioners and policy makers are sharing their insights towards cutting-edge information on global trends, issues and challenges.

CA. Prafulla P. Chhajed, President, ICAI addressing at the Conf. said “This Conference aims to highlight the enabling role of Accountants in catalyzing reforms and at the same time creating economic values including exploration of new pathways to accounting excellence for the next generation of accountants.”

He further added “The Conference would be a forum of communication for academicians, researchers, practitioners, and policymakers in the areas of accounting and finance.”

The Conference would have renowned experts in the area of accounting and auditing from international bodies including doyens from Trade and Industry in India. Various sessions are being addressed by eminent personalities from Government Sector, Regulators, Global Accountancy Forums, Industry and practitioners etc.

CA. Atul Kumar Gupta, Vice-President, ICAI said “At ICAI, we attempt to acclimatize our fraternity on various regulatory and technological trends and issues; explore to increasingly meet stakeholders’ expectations and develop new ideas and thoughts for advancing financial reporting, standards setting and innovate new business models for Governance led growth. This Conference is yet another stride towards this direction.”

The Conference was attended by over 1100 professionals from Pan India and overseas.

Endemol Shine India picks up the screen rights for Salil Desai’s ‘The Sane Psychopath’

Mumbai, 28^th  November, 2019: We are excited to announce that the screen rights to Salil Desai’s chilling and compelling novel, ‘The Sane Psychopath’ have been picked up by leading content creators, Endemol Shine India.

Abhishek Rege, CEO, Endemol Shine India, said “Inspired by a real incident, The Sane Psychopath is an astounding psychological tale of a frightening murderous phenomenon of our times. Endemol Shine India is focused on developing quality content, that is gripping and globally relevant to the times we live in. What attracted us to the book is the insight the plot gives into the legal system, the state of mental health and the impact the news and headlines have on the general public. Delving into the mind of a psychopathic killer AND an idealistic lawyer, Salil Desai has penned a story that matters and has the power to change the narrative.”

Author Salil Desai is elated. “The Sane Psychopath is my darkest novel yet and was the hardest to write. I always thought it was 'made-for-screen' and when Endemol Shine India decided to adapt it, I almost went insane with excitement,” Salil said. Earlier this year, Salil Desai’s much acclaimed Inspector Saralkar Mystery series too was picked up for adaptation into a web series by another big production house.

"When I first heard the plot for The Sane Psychopath based on this real event, it truly intrigued me. Salil has written a masterpiece! I am so delighted Endemol Shine India picked it up for adaptation and we are all so thrilled for Salil," said Shikha Sabharwal, Publishing Director, Fingerprint! Publishing.

OSH India commences its 8th edition in Mumbai

                                                                         

Creating and sustaining awareness for Occupational Safety and Health in the industry

South Asia’s largest trade show for Occupational Safety & Health industry by Informa Markets in India

Mumbai, 28th November 2019: Informa Markets in India (formerly UBM India), India’s leading B2B event organiser, commenced its 8^th edition of OSH India today at the Bombay Exhibition Centre in Mumbai. The two day expo ( 28^th- 29^th November ) catering to the occupational safety and health industry brought together internationally renowned exhibitors, consultants, business experts and key government officials on a single platform to discuss global best practices and seek solutions to some of the most pressing challenges in the field of workplace safety and health.

The inaugural ceremony of OSH India, 2019 took place in the presence of Key Dignitaries - Mr. Lalit Gabhane, Director General, National Safety Council, Mr. Santosh Warick, Chief Fire Officer & Fire Advisor, Govt. of Maharashtra, Mr. Mike Robinson, Chief Executive, British Safety Council, Dr. Sidram K. Raut, National President, Indian Association of Occupational Health and Mr. Hemant Sapra, President, Safety Appliances Manufacturers’ Association, Mr. Yogesh Mudras, Managing Director, for Informa Markets in India and Mr. Pankaj Jain, Group Director, Informa Markets in India amidst an august industry gathering.

The participation of leading exhibitors from across the industry reaffirmed the need and focus of OSH India as an industry event.  These include Karam, Tata Communications, Udyogi, Mallcom, Lifegear, Dupont, Ansell, etc. This year, the show has a presence of over 150 exhibitors and over 180 brands and is witnessing international participation from countries such as USA, China, UK, Belgium, Sri Lanka, Japan, Korea, Germany, Ireland, Middle East and Malaysia.

Speaking on the 8^th edition of OSH India in Mumbai, Mr. Yogesh Mudras, Managing Director,for Informa Markets in India said, “On average, 4.75 million people join the labour force in India per year. In a strong corporate safety culture, organisations need to look at the safety and health along with emotional well-being of these employees on priority to retain the best of talent and ensure good productivity. Companies in manufacturing and allied sectors such as automobile, oil and gas, construction etc. in particular are becoming aware of occupational hazards and are working towards creating a safer working environment, especially with some mishaps in the past, the recent one being a major fire breaking out at an oil and gas unit. Governments, through regulations are also emphasising on developing infrastructure and providing resources centred around workplace safety, coupled with increasing global investments. Despite a greater focus on occupational safety and health, there is still inadequate education at various levels and public awareness is still absent, as managements and workforce don’t always place safety as a top priority. Although, many organisations have taken the initiative to organize training sessions to create awareness, a concentrated and cohesive strategy is clearly not in place. Informa Markets in India through OSH India resonates industry’s advocacy of ensuring the safety and health of the growing workforce in our country and is geared up to filling this vital gap with innovation and knowledge through its exhibits and conference.”

This year, the expo is well supported by associations such as -- National Small Industries Corporation (NSIC), International Powered Access Federation (IPAF), Indian Society of Ergonomics (ISE), Indian Technical Textiles Association, Safety Appliances Manufacturers Association (SAMA), Air India Engineering Services Ltd (AIESL), National Accreditation Board of Certifying Bodies (NABCB), Board of Certified Safety Professionals (BCSP), MRO Association, Safety Training institutes and more.

This year’s conference shares and ideates on global best practice with delegates; whilst the accompanying exhibition is helping identify solutions to the most pressing challenges in workplace safety and health. The key sessions and panel discussions at the conference are attended by industry experts from across the country and leading international organizations. Topics of discussion at the conference included: ‘Leadership in Health and Wellbeing: Stopping the rise in Presenteeism’; ‘OSH Vision Zero’; ‘Latest reforms in occupational safety and health laws in India and the way forward: Key challenges in their implementation’; ‘a Powertalk on improving Human Performance and Safety’; a workshop on ‘Electrostatistics Hazards Risk Assessment and their Alleviation’; ‘The need for permit to work systems for critical operations’; ‘Role and Need for accreditation in HSE by NABCB’ amongst other insightful sessions.

To promote safety among the Indian workforce, OSH India 2019 showcased a SAFETY FASHION WALK along with the prestigious OSH India AWARDS 2019. The Awards catered to Indian operating businesses, organizations, alliance and individuals in the public or private sector with a workplace health and safety initiative. This year, OSH Awards received a total of 220 from across industry verticals that include construction, Pharma, chemicals, FMCG, BPO, Banking, refineries, oil & gas, automobiles, logistics & transport, power, SME’s, Agro, Healthcare, food, iron & steel, IT, Rubber industry and more. These Awards have been instrumental in building competitiveness among applicants, in encouraging innovation and have been able to promote and establish thought leadership within the Occupational Safety and Health industry in India. The Awards Night that was slated for 28 November celebrated of the coming together of the luminaries and forerunners of the industry, marked by a night of glamour, entertainment.

NSE’s Dr. R H Patil Memorial Lecture by Nobel Laureate Prof Robert Engle

L to R: Mr. Vikram Limaye, MD & CEO, NSE and Prof Robert Engle, Nobel Prize in Economics, 2003 and Director of the NYU Stern Volatility Institute at Dr. R H Patil Memorial Lecture 2019

Mumbai, November 26, 2019: The National Stock Exchange (NSE), as part of its Silver Jubilee celebrations, invited Prof Robert Engle, a Nobel Laureate in Economics, as the Keynote Speaker for this year’s Dr. R H Patil Memorial Lecture.

By aggregating SRISK (systematic risk) across a country’s economy, Robert Engle, a Nobel Prize winner at NYU, believes one can estimate the relationship between projected capital shortfalls and the likelihood of a financial crisis. His work shines a spotlight on the interconnected nature of the economy, reminding investors that potential danger is rarely isolated in a single country. Indeed, the risk of a domestic financial crisis depends, in large part, on the financial position of the rest of the world.

“Our approach is motivated by the observation that excessive credit growth, a main cause of financial crises, is reflected in the undercapitalization of the financial sector,” his study said.

Speaking on the occasion, Mr. Vikram Limaye, MD & CEO, NSE, said “We are very fortunate and honored to have with us Prof Robert Engle as our key note speaker for this year’s Dr. R H Patil Memorial lecture given the issues facing the Indian financial services landscape, and the importance of risk management as a focus area for banking and capital markets players’.

Prof Engle won the Nobel Prize in 2003 for his research on the concept of autoregressive conditional heteroskedasticity (ARCH). He is presently the Director of the NYU Stern Volatility Institute and is the Co-Founding President of the Society for Financial Econometrics (SoFiE), a global non-profit organization housed at NYU.

Prof Engle is an expert in time series analysis with a long-standing interest in the analysis of financial markets. His ARCH model and its generalizations have become indispensable tools not only for researchers, but also for analysts of financial markets, who use them in asset pricing and in evaluating portfolio risk. His research has also produced such innovative statistical methods as cointegration, common features, autoregressive conditional duration (ACD), CAViaR and now dynamic conditional correlation (DCC) models.

The ‘Dr. R H Patil Memorial Lecture’ is organized in the honor of NSE’s founding Managing Director, Dr. R H Patil, who played a pivotal role in transforming India’s capital markets, thereby paving the way for both domestic and global investors to be part of the India growth story. This is the second year of the lecture, which is an annual event and brings insights from high quality domestic or international speakers of repute.

During the inaugural Dr R H Patil Memorial lecture last year, Prof Robert C Merton, a Nobel Laureate in Economics was invited to be the Keynote Speaker. Prof Merton won the Nobel Prize in 1997 for a new methodology to value derivatives (Black-Scholes-Merton model).

IKEA brings its first physical presence ‘IKEA On Wheels’ to Mumbai

IKEA On Wheels, a mobile truck with functional and furnished rooms provides Mumbaikars the ability to touch, feel and be inspired with IKEA products and solutions.

Mumbai, November 26, 2019: IKEA, the world’s leading multi-channel home furnishings retailer launched 2 trucks to offer Mumbaikars exciting concepts-based on affordability, accessibility and sustainability for families and children. Themed with concepts ‘Sustainable living (with Kitchens)’, and ‘Living with children', the trucks will be in Mumbai, one based in Utopia City, Worli (Kamala Mills) and the other travelling to various points between South Mumbai and Western Suburbs. With a total of four trucks based on four different concepts, IKEA received great response for the first truck themed ‘Create Space’ which showcased IKEA’s affordable and multi-functional home furnishing product solutions in the month of August 2019.

IKEA will also be holding various activities to engage with IKEA family members as it looks to scale its home furnishings offer and expertise, as an example ‘Come and do some DIY with us’. Mumbai can meet IKEA in Utopia City for the next 45 days and keeping with the festive season, the Christmas range is also displayed on the trucks.

Speaking about the IKEA on Wheels, Jaxa Gohil, Store Manager, IKEA India said, “As a part of our one market approach, offering IKEA solutions both online and offline is a priority for us. Mumbai is a significant market for us, one of the Top 30 cities globally and our biggest investment in India with warehousing, ecommerce & stores. While we launched our online store for Mumbai recently, ‘IKEA on Wheels’ will primarily help the many Mumbaikars touch, feel and experience our home furnishing solutions, they provide the many people with ideas and inspirations to reimagine their homes with a touch of IKEA!”

The ‘IKEA on Wheels’ trucks were flagged off in presence of IKEA co-workers and customers and while it displays physical offerings from IKEA, most of the products can be ordered online. It also offers a chance to potential customers for gaining personalized assistance from IKEA’s Life at Home experts, travelling along with the trucks.

IKEA wants to reach the many people with thin wallets. As it sets a goal to reach 100 million people in the next 3 years, the foundation for a strong and relevant offer is affordability and accessibility.

Fujifilm India unveils the new X-A7 camera for a Vlogging Delight

§   Comes with AF capable of tracking a fast-moving subject and detecting face / eye at high speed and accuracy

§   Features highest quality 4K video and a large bright rear LCD monitor for excellent operability

Mumbai, 25 November 2019: Fujifilm India Private Limited, a pioneer in imaging technologies, announced the launch of FUJIFILM X-A7, in Mumbai today. The new addition to the X Series range of compact and lightweight mirrorless digital camera offers an outstanding image quality with the company's unique color reproduction technology.

Sporting a retro and stylish design, the compact X-A7 weighs 320g and offers a host of features including the newly-developed 24.24MP APS-C sensor. The sensor uses copper wiring to enable high-speed data readout, and features phase detection pixels across the entire sensor surface to enhance AF speed and accuracy. This enables AF tracking of a moving subject as well as Face/Eye detection with ease.

Adding to these features, X-A7 boasts a smooth recording of 4K/30fps video and high-speed video, making it a perfect camera for vloggers who want to step-up their photography from smartphone pictures. The camera offers a broad range of features from casual snapshots of everyday scenes to travel photography and full-fledged photographic creations. The X-A7 includes features beyond a smartphone’s reach by offering 3.5-inch LCD monitor with a maximum luminous intensity of approx. 1,000 candelas to guarantee intuitive operability on the rear panel. Furthermore, this is the first X Series model that features a “vari-angle” monitor and allows users to adjust it any angle. It can be used in conjunction with the Portrait Enhancer Mode for self-portraits of advanced quality.

Commenting on the launch, Mr. Haruto Iwata, Managing Director, Fujifilm India Pvt Ltd. said, “India is an evolving market and so are the demands and expectations of our customers. As one of the enablers in the imaging world, we always strive to introduce technology that strengthens our capabilities, while allowing our users to effortlessly click and share. We are thrilled to announce the launch of X-A7, the latest addition to the X Series line-up that offers cutting-edge technology and is packed with unique features. The latest model is a perfect companion for travel photographers as well as Vloggers to refine their photography experience and is yet another landmark product in Fujifilm’s mirrorless range.”

Elaborating about the product, Arun Babu, General Manager Electronic Imaging and Optical Device, Fujifilm India Pvt Ltd, said, “At Fujifilm India, we take pride in providing the innovative technology to our customers by creating products that enhance their experience. The newly launched X-A7 offers latest technology & features, making it an ideal choice for vloggers who are looking for compact yet an advanced photography & videography device. With the launch of this camera, we want users to expand their existing capabilities to gain an enhanced creative edge.”

Price and Availability:

The new X-A7 is available in five colour variants- Silver, Camel, Dark Silver, Mint Green and Navy Blue. The camera will be available with a XC 15-45mm lens kit at an MRP of INR 59,999.

Azent Overseas Education Ltd acquires Admission Table.com Admission Table.com – an AI powered online counselling platform for overseas University admission Mumbai,

20 November 2019: Azent Overseas Education Ltd, an online offline EdTech Startup founded by Atul Nishar (Founder Hexaware Technologies Ltd and Aptech Ltd ) and his daughter Priyanka Nishar has acquired Bangalore based, Admission Table.com, an Artificial Intelligence (AI) driven online platform for overseas University admission counselling. With its unique online offline business model, Azent aims at adopting digital means to transform education advisory and student guidance. In line with the Company’s plan to invest INR 250 Cr in cutting edge technologies, building of products and offerings, acquisition and centre infrastructure, this strategic acquisition will extend the Company’s reach beyond the Tier 1 cities and establish a pan India presence. This will further enhance Azent’s market positioning and opportunity to make a positive impact on its students. “This acquisition is in line with our investment and growth strategy. We continue to look for opportunities to acquire and invest in new technologies and innovative products.” said Atul Nishar, Founder, Azent Overseas Education Ltd. “Admission Table.com significantly enhances our online offerings and user experience.” added Priyanka Nishar, Founder, Azent Overseas Education Ltd. Admission Table.com is an entirely online platform which uses Artificial Intelligence (AI) chatbot and machine learning tools combined with human counsellors, to assist students with university shortlisting, admission counselling, admission and tutoring for SAT/GRE/GMAT/TOEFL/IELTS all in realtime. With this acquisition and integration of Admission Table.com, Azent will provide its students with an unparalleled experience of accessing structured online overseas education counselling anytime anywhere. With its strong understanding of the segment and execution expertise Azent will offer impartial guidance and attention to the students from the convenience of their own homes. To study abroad is a life changing decision for Indian students. By using modern technology like AI, data mining etc. Azent focuses on diverse offerings, providing students the best possible admissions guidance, while keeping in mind their individual strengths, to set them up for future success. 

OSH India 2019: Informa Markets in India’s drive to create and sustain awareness for Occupational Safety and Health

South Asia’s largest trade show for Occupational Safety & Health industry

Mumbai, 19^th November 2019: To discuss global best practices and seek solutions to some of the most pressing challenges in the field of workplace safety and health, the Informa Markets in India (formerly UBM India) has announced the 8th edition of Occupational Safety and Health (OSH) India on 28th and 29th November 2019 at – Bombay Exhibition Centre, Mumbai. The show will bring together internationally renowned exhibitors, consultants, business experts and key government officials.  

The conference will aim and discuss the crucial issues such as ‘Leadership in Health and Wellbeing: Stopping the rise in Presenteeism’; ‘OSH Vision Zero’; ‘Latest reforms in occupational safety and health laws in India and the way forward: Key challenges in their implementation’; ‘a Power talk on improving Human Performance and Safety’; a workshop on ‘Electro statistic Hazards Risk Assessment and their Alleviation’; ‘The need for permit to work systems for critical operations’; ‘Role and Need for accreditation in HSE by NABCB’ and other insightful sessions will be discussed. Over 138 plus exhibitors worldwide and people from National Small Industries Corporation (NSIC), International Powered Access Federation (IPAF), Indian Society of Ergonomics (ISE), Indian Technical Textiles Association, Safety Appliances Manufacturers Association (SAMA), Air India Engineering Services Ltd (AIESL), National Accreditation Board of Certifying Bodies (NABCB), Board of Certified Safety Professionals (BCSP), MRO Association, Safety Training institutes and more will attend the OSH. The Safety Managers, Consultants, personnel from Defence Establishments, Disaster Management, Distributors and Manufacturers of Health & Safety Products, Electrical Contracting/ Engineers, Facility Managers, Logistics Professionals,  Municipal Authorities, System Integrators and Town Planners will visit during the expo. To promote safety among the Indian workforce, OSH India 2019 will showcase a SAFETY FASHION WALK along with the prestigious OSH India AWARDS 2019 on 28^th November. The Awards are open to Indian operating businesses, organizations, alliance and individuals in the public or private sector with a workplace health and safety initiative. This year, OSH Awards received a total of 235 applications from across industry verticals.

INFORMA MARKETS IN INDIA: The New Brand Identity for UBM India

  

MUMBAI, 19^th November 2019: Informa Markets in India, India's leading exhibition organizer, the new name for the previously well-established firm, UBM India, recently announced the launch of its new corporate brand identity, logo, and website.  These changes come globally due to the acquisition of UBM by Informa Plc, which is a leading international events, intelligence and scholarly research group listed on London Stock Exchange.

The new branding has been effective since June 2019, with many of the consequences coming into play currently. Following the global format, the newly combined entity in India, Informa Markets in India, has as its core vision and mission the championing of specialist markets and communities, domestically and around the world to trade, innovate and grow through exhibitions, digital content & business intelligence, and conferences & seminars. All communication collaterals of Informa Markets in India will thus reflect this new brand identity.

The intention in creating these changes was to retire the UBM corporate entity so as to truly operate as one business. This has included retiring the ubm.com website, as well as retiring and rebranding UBM’s branded social media channels, and working towards rebranding offices where the UBM logo appeared in the past. This uniformity will help the brand to grow, expand business, make breakthroughs and take better informed decision, and come up with custom services for specialist’s requirement.

In addition to the entire spectrum of 26 plus shows such as CPhI India & P-Mec India, SATTE, IFSEC, Renewable Energy India Expo, Delhi Jewellery and Gems fair, the combination has brought in new expos such as INMEX-SMM catering to the shipping and maritime industry and the soon to be launched India Health. These shows have always been the prestigious in industry and with this acquisition, will further boost the sectors, increase the services and will mark the growing importance of the trade.

 Globally, Informa PLC is structured into five operating divisions, each working deeply in specialist customer markets: Informa Connect, Informa Intelligence, Informa Markets, Informa Tech, and Taylor & Francis. After careful consideration, Informa Plc has entered the UBM global exhibitions markets through its division Informa Markets, a leader in the knowledge and information domain. As a result, all Informa Exhibitions Colleagues and UBM teams, businesses and brands that were part of Global Exhibitions, will now be part of the new Informa Markets identity.

Healthcare Data Monetization and its Future in India

In today’s digital world, unless we are living under a rock, most of us would have bought things online; some of us also would have sold things online using the services of e-commerce websites. Imagine going online, but instead of purchasing a mobile phone or a t-shirt, you are able to buy healthcare-related data generated by patients! It can be related to the efficacy of a brand of antidiabetic medicine, or side effect profile of a particular group of pain killers, or the cost of different brands of anticancer medicines, or the effect of an antidepressant medicine on liver and kidney function.

The concept of healthcare data marketplace or healthcare data monetisation is all about the purchase and sale of healthcare related data. This concept is becoming popular across the world, and is also making an entry into India. Earlier this month, MarksMan Healthcare Communications Pvt. Ltd. launched India’s first Healthcare Data Marketplace and Healthcare Data Monetization platform called KYT or Know Your Treatment.

But the real question is, who would buy such health-related information? What about confidentiality? How would a misuse of such healthcare data be prevented? And more basically, is such a healthcare data marketplace really required?

The easiest to answer is the last question. Dr Amit Dang, MD, Pharmaceutical Physician, Founder and CEO of MarksMan Healthcare Communications and Founder of KYT explains: “As on 2019, the estimated value of healthcare analytics market is a whopping 14.0 billion USD, which roughly translates to INR 10 lakh crores! Currently, the main contributors of this market include patients from the USA. Needless to say, with Indian patients gradually realising the importance of how valuable their health-related data is, the value of this market is only going to go up!”

But who would be willing to pay such a crazy amount of money to obtain health-related data from patients? Ms Dimple Arora, Data scientist and Co-founder, KYT answers: “Pharmaceutical companies who are in the search of the next blockbuster drug are in need of real-world healthcare data from Indian patients. With the realisation of the value of real-world data for the development of new drugs and also for regulatory purposes, pharmaceutical companies are in search for credible, well-generated healthcare-related data, preferably voluntarily obtained from informed and consenting patients. Using such health-related data, pharma companies would do complex analytics and try to pick up signals which would help them undertake clinical decision support, revenue cycle management, population health management and value-based analytics.”

And who are the sellers? As with any other item, the seller of the healthcare data is the one who owns it. But who owns the healthcare data? Is it the doctors? Hospitals? Laboratory? According to Dr Pawan Rane, MD, Oncologist, and Co-founder of KYT, the real owner of a patient’s healthcare data is none other than the patient. While a patient is hospitalised, the medical record is undoubtedly the hospital’s property; but the healthcare data contained within those records is definitely owned by the patient. And by extension, a patient can use this data to sell it to those who would be willing to pay for it. This is exactly where healthcare data marketplace comes into picture.

The two major concerns for any such entities offering healthcare data marketplace are safety and trust. The KYT app solves both of these problems by offering a secure way to upload and save health-related data with a friendly user interface. Dr. Amit Dang clarifies: “The KYT app provides provision to all patients to control the sharing of their data, which means that their health data can only be used after they give their due consent to do so. Dr. Pawan Rane further mentions that “To ensure confidentiality of data and to prevent unwanted disclosure of sensitive data, we anonymize the data before sharing it with any third party. That way, the buyers of the data – pharmaceutical companies – would only receive the data, and not the identifying details of the patients. This makes KYT app a secure and safe place to save your health-related data and share it with potential buyers in return for a suitable incentive.”

KYT also acts as a patient’s own healthcare dairy which can be used to chronicle the health and medication history in a secure manner. Ms Dimple Arora concludes: “In many Western countries, medical records are digitalised: a concept called Electronic Health Record (EHR). However, many hospitals in India continue to rely on paper records. Further, in the West, health insurance companies maintain a valuable database of patient health data. Such a database is unfortunately lacking in our country because of poor penetration of health insurance in India. In this background, KYT is a novel platform by which willing and consenting patients generate credible electronic versions of their health data, with an additional advantage that this data can also be shared in exchange for money.”

The KYT app is now available in Play Store for free download. For more details visit https://thekyt.in/

Mumbai to host Asia’s largest show on Smart & Safe Mobility on November 20 November 20-22, 2019, Bombay Exhibition Center, Goregoan, Mumbai

Over 100 exhibitors, 4000+ trade and professional visitors, three-day Conference on ‘Mobility: Smart Today, Smarter Tomorrow’

Mumbai, Nov 16, 2019:  The 8^th edition of TrafficInfraTech expo along with Parking InfraTech and Smart Mobility expo open in Mumbai on November 20 with participation from over 100 exhibitors from different countries including USA, the UK, UAE, Germany, Israel, Belgium, Australia, China and Italy showcasing their products and solutions for Traffic and Parking Management.

As the country is focussing on road capacity and bringing future mobility solutions, the Show assumes greater significance. The Expos will have showcasing of technology for Traffic Management/ Technology, ITS, Tolling, Telematics, Safety & Security, Parking, Mass Transport and EVs.

The future of mobility solutions like IoT, AI & Blockchain, Vehicle Telematics, Smart Parking App, ATCS etc will also be showcased at the Expo.

The three Expos under one roof will be an ideal platform to witness technological advancements, meet technology /solution providers, identify key market trends and to meet & learn from the experts.

There are innovative products/technology that will be exhibited for the first time in India. Like the vehicle-based mobile VMS platform, Pushpak, from the Australia-based Ador Powertron. The fully integrated platform includes inverter, batteries and in-cabin controls. The VMS can be controlled locally or through a GSM communication network from a control room.  It can be used in small city roads or deployed at highway roadworks and closure.

At the Expo, one can witness a complete range of enforcement technologies to identify and process traffic offences, Singapore-based Vandi Technology’s road traffic management system with live video monitoring and recording capabilities can help law enforcers view current traffic status and review footages for identifying events that occurred during a traffic incident. In addition, integration with intelligent video analytics software can enable applications such as vehicle counting, average speed detection, stationary vehicle detection, and wrong way detection. With this information, traffic flow throughout the day can be calculated and traffic violations can be identified immediately, enhancing road safety.

Another product/system to look forward at the Expo is camera-based parking management system-ParkingDetection by VTrac Worldwide, which is developed by Czech Republic based RCE Systems. The system performs robust and innovative solution for on street and off-street parking monitoring. Apart from that the company will also display solutions for Traffic Survey & Data Analysis.

Other products to look out for in the traffic monitoring/traffic survey technology is Remote Access Link road case by Australia based Metrocount which enables users to collect data remotely when using tube ATCCs.

The Remote Data Acquisition Platform based on GSM-GPS-RFID is designed & developed by iTriangle provide an end-to-end solution for various sectors including Transport, Logistics, and the Automobile Industry.

Several high-level professional visitors have already registered including officials from concerned Ministries, Government Departments, Infrastructure Companies, Traffic Police, Smart City Consultants and Transport/Traffic experts.

The event is supported by the Ministry of Road Transport & Highways and NITI Aayog along with many other government & non-government Associations.

CONFERENCE

Considering the great focus, the Central and State machinery are giving to Smart Mobility, Public Transport, Parking solutions and infrastructure, ​the three-day Conference on ‘Mobility: Smart Today, Smarter Tomorrow’ at the Expo  has  been designed to  facilitate discussions  and interactions on the latest  in traffic and transport sectors.

PCPIR Rejuvenation Study launched at Summit on Global Chemicals & Petrochemicals Manufacturing Hubs in India 2019

Mr. D.V. Sadananda Gowda, Minister of Chemicals & Fertilizers, Government of India with esteemed dignitaries at GCPMH 2019 launching PCPIR Rejuvenation Study report.

Co-hosted by FICCI, the first of its kind two-day summit was inaugurated by Shri D.V. Sadananda Gowda, Minister of Chemicals & Fertilizers, Government of India

Mumbai, November 11, 2019: In its endeavor to strive robust advancement in the Indian Chemical & Petrochemicals industry, Federation of Indian Chambers of Commerce & Industry (FICCI) jointly with the Ministry of Chemicals and Fertilizers, Government of India today launched the PCPIR Rejuvenation Study at the ‘Summit on Global Chemicals & Petrochemicals Manufacturing Hubs in India 2019’.

The PCPIR Rejuvenation Study, by FICCI and their knowledge partner Mott MacDonald, highlights the continuous development of Petroleum, Chemicals and Petrochemicals Investment Regions (PCPIR), its current scenario and government’s roadmap for policy interventions to rejuvenate investment in PCPIRs. It has stated that India is the sixth largest producer of chemicals in the world and contributes 3.4% to the global chemical industry. The chemicals market in India has grown at 3% over the last decade. The industry comprises of 13.38% of manufacturing GVA and 2.39% of National GVA which employs about 2 million people.

The Government of India adopted a policy in 2007 to set up Petroleum, Chemicals and Petrochemicals Investment Regions (PCPIR). Currently there are four identified regions - Dahej (Gujarat), Vishakhapatnam (Andhra Pradesh), Paradip (Odisha) and Cuddalore (Tamil Nadu). However, due to a wide range of issues (ranging from overall infrastructure development to project financing), attracting investment to Vizag, Paradip and Cuddalore has been relatively challenging in comparison to Dahej. Considering the overall scenario, the government has now planned for policy interventions to rejuvenate investment in PCPIRs.

Speaking about extraordinary role of Chemicals and Petrochemicals Industry in shaping the other industries, Mr. D.V. Sadananda Gowda, Minister of Chemicals & Fertilizers, Government of India said, “The Indian Chemical & Petrochemical Industry is currently witnessing a rapid expansion. The untapped potential of this industry needs to be addressed which holds the power to bring a revolution in the country. The industry is expected to grow at a CAGR of 9.3% from USD 163 billion to USD 304 billion market by 2025, which not only emphasizes the important role it can play in the growth of Indian economy but to become the global leaders in petrochemicals and emerge itself as world’s next manufacturing hub. We are honoured to partner with FICCI to host first of its kind Summit on Global Chemicals & Petrochemicals Manufacturing Hubs in India 2019.”

Commenting on the significance of the report launch, Mr. Deepak C. Mehta, Chairman – FICCI Chemical Industry Committee and CMD, Deepak Nitrite Ltd. said, “It is my privilege to be a part of Summit on Global Chemicals & Petrochemicals Manufacturing Hubs in India 2019 and meet the entire industry fraternity at this important event. The Indian Chemical and Petrochemical industry is an integral part of the Indian economy and possess huge unrealized potential to strengthen the Indian economy. The PCPIR Rejuvenation Study connotes the chemicals market in India has grown at 3% over the last decade, current development and policy interventions to rejuvenate investment in PCPIRs.”

ROLLS-ROYCE COMPLETES BLACK BADGE FAMILY WITH CULLINAN

In 2016, Rolls-Royce Motor Cars introduced Black Badge, the bolder, darker and more dynamic alter-ego of the pinnacle super-luxury marque for men and women who take risks, break rules and build success on their own terms.

The Black Badge range was launched with Ghost and Wraith, and expanded to Dawn in 2017.

Now, a new member completes the Black Badge family.

Black Badge Cullinan is unveiled today, a dark behemoth born in the darkness, attuned to the preference sets of a younger, more adventurous patron of luxury. At a glance, highlights of the new car include: 

·        Black Badge Cullinan-specific design cues – darkened rear trim, polished contrast Pantheon grille vanes

·        Bespoke 22-inch Black Badge Cullinan wheels

·        Key elements darkened to black: SoE, Pantheon grille and R-R logos

·        New colour introduced: Forge Yellow

·        Naked-weave ‘Technical Carbon’ veneer

·        Dynamic enhancements: +29bhp, +50Nm, 0-100km/h timing improved by 0.1sec

·        Revised all-round air-suspension for firmer driving dynamics

·        Revised throttle, gearbox and brake mapping for enhanced driving experience

·        Shooting Star Headliner on Black Badge Cullinan

Torsten Müller-Ötvös, Chief Executive Officer, Rolls-Royce Motor Cars said:

“Black Badge reflects the desires of a distinct group of Rolls-Royce clients: men and women who take risks, break rules and build success on their own terms. Indeed, before we launched Black Badge in 2016 the idea of creating a product that would satisfy this subversive cohort – that is highly dynamic and wilfully rebellious in aesthetic – caused a great deal of internal debate. However, once the marque’s designers, engineers and craftspeople began pursuing this dramatic alter ego, it became clear that these motor cars could not only exist comfortably beneath this revered and historic brand but they would define a new space within the super-luxury market. In this spirit, the time has come for Rolls-Royce’s boldest and darkest expression of Black Badge yet. The King of the Night, Black Badge Cullinan.”

Sign Up For The 5-Day International Swim Camp At Corvuss American Academy

Learn to Swim Like a Pro With Former Olympic Competitors And British National Champions – James Parrack and Matthew O’ Connor

Mumbai: October, 2019 - Corvuss American Academy, a first of its kind, state-of-the-art boarding school for ‘student athletes’, is organising an exciting 5-day International Swim Camp from October 29 to November 2, 2019 for children between 8-18 years. The camp will be held at Bombay YMCA, Agripada.

Participants will learn the technicalities and nuances of swimming from former Olympic competitors and British national champions – James Parrack and Matthew O’ Connor. They will be taught the right techniques to warm-up and be given swimming drills to work on pace, stroke work and stability. They will also be taught dry-land training exercises as well as pre-competition routines to maximise their performance in the pool. This camp is a fantastic opportunity, whether you are a beginner or a competitive swimmer, to gain knowledge and help improve your swimming technique.

To register, and for more details, please visit:

https://bit.ly/2klV2lA

What - International Swim Camp

Where- Bombay YMCA, Agripada

When - October 29 to November 2, 2019