Connect with us

Press Releases

We don’t take commissions from our captains; we want to create employment and invest in their success: Aravind Sanka

Published

on

Aravind Sanka Co Founder of Rapido at ABP Network Southern Rising Summit page 0001 scaled

We are one of the largest employers in India, with 20 lakh people earning income through Rapido every month, including 4 lakh in Hyderabad alone.”, Aravind Sanka, Co-Founder, Rapido said at ABP Network’s The Southern Rising Summit 2024. 

In the session titled, “Upward Mobility: Making Transport Accessible”, Aravind Sanka, Co-Founder, Rapido, said “Leaving behind a high-paying, comfortable job to make a significant impact was my choice, and it has transformed how millions of Indians travel. At Rapido, we prioritize affordability and employment, supporting over 20 lakh drivers each month who we call our captains. Our commitment is unique globally—we don’t just take commissions; we invest in our drivers’ success. This ensures that if our captains are happy, so are our customers.”

Speaking in the following session on “Revisiting History: From Savarkar to Tipu Sultan”, Dr. Vikram Sampath, Author and Historian , said, “Hyderabad is closely linked to Tipu Sultan’s history. Many politicians have manipulated this history for their own ends, and I am committed to writing honestly about it. I faced threats and public backlash, including effigy burnings and book burnings, when I first wrote about Tipu Sultan. However, as a historian, I cannot let this deter me. My conscience is my protective shield, and my work is based on documented facts, including Tipu Suntan’s own writings.

The 18th century was chaotic, with regional powers engaging with European entities like the British and French. While Tipu is seen as a hero for opposing the British, he allied with the French, whose colonial ambitions were just as harmful. Moreover, Tipu’s reign was marked by severe atrocities; he was power-hungry, leading to his downfall. His actions resulted in widespread suffering in regions like Coorg and Kerala, where his massacres are the reason many still do not celebrate Deepavali to this day. There is ample documented evidence of his forced conversions, temple destruction, and even posthumous conversions, painting a bleak picture of his rule.”

The Southern Rising Summit 2024, hosted by ABP Network, India’s premier multi-language news platform, was conceptualised as a tribute to the exceptional growth, cultural opulence, and societal harmony exemplified by the southern states of India. In its second edition, this transformative summit convened on the theme “Coming of Age: Identity, Inspiration, Impact”, with the leading voices from politics, culture, and industry converging to celebrate South India’s remarkable journey and its influential role in driving economic growth and cultural innovation across the nation.

Press Releases

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

Published

on

By

Lyfius Pharma Penicillin G Facility 2

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.”

Continue Reading

Press Releases

Schneider Electric transforms power distribution with MasterPacT MTZ Active

Published

on

By

hq720

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.

Continue Reading

Press Releases

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

Published

on

By

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.

Continue Reading

Trending