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Rajasthan Government Appoints Utkal Ranjan Sahoo as New Director General of Police

New Delhi: In a recent official statement released on February 10th, the Rajasthan government has named senior IPS officer Utkal Ranjan Sahoo as the state’s latest Director General of Police (DGP). Sahoo, a seasoned IPS officer from the 1988 batch, will serve a two-year term or until further notice.

Following the retirement of former DGP Umesh Mishra in December 2023, Officer Sahoo has stepped up to take on the mantle. Originating from Odisha, Sahoo ascended to the rank of DG in June 2020 after a stint as DG Home Guard for approximately 2.5 years.

Sahoo’s credentials for the DGP role were underscored by his adept organization of the conference of Director Generals and Inspector Generals in Jaipur. The event saw the presence of Prime Minister Narendra Modi and Union Home Minister Amit Shah.

Tags: Governance

Schneider Electric India appoints Preeti Gupta Mohanty as CFO

New Delhi: Schneider Electric India has recently appointed Preeti Gupta Mohanty as its Group CFO, her official title will be Vice President – Greater India Finance. With over two decades of finance expertise spanning FMCG, consulting, and industrial sectors, Preeti comes well-prepared for her new role. Prior to this appointment, she served as the Region Vice President – Finance at Ingersoll Rand, a multinational corporation renowned for its innovative technologies in air, fluid, energy, and medical domains.

During her 12-year tenure at GlaxoSmithKline Consumer, Preeti showcased her versatile skills in finance and strategic leadership. Notably, she played a pivotal role in integrating Novartis consumer business into GSK as the Internal Audit Head, demonstrating her adeptness in fostering organizational growth and efficiency.

Preeti’s financial journey commenced at Deloitte, where she laid the groundwork for her career before joining Coca-Cola India as the Region Finance Manager.

Tags: BFSI

Fifty-Five Bihar Cadre IAS Officers Elevated to Junior Administrative Grade

New Delhi: In a significant development within Bihar’s administrative echelons, fifty-five officers from the Bihar cadre of the Indian Administrative Service (IAS) have been elevated to the Junior Administrative Grade, entitling them to the prestigious Additional Secretary Level Pay Scale.

The promotion, spanning across officers from the 2011 and 2014 batches, marks a milestone in their careers, signifying their dedication and service to the state. Among those promoted, Anil Kumar Jha’s elevation is set to be effective from February 15, 2023, while Naresh Jha’s promotion took effect from December 14, 2023. The remaining fifty-three bureaucrats were elevated as of December 13, 2023.

Highlighting the diversity and talent within the cadre, officers from various batches have been recognized for their exemplary service. Notable among those promoted from the 2011 batch include Sushil Kumar, Kishori Chaudhary, Purshottam Paswan, Ujjwal Kumar Singh, Vinay Kumar Rao, Ranjani Kant, Sanjay Kumar, Shashank Shekhar Sinha, Mukesh Kumar Sinha, Nirmal Kumar, Shiv Kumar Shaiva, Birendra Paswan, Arvind Mandal, Anil Chaudhary, Vishwanath Chaidhary, and Brajesh Kumar.

Similarly, officers from subsequent batches, such as Arun Kumar Singh, Vibhuti Ranjan Chaudhary, Anil Kumar Jha, Naveen, Jay Prakash Singh, Alok Kumar, Mohammad Maqsood Alam, Animesh Pandey, Satya Prakash Sharma, Upendra Prasad, Arunabh Chandra Verma, Geeta Singh, Arun Kumar Jha, Nand Kishor Shah, Nishith Verma, Sudhanshu Kumar Singh, Sanjeev Kumar Sinha, Naveen Kumar Singh, Kamlesh Kumar Singh, Rajiv Kumar Shrivastav, Dr. Vidya Nandan Singh, Shailendra Kumar, Satyendra Kumar Singh, Sunil Kumar, Pavan Kumar Sinha, Mahavir Prasad Verma, Manoj Kumar, Ibrar Alam, and Anjula Prasad, have been acknowledged for their contributions.

From the 2014 batch, officers including Sanjay Kumar, Sangeeta Singh, Anil Kumar Thakur, Mukesh Kumar, Gautam Paswan, Ranjit Kumar, Kalpana Kumari, and Praveen Kumar have been granted the well-deserved promotion.

This elevation not only recognizes the dedication and hard work of these officers but also underscores the commitment of the Bihar government to fostering a capable and efficient administrative machinery. It is expected that with their newfound responsibilities, these officers will continue to serve the state and its people with diligence and integrity, contributing to Bihar’s progress and development.

Tags: Governance

Direct Tax Revenue Reaches 80.23% of Revised Estimates for FY 2023-24 by February 2024

New Delhi: The latest figures indicate a consistent increase in provisional Direct Tax collections, with gross collections reaching Rs. 18.38 lakh crore, marking a 17.30% rise from the same period last year. Net of refunds, Direct Tax collections stand at Rs. 15.60 lakh crore, representing a 20.25% increase from last year. These collections amount to 80.23% of the total Revised Estimates for Direct Taxes for the fiscal year 2023-24.

Both Corporate Income Tax (CIT) and Personal Income Tax (PIT) revenues exhibit stable growth, with CIT growing at 9.16% and PIT at 25.67% (PIT alone) or 25.93% (including Securities Transaction Tax). Adjusted for refunds, CIT collections show a net growth of 13.57%, while PIT collections show a net growth of 26.91% (PIT alone) or 27.17% (including STT).

Refunds totaling Rs. 2.77 lakh crore have been issued between April 1, 2023, and February 10, 2024.

Tags: BFSI

Dharmendra Pradhan Launches 100 Cube Start-up Conclave at IIT Bhubaneswar

New Delhi: Dharmendra Pradhan, Union Minister of Education and Skill Development & Entrepreneurship, inaugurated the two-day 100 Cube Start-up Conclave at IIT Bhubaneswar’s Research and Entrepreneurship Park (REP). The event saw the presence of key figures, including Shri Sanjay K. Murthy, Shri Sanjay Kumar, Prof. Shreepad Karmalkar, Dr. Rajendra Prasad Singh, foreign government representatives, industry delegates, academia, start-ups, students, and other prominent business leaders.

During his address, Pradhan highlighted the significance of the Research & Entrepreneurship Park, marking it as a milestone for Odisha. He likened the initiative to the Konark temple, expressing that it would serve as a contemporary symbol encouraging youth to dream big, innovate, and create value.

Pradhan credited Prime Minister Narendra Modi’s youth-oriented initiatives, ensuring a golden age for the younger generation. He expressed gratitude to corporates and investors supporting the initiative, urging them to guide and mentor the youth. Emphasizing the importance of providing an enabling ecosystem, Pradhan stressed the need for a society-wide approach.

Highlighting the innovative spirit ingrained in Odia society, Pradhan envisioned initiatives like 100 Cube Odisha unlocking the untapped potential of youth, fostering solution-driven innovation and a start-up revolution. He emphasized collaboration between youth, faculty, and industry as the driving force behind this initiative, inviting all to leave a legacy of innovation.

The Minister inaugurated a new auditorium, digitally laid foundation stones for infrastructure projects, and witnessed the exchange of MoUs between 16 startups and REP. Four startups incubated at IIT Bhubaneswar received grant cheques from Oil India Ltd. An exhibition showcasing startup products was visited by dignitaries before the Conclave’s inauguration.

The REP’s current focus areas include Health & BioTech, Battery/EV/ClimateTech, Artificial Intelligence, SpaceTech, Drones, UAVs, Semi-conductors, and Enterprise Software.

Tags: Startup

Top 5 ways CMOs can drive business growth for CEOs through customer centricity

New Delhi: CMOs can significantly contribute to business growth by prioritizing customer-centric strategies. This involves establishing direct channels for customer insights, engaging with industry analysts, accelerating revenue through innovative sales approaches, maximizing post-sales value, and fostering brand advocacy within communities. These efforts ultimately drive profitability and market credibility.

Setup Dedicated Customer Advisory Board

To cultivate a customer-centric culture even more , CMOs should explore establishing a dedicated customer advisory board, which can harness the collective knowledge and perspectives of highly valued customers. By actively engaging this board, CMOs can enhance their decision-making process, formulate marketing strategies grounded in direct customer insights, validate their market approaches, foster co-creation opportunities, and encourage brand advocacy. The input provided by customers holds immense value for CXOs, making it an invaluable asset for driving long-term success.

Engage Industry Analysts alongside Business Leadership

It is essential for every CMO to actively engage with analyst firms, maximising the potential of analyst relationships. Regular networking with analysts is crucial, considering they have access to insights from your competitors, customers, and even your competitors’ customers. By effectively influencing and building relationships with analysts, CMOs can ensure they remain at the forefront of their minds, maintaining a strong presence in their discussions and recommendations.CMOs must seek a seat with Analyst firms to their benefit.

Drive Sales Velocity by Empowering Sales to Accelerate Deal Cycles Instead of Only Filling the Funnel

 Rather than solely focusing on demand generation for the organisation, marketing should prioritise accelerating the sales deal cycles. By actively working towards expediting the booking and closure of deals, marketing directly impacts the organisation’s cash flows. To achieve this, marketing needs to think innovatively and explore strategies that can influence the closure of opportunities, ultimately driving more efficient and timely revenue generation for the business

Maximize Cross-Selling and Up-Selling Potential by Empowering Customer Service Collaboration for Post-Sales Value

In today’s fiercely competitive landscape, the significance of increasing customer lifetime value surpasses the constant pursuit of acquiring new customers. Marketing teams should actively seek to gain more control over the customer journey after the sale, as this presents an opportunity to influence cross-selling and upselling to existing customers. By focusing on post-sales activities and fostering strong relationships with customers, marketing can maximize the potential value derived from each customer, ultimately driving long-term profitability for the organisation.

Create brand champions through community based marketing strategies

CMOs must harness the power of community-based marketing strategies to cultivate brand champions who are passionate advocates for your brand. By building strong connections within communities, fostering engagement, and providing valuable content, they can empower loyal customers to become influential brand ambassadors. These brand champions will not only spread positive word-of-mouth but also drive organic growth, expanding  brand’s reach and credibility in the market. Through community-based marketing, a brand can thrive by leveraging the collective power and enthusiasm of its most dedicated supporters.

 

Disclaimer: The views expressed in this article are solely those of the author and do not necessarily reflect the opinions or policies of ObserveNow Media. The author is solely responsible for ensuring the accuracy, completeness, and validity of the information presented, encouraging readers to independently verify and seek professional advice if needed.

Tags: Trending

Binay Bhushan, IAS appointed as Secretary, Finance Commission

New Delhi: A recent announcement from the Delhi government indicates that Binay Bhushan, an IAS officer belonging to the AGMUT cadre since 2009, has been reassigned to a new role. Specifically, he has been transferred to serve as Secretary in the Finance Commission, responsible for overseeing the fiscal matters of several Union Territories. These territories include the Andaman & Nicobar Islands, Dadra & Nagar Haveli, Daman & Diu, and Lakshadweep.

Binay Bhushan, who has served in various capacities within the Government is now poised to bring his expertise to a broader administrative landscape. 

His appointment to the Finance Commission signifies a significant shift in his responsibilities, moving from the regional focus of Delhi to the broader scope of managing finances across multiple Union Territories.

Tags: Governance

RBI Introduces Offline Transactions and Programmability to Boost E-Rupee Adoption

New Delhi: The Reserve Bank of India (RBI) has unveiled plans to enhance the usage of its central bank digital currency (CBDC), known as the e-rupee, by introducing new features.

The RBI’s latest proposal includes enabling digital rupee transactions even in offline scenarios, along with the introduction of programmability. These enhancements aim to provide retail users with innovative ways to utilize the e-rupee effectively.

These features will be rolled out gradually through pilot programs. The e-rupee, designed as a digital substitute for physical cash, leverages distributed ledger technology.

The introduction of programmability will empower government agencies to ensure payments are directed towards specified benefits, while also enabling companies to manage expenses such as employee business travel more efficiently.

Furthermore, the RBI is considering additional features such as a validity period and geographical restrictions for the e-rupee, as well as offline solutions tailored for remote and hilly regions with limited internet connectivity.

Earlier reports from Reuters indicated that the RBI was collaborating with banks to enhance the e-rupee’s popularity by incorporating additional functionalities. In December, Indian banks facilitated the disbursement of certain employee benefits using the digital rupee, contributing to the RBI’s objective of achieving one million daily transactions by the end of 2023.

Tags: BFSI

Harshad Patel appointed new vice-chancellor of Mahatma Gandhi-founded Gujarat Vidyapith

Ahmedabad: Educationist Harshad Patel has been appointed as the new vice-chancellor of Gujarat Vidyapith, the state government said Wednesday.

Gujarat Vidyapith Chancellor and Gujarat Governor Acharya Devvrat appointed Patel, the vice-chancellor of Gandhinagar-based Indian Institute of Teacher Education (IITE), as the new V-C of the institution that was founded by Mahatma Gandhi.

His name was shortlisted out of three candidates recommended for the post, the government said in a statement. He was earlier the media convenor of Gujarat BJP.

This story has been sourced from PTI.

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IGNOU Regional Centre, Jammu gets its own campus

Jammu: Twenty-six years after starting its operations in Jammu and Kashmir, IGNOU now has its own campus here in Jammu.

Union Education Minister Dharmendra Pradhan virtually inaugurated the state-of-the-art campus building of the Indira Gandhi National Open University (IGNOU) Regional Centre, Jammu spread over a two acre-plot at Bantalab in the outskirts of the city on Wednesday.

Having a built-up area of around 6,800 square feet, the new campus building has a high-tech electric, electronic, CCTV, solar, intercom, electronic private automatic branch exchange (EPABX) and fire alarm, said Jai Prakash Verma, Regional Director, IGNOU Regional Centre, Jammu.

 

This story has been sourced from PTI.

Tags: Education

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