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IIM Raipur and SIDBI Launch Advanced Certificate Program in Entrepreneurship and New Venture Creation: “SWAVALAMBAN Skill to Enterprise Model (STEM)

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The Indian Institute of Management (IIM) Raipur, one of the leading B-schools in India, is thrilled to announce the Advanced Certificate Program in Entrepreneurship and New Venture Creation, “SWAVALAMBAN Skill to Enterprise Model (STEM)”. This 18-month-long innovative program developed in collaboration with the Small Industries Development Bank of India (SIDBI) aims to empower 30 early-stage entrepreneurs with the requisite skills and knowledge to build and scale successful business ventures.

Prof. Ram Kumar Kakani, the Director of IIM Raipur said “We believe that budding entrepreneurs are vital to achieve the growth desired by 2047. To work in line with our government’s plan IIM Raipur takes pride in offering this futuristic free of cost program in conjunction with SIDBI . The genesis of this course stemmed from the recognition that our entrepreneurial minds require hands-on training and mentorship under industry pioneers to build empires that will drive India’s graph upwards. Hence, our faculty brewed this comprehensive program to ensure a rich learning experience that brings theory closer to reality.”

SWAVALAMBAN is an integrated, blended-curriculum course that would impart the best Academic and Professional mentorship to its participants free-of-cost. It brings thirty aspiring professional entrepreneurs on board who want to equip themselves with practical training to ensure class-apart experience in terms of mentoring under industry stalwarts and exposure to real-time case studies.

The program will provide multifaceted opportunities like Blended Learning Experience with online and offline learning modules combined to provide a well-rounded education, Practical Training to incorporate practical training using case studies and exercises where participants can apply their learning directly to their ventures, one-on-one mentoring by an accomplished pool of industry veterans who will guide and support entrepreneurs in the arduous journey of entrepreneurship. Academic modules will involve field experiments, applied projects, and real-world case studies to develop an entrepreneurial mindset in students.

This is a uniquely designed curriculum, will be led by an esteemed team of experts. Prof. Satyasiba Das Program Director, known for his extensive experience in entrepreneurship education will guide the program alongside Prof. Saroj Kumar Pani Program Co-Director, who brings a wealth of knowledge on venture creation and innovation. Prof. S. Ram Kumar, a Program Member, will lend his specialized knowledge in the domain of business strategy and development, and Ms. Munmun Panda, the Program Coordinator, will ensure seamless administration and support during the entire journey.

The SWAVALAMBAN Program is an outstanding opportunity for aspiring entrepreneurs to gain the expertise and resources to turn their business ideas into reality. Interested candidates are encouraged to apply by the deadline to secure a place in this life-changing program.

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Hon’ble Prime Minister Shri Narendra Modi Inaugurates Lyfius Pharma’s Flagship Penicillin-G Facility at Kakinada, Andhra Pradesh

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Lyfius Pharma proudly announces the inauguration of its state-of-the-art Pen-G manufacturing facility, at Kakinada, Andhra Pradesh. With an annual production capacity of 15,000 metrictonnes (MT), the facility was virtually inaugurated by Hon’ble Prime Minister Shri. Narendra Modi in thepresence of Shri. Jagat Prakash Nadda (Union Minister of Chemicals & Fertilizers, Health & Family Welfare),Dr. Mansukh Mandaviya (Union Minister of Labour & Employment, Youth Affairs & Sports), Smt. AnupriyaPatel (Union MoS Chemicals & Fertilizers, Health & Family Welfare), Shri. Prataprao Jadhav (Union MoS (IC)Ayush, MoS Health & Family Welfare) and Sushri Shobha Karandlaje (Union MoS Labour & Employment,Micro, Small & Medium Enterprises).

This facility represents a strategic investment of 2,500 crores, under the Government of India’s PLI Scheme,and exemplifies how private sector participation can significantly contribute to national growth, driveinnovation, and enhance healthcare security. The PLI scheme for the pharmaceutical sector aims tostrengthen domestic manufacturing capabilities in critical KSMs, DIs, and APIs.Commenting on the occasion, Mr. M.V. Rama Krishna, Director Lyfius Pharma, said “The launch of our Pen-G facility is a significant milestone in our efforts to enhance local production and reduce import dependency for critical pharmaceutical
ingredients. This investment underscores our commitment to support the government’s vision of ‘Atmanirbhar Bharat’, establishing India as a global pharmaceutical manufacturing
hub.”

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Schneider Electric transforms power distribution with MasterPacT MTZ Active

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Schneider Electric, the leader in the digital transformation of energy management and automation, launched the MasterPacT MTZ Active, a revolutionary new circuit breaker designed to set new benchmarks for safety, efficiency, and sustainability while ensuring business continuity. In a world increasingly driven by electricity and digitization, MasterPacT MTZ Active enables customers to respond to complex daily challenges, including 24/7 uptime demands, spiraling energy costs, and urgent calls for sustainable practices.“MasterPacT MTZ Active will empower operators to visualize and monitor their energy consumption in real time,” explains Nikhil Pathak, Vice President, Power Products and Digital Energy, Schneider Electric, Greater India. “This real-time insight will equip businesses to optimize energy management, reduce consumption, minimize waste, and ensure business continuity and enhance reliability.

“A more electric and digital world is key to addressing the energy and climate crises. In industries such as Healthcare, Food & Beverage, Life Sciences, Data Center, Building, etc, power is becoming more distributed and increasingly complex to manage. We have an existing legacy of 35+ years in designing and making air circuit breakers for safety and security. MasterPacT MTZ Active is our latest offering to accelerate energy efficiency coupled with high reliability, optimizing asset life without compromising on functionality or safety.”This superior product comes equipped with features such as and Native ERMs (Energy Reduction Maintenance Settings), which sets a new benchmark enhancing the protection of maintenance operators against arc flash hazards.

In response to circuit breaker trips caused by overloads, short circuits, and equipment ground faults, the control unit of MasterPacT MTZ Active introduces a pioneering QR code solution. This innovative feature allows operators to swiftly access guidance tailored to the specific root cause of the trip by scanning the QR code. In the event of an overload, the solution provides clear instructions to evenly redistribute loads across circuits, eliminating the need for time-consuming manual searches.

For 35 years, the MasterPacT name has been synonymous with circuit breaker innovation and reliability, with several million units in service worldwide. Now, with smart, connected power distribution becoming a must-have, Schneider Electric is expanding the range again to advance circuit breaker performance. MasterPacT MTZ Active features an electrical control unit that serves as the brains of the breaker, allowing facility managers to monitor and measure power use in real time.

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Adani Foundation at ACC Tikaria empowers rural entrepreneurs of Gudur through SHGs

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ACC, the cement and building material company of the diversified Adani Portfolio, along with the Adani Foundation, is enabling rural entrepreneurship across Gudur Gram Panchayat near ACC Tikaria. Along with the Adani Foundation, the Company has set up 12 Self-Help Groups (SHGs) to transform the socio-economic landscape of the village.Gudur Gram Panchayat, with a population of about 2,000, used to face significant socio-economic challenges, with most villagers engaged in agriculture and labour, often struggling below the poverty line. Essential services like hospitals, banks, and markets are located over 13 km away, making access difficult for many.ACC, through the Adani Foundation’s intervention, formed and nurtured 12 Self-Help Groups (SHGs) in the village.

By providing microfinance and business training, the initiative has uplifted many families, enabling them to improve their livelihoods.Sundra, a 54-year-old woman, has transformed her life through community-driven microfinance, receiving Rs. 1.50 lakh from her SHG to invest in farming equipment. This venture, under the National Rural Livelihood Mission (NRLM), now provides her with a stable monthly income of Rs. 15,000, significantly enhancing her family’s living conditions.ACC and the Adani Foundation’s impact through this initiative is seen in the empowerment story of villagers including Sundra, who have turned challenges into opportunities, fostering economic growth, and uplifting their rural communities.

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