Friday, 27 July 2018

L&T Finance Holdings Announces First Quarter Results for FY-19

By Tricitynews
Chandigarh 27th July:- The Board of Directors of L&T Finance Holdings Ltd. (LTFH), at its meeting held today, approved the unaudited financial results for quarter ended 30thJune 2018 (Q1FY19).
In line with direction from Ministry of Corporate Affairs, LTFH has adopted Indian Accounting Standards (IND AS) with effect from 1st April 2018. Results of Q1FY19 are prepared and reported in compliance with IND AS requirements. Additionally, for the same quarter of previous year (Q1FY18), figures have been recast to fit IND AS requirements.
Commenting on the results and financial performance, Dinanath Dubhashi, Managing Director & CEO, LTFH, said that we continue on the journey of improving our RoE through continuously enhancing our competitive position, strong NIMs + fees, tight cost controls and improving asset quality. Retailisation of our book, and usage of digital and data analytics remains pivotal to our strategy. We have now provided for the legacy Infra stressed book. For Q1FY19, we have achieved RoE of 18.45% which is within the steady state range. Having reached the steady state range of RoE, our focus will be on maintaining it through responsible growth and minimizing sigma by tightly managing all families of risk.

Learning on the Job: Empowering ‘Future Ready’ Employees: Rana Kapoor

By Tricitynews
Chandigarh 27th July:- Rana Kapoor, MD and CEO, YES Bank said that throughout the course of history, disruptions in technology and socio-economic patterns have presented opportunities to the one who has been best prepared to take advantage of it. The current era of disruption marked by rapid advancements in computing power (automation, AI and IoT) is a defining opportunity of our times. Like all other disruptions, the threat perception is high especially in terms of potential loss of jobs as the transformation transpires in the economic sectors and now impacts our daily lives.
To make sense of this opportunity, new age corporations need to chart out an approach to cope with constant changes, enormous expectations and an unpredictable future. Most of the time they will have to re-orient and re-calibrate their approach to ‘learning’ for developing a ‘Future Ready Workforce’, which has the capability and confidence to meet future needs. Organizations need to shift the dial from awareness to actualization, by deploying ‘learning & development’ solutions to equip employees with ‘future ready skills’ pertaining to emerging technologies and develop enhanced capabilities for driving busi­ness results in this new world.
Visualizing the Future: It is easier to plan and execute if the future is reasonably predictable. However, the exponentially increasing scope of AI and robotics is making it difficult to understand the scope of re-training or re-skilling. Thus the re-training schedule will have to deliver an on-demand, need based, seamless and personalized learning experience. While lifelong learning has become cliché in HR circles, there is a need to break the psychological barrier and enable the trend of re-skilling in mid-life professionals and entrepreneurs. This is not only to add value to the same job, but sometimes even re-skill completely to shift focus to different areas during the 40s and 50s. Fortunately, we are seeing progressive corporations in our own country spend time and resources to re-skill employees in futuristic technologies.

Host Sumeet Raghavan’s Parents Are His Gurus

By Tricitynews
Chandigarh 27th July:- Ever since Sony SAB’s India Ke Mast Kalandar went on-air, viewers have been showering their unceasing love on the show. With his wit and impeccable comic timing, host Sumeet Raghavan has been weaving this stellar show together, along with his co-host Rajiv Thakur.
‘India Ke Mast Kalandar’, judged by the graceful Geeta Kapur, along with the entertainment icon, Mika Singh has contestants from the length and breadth of the country coming together on a common platform, not only to reveal their unique talents but to also showcase stories of hardships faced by them and the strength to stand against all odds, unperturbed.
Sumeet Raghavan said that for him, his parents are his gurus. Without actually telling him what to do and what not to, they have, solely with their behavior and their way of leading their lives, taught his brother and him a lot. Each parent wants their ward to be an honest, disciplined, law abiding citizen who values, respects and treats each and every individual without any prejudice or malice. His parents have always taught us to be humble and true. He is learning how to be cool and calm and never lose his temper. It is not about acquiring knowledge, wealth, name and fame. Finally, everything boils down to how you are as a person. He is really grateful to have such parents.

AECC Global Holds Australian Education Fair

By Tricitynews
Chandigarh 27th July:- AECC Global today organized Australian Education Fair at Hotel J W Marriot, Chandigarh. 10 Top Government colleges and universities took part in this fair. This information was given by the Kanchan Arora, Business Head Punjab, AECC Global.
While giving more information about the event Kanchan Arora, Business Head-Punjab said that the Representatives of almost 20 Top Government Colleges and Universities from Australia took part in this education fair. She informed that Representatives of Deakin University, Federation University, Jamescook University, UTAS, ECU, Charles Sturt University, Swinburne University, University of Canberra, University of South Australia, Western Sydney University, University of Wollongong, Navitas were available to answered all the queries of the students like fee structure, course guidelines accommodation, travel, foreign exchange, visa, work during and after studies, financial issues and total processing time. On this occasion students had availed the opportunity to meet all these universities on the same day. On Spot assessment for students who were carrying academic and / or work experience documents.
She added further that eligible Candidates also applied for the scholarship. No application fees and No processing fee were charged either from the parents or from the students. Complete process has been taken care by industry specialist, AECC Certified Counsellors.