Saturday, July 24, 2021

PHD Family Welfare Foundation boosts health infrastructure to counter plausible 3 rd wave of Covid-19 with the installation of oxygen generation plant at TRSCH, New Delhi

 The installation of 20M3 PSA oxygen generation plant is aimed at providing a fillip to the

health infrastructure to contain the spread of Covid-19 in the third wave

 This is the second such oxygen generation plant being installed in and around Delhi-NCR

Delhi had witnessed grave shortage of medical grade oxygen during the peak of second wave of

the pandemic in April and May 2021. The Delhi High Court had, in fact, directed hospitals to set

up their own oxygen plants in June 2021, while taking a cue from the bitter experience earlier.

Data estimated using the World Health Organisation (WHO) figures for new reported Covid-19

cases suggest that India would have to remain prepared toward off any eventuality in future.

Driven by self-motivation and a social responsibility towards the nation, PHD Family Welfare

Foundation (PHDFWF), the social arm of PHD Chamber of Commerce and Industry

(PHDCCI), has been instrumental in providing a platform for proactively channelizing the

efforts of India Inc. in this regard. As a measure to counter the possible third wave of the

pandemic, PHDCCI has taken up the cudgel to inaugurate a second oxygen generation plant at

Tirath Ram Shah Charitable Hospital (TRSCH), New Delhi on July 23, 2021.

Earlier, PHDCCI had successfully set up an oxygen generation plant at Medicheck Hospital at

Faridabad, Haryana, which is fully-operational and can cater to any eventuality.

Shri Faggan Singh Kulaste, Minister of State in the Ministry of Steel and Rural Development,

Mr. Sanjay Aggarwal, President, PHDCCI, Mr Vijay Bhushan, Chair— Capital Market

Committee, PHDCCI and Mr. Saurabh Sanyal, Secretary-General, PHDCCI, were among the

dignitaries present on the occasion.

Oriflame-Sweden has been the largest contributor in the Oxygen generation plants, they have

already contributed Rs 64 Lakhs and additional funds, from Sweden are expected any time now.

Mr. Vijay Bhushan, Chair, Capital & Commodity Market Committee, PHDCCI, has worked

tirelessly for contributing towards enhancing the health infrastructure facilities, along with

oxygen plant donation, in Tirath Ram Shah Charitable Hospital (TRSCH), New Delhi. This

initiative will help to combat the third wave and be better prepared if the need for oxygen arises

once again.

Speaking on the occasion, Shri Faggan Singh Kulaste, Minister of State in the Ministry of Steel

and Rural Development, said, “We are leaving no stone unturned ahead of the possibility of the

third wave of Covid-19. The Government has been initiating several measures to augment the

production and supply of oxygen availability in the hospitals. The initiative under taken to install

oxygen generation plant will help in providing a critical impetus to the efforts of MoHFW and

catalyzing health systems activities for pandemic management.” As a responsible apex body,

PHDCCI has been taking the lead in propagating the idea of remaining prepared in terms of

capacity and quality in health care infrastructure to meet the challenges posed by any health

crisis in the future.

Speaking on the initiative, Mr. Sanjay Aggarwal, President, PHDCCI, said, “The country had

faced an acute shortage of oxygen in the second wave and hospitals across the country were

struggling to keep the supply going as the demand was huge due to the tremendous rise in

caseloads. It, therefore, becomes imperative for us to remain better prepared to face such a

health crisis in the future. We are undertaking every initiative to extend support in whatever way

possible directed towards enhancing the capacity and quality of the country’s health

infrastructure. We remain committed to the nations cause. With the constant support of our

members, we have successfully installed the 2 nd 20 M3 PSA oxygen generation plant and, we will

continue to stand with the government in making India Self-Reliant in the future endeavors."

Elaborating on his experience, Mr. Vijay Bhushan, Chair, Capital & Commodity Market

Committee, PHDCCI, said, “For me, this marks a successful culmination of my resolve of setting

up an oxygen plant at TRSCH, where I was admitted as a Covid-19 patient on April 20, 2021. I

have had the first-hand experience of facing the exasperation of oxygen shortage in the hospital

at that time. Consequently, I resolved that when I get well, it would be my mission to get an

oxygen plant installed at TRSCH so that precious human lives could be saved. I am obliged to

Shri Sanjay Aggarwal that he accepted my request. Simultaneously, I appealed to members of

our Capital Market Committee to donate funds for this noble cause. Shri Rajeev Garg, Regional

Head of BSE took my request to Shri Ashish Kumar Chauhan, CEO & MD of BSE and conveyed

my request to CSR Committee of BSE. Similarly, Shri Ashok Agarwal, Chairman of Globe

Capital Markets committed to the cause through donation. I remain thankful to each individual

who helped me in fulfilling my resolve today.”

Mr. Frederic Widell, VP, Head of South Asia & MD India, Oriflame from their head office in

New Delhi, informed PHDCCI, "Our Swedish nature has always played an important role for us

since the very beginning we have always considered the combination of nature and science to be

an important part of how we do things to offer the very best to people; this is what we've built

our reputation on. People, Culture and Safety has been the prime importance as a company

philosophy, therefore during these unprecedented pandemic times we at Oriflame and the Af

Jochnick Foundation have partnered with the PHD Chamber of Commerce here in India for

donating 2 Oxygen Generation Plants. This is our support, gesture and intent to fight against the

Covid-19 pandemic for the safety of our people."

Sharing his thoughts, Mr. Saurabh Sanyal, Secretary-General, PHDCCI said, “The second

wave had posed a challenge that was humongous for any country. Now that speculations are rife

about a possible third wave, the only thing we know is that we should be prepared for it.

PHDCCI is taking every initiative to stop the spread of the novel coronavirus in the likelihood of

a third wave in the country. It is also appealed to the general public to cooperate and ensure

strict adherence to Covid-Appropriate Behaviour (CAB) introduced by MoHFW. We will

continue to undertake more such initiatives directed towards boosting the health infrastructure

in the country.”

PHDCCI is providing its whole-hearted support and remains committed to providing continuous

policy advocacy to facilitate the right decision-making and introduce industry best practices.

Symphony Limited Consolidated PAT ₹ 6 Cr. in Q1 FY 2021-22

 Financial Highlights:


(₹ Crores)




Quarter ended June 2021

Quarter ended June 2020

Quarter ended June 2021

Quarter ended June 2020






Net Profit





EPS (₹) (on face value of ₹ 2 each)






Standalone sales is ₹ 104 cr. for Q1 21-22 vs. ₹ 40 cr. in Q1 20-21. Standalone PAT is ₹ 7 cr. for Q1 21-22 vs. ₹ 1 cr. in Q1 20-21.

Consolidated sales is ₹ 229 cr. in Q1 21-22 from ₹ 154 cr. in Q1 20-21. Consolidated PAT is ₹ 6 cr. for Q1 21-22 vs. ₹ 2 cr. in Q1 20-21.

However, the performance is substantially lower than the normal quarter due to restrictions imposed by Government on account of second wave of Covid-19 mainly in India and Australia which again struck in peak of summer.

Mumbai: July 23, 2021: Mr. Nrupesh Shah, Executive Director of Symphony Ltd. has commented:


  • The demand and sentiments were quite buoyant until middle of April 2021. However, the second wave of the Covid-19 has impacted the sales for the quarter.



Having a premium brand with various path breaking models for household, commercial and industrial needs and being a market leader, we are quite optimistic for a growth and performance in medium to long term period that remains intact.



A world leader in evaporative air coolers, Symphony focuses on innovative design to create better and eco-friendly products for domestic, commercial and industrial customers in 60 countries across the globe. At Symphony, design-driven innovation and green engineering is a sustainable competitive advantage. Company delivers market-leading products with engineering and design innovation, improved energy conservation, distinctive styling and customer-centric design.


Established in 1988, Symphony leverages a unique and successful asset-light business model for its residential coolers in India and in-house lean manufacturing for its industrial coolers in Mexico to achieve sustainable and profitable growth.


Headquartered in Ahmedabad, Gujarat, India, Symphony is a global company committed to develop sustainable and responsible products. This means leading the air-cooling industry's efforts to develop breakthrough green technologies to combat climate change. A publicly traded company in India having subsidiary companies in Mexico, China, Australia, USA and Brazil offering products in over 60 countries, Symphony continuously delivers value to its stakeholders in a profitable and predictable way. For the Three Months ended June 2021, Symphony posted on standalone basis net profit of ₹ 7 crore on net sales of ₹ 104 crore.

TiE Food Network conducted one-of-a-kind Sensory workshop on all about food; Living the life of a Sommelier

Flavoring Workshop conducted in association with TagTaste

Mumbai, July 24, 2021: TiE Mumbai recently conducted a unique, entertaining and educative Sensory workshop for its members on the Concepts of Sensory Evaluation and Live food Tasting. Taste is oral, while flavor is multi-sensory, this 3-hour session focused on the appreciation and recognition of food with regards to its appearance, aroma, texture, taste and sound.

“As children, we learn the names of all sorts of shapes, colors, and sounds. But when it comes to the way things smell or taste, the only language we ever hear is qualitative — good and bad, yummy and yucky, delicious and disgusting. Once you start trying, you notice how difficult it is to assign language to taste and smell; training is a prerequisite. Our services were so far limited to food companies and restaurants; we are pleased to be extending our services to consumers and are making our debut with the TiE Mumbai community.” said Jaspal Sabharwal, Co-founder & CEO, TagTaste.

“I think the last decade has seen new age food companies concentrating on tech enablers in the food business rather than the food itself and thus we've seen some great brands giving food with above average taste. The difference between great and good food businesses is going to be great scalable GLOCAL products coupled with robust marketing and tight operations. For the foodpreneurs, the FLAVORing workshop could be a good starting point to a multi-sensory food journey that they should take their consumers through.” said Sanket S, Chief Collaborator-Wolume up and Lead, TiE Food Network.

“This workshop lends well into our capacity building agenda for the ecosystem. This flavor workshop by TagTaste is a small step into equipping and making future Food Entrepreneurs who can go on to build great businesses and thereby a robust Industry. TiE Mumbai constantly endeavors to bring innovative sessions to add value and create a unique experience for its members”. said Naveen Raju, Executive Director, TiE Mumbai.

The Workshop aimed to help in rediscovering our senses and finding the connection and reasons behind why we like or dislike certain things. It also enabled participants to Learn the language of describing food. (A little more than just good, bad, tasty, yucky.) and appreciating food that we eat, hence moving towards mindful eating. It also helped augment appreciation and consciousness of our taste buds and the fact that each one has been blessed with some unique genes that helps one experience food the way we do. It also taught participants a Smarter way to eat.


The workshop also gave a peek into the 6th taste recently discovered - KOKUMI. No tastings notes were taken on the paper, instead, a structured questionnaire based on the concepts learned were accessed on the TagTaste app. Tasters answered the questionnaire on the app and the data thus collected from all the tasters instantly formed a sensogram. The workshop ended with a detailed discussion on Sensogram for the product tasted. Participants received a certificate on completion of the workshop. Most ingredients for this workshop were easily available at home making it an enjoyable activity for the entire family.


About TiE Mumbai

The Indus Entrepreneurs (TiE), was founded in 1992 in Silicon Valley by a group of successful entrepreneurs, corporate executives, and senior professionals with roots in the Indus region. Since 1992. TiE has been supporting entrepreneurs by offering education, mentorship, networking and funding opportunities. The mission of TiE is to foster entrepreneurship globally through the 5 pillars of TiE : mentoring, networking and education, funding and incubation. Dedicated to the virtuous cycle of wealth creation and giving back to the community. TiE’s focus area is to generate enable the next generation of entrepreneurs. There are currently 11,000 members, including over 2,500 charter members in 60 chapters across 17 countries. TiE’s mission is to foster entrepreneurship globally through mentoring, networking, and education. Dedicated to the virtuous cycle of wealth creation and giving back to the community, TiE’s focus is on generating and nurturing our next generation of entrepreneurs.


Media Contact

Jacqueline Patel


Friday, July 23, 2021

Capri Global Capital Ltd appoints Mr. Rahul Agarwal as Chief Technology Officer

Capri Global Capital Ltd (CGCL), a diversified NBFC, has appointed Mr. Rahul Agarwal as Chief Technology Officer (CTO). The appointment has come into effect from July 16, 2021.

In his new role, Mr. Agarwal would head the technology vertical and will take up the responsibility of all technology functions across the company. He is entrusted with the responsibility of driving digital transformation initiatives, deploying technology interfaces to enable tailor-made services as well as incubating strategic IT solutions for CGCL product categories.

Speaking about the appointment, Mr. Rajesh Sharma, Managing Director, Capri Global Capital Ltd. said, “CGCL is geared to accelerate its digital transformation by bringing the necessary domain expertise and high-velocity implementation. The transformation needs re-engineering of business models that not only embraces newer technologies and platforms but integrate them into existing business processes to deliver the best-in-class services. We are delighted to onboard Mr. Agarwal with multi-disciplinary expertise as our CTO. He will play a pivotal role in re-defining CGCL’s technology vision and product roadmap that will be a key pillar of the organization's expansion journey in the coming year."

Mr. Agarwal is a technology leader with more than 17 years of experience in building products, platforms, services, and leading teams across diverse industry sectors. Before joining CGCL, he has served as Group CTO at Aakash Educational Services and CTO for as well as Lava International in his career stint respectively. He has experience across business – tech integration, product/technology ownership, system design/architecture, business solution design & building highly scalable systems. He has a deep understanding of AWS infrastructure and big data processing and analytics systems.

An alumnus of the Indian Institute of Technology, Delhi, Mr. Agarwal has also worked with, Tyroo Media Pvt Ltd, Clickable, Vritii InfoCom, Tribal Fusion & Tavant Technologies at various key positions.

Pepper Content signs up 200 Flexi seats at Smartworks in Mumbai

Savills India facilitated the deal through its new listing platform Workthere


Mumbai July 23, 2021: Pepper Content, a content marketplace platform, which recently raised $4.2 million funding from Lightspeed India Partners and other marquee angels, has taken up a tailor-made 200 seater managed workspace from Flexi space provider Smartworks in Mumbai. The transaction was facilitated by international real estate advisory firm Savills India through its new coworking space listing platform (


Located in the Times Square building in Andheri East in Mumbai, the new workspace is being set up as Pepper Content’s India headquarter. Founded in 2017 by Anirudh Singla and Rishabh Shekhar, the Mumbai-based start-up currently has seen over 45,000 content creators apply to their platform and worked on more than 1,50,000 assignments. They recently launched as well, an AI (artificial intelligence) assisted content creation platform launched by Pepper Content. It has over 20,000 users and 90% of them are based out of USA. They are on a stellar growth trajectory, and this workplace gives them ample opportunity to expand and modulate the space as per their needs.


Anirudh Singla, Founder & CEO, Pepper Content said, “That although remote work has its benefits, bringing an early stage team back in office has a kind of energy that is unmatched. We are seeing 2x productivity and having 10x the fun working from the same office space. The office has been developed extremely well and we are very happy as to how the final product looks like!”


Flexible workspaces have gained strong traction among corporate occupiers in India in the last few years, witnessing a growth of 28% over the last five years. As per Savills India’s report, leasing by co-working providers is expected to increase by 42% to 4.9 million in 2021, contributing around 10% to the overall office leasing in 2021 and 2022. To capture this growing demand, Savills launched its global online listing platform for flexible, co-working and managed office spaces in India last year. The platform currently has a listing from over 40 brands with over 70,000 seats spanning six cities, including Delhi NCR, Mumbai, Pune, Chennai, Bengaluru and Hyderabad.


Commenting on the deal, Neetish Sarda, Founder- Smartworks said: “We are delighted to onboard Pepper Content in our largest facility in Mumbai- Times Square. Our thoughtfully designed digitally-enabled managed workspaces offer our members agility and seamless scalability in these challenging times along with an array of value-added services.” 


Smartworks caters to enterprises and high-growth startups by offering inspiring collaborative and hassle-free managed office spaces. In the last five years of its operations, Smartworks has spread across 31 locations in nine cities with over 65000 seats in India.  


Naveen Nandwani, Managing Director, Commercial Advisory & Transactions, Savills India said, “We are delighted to have successfully facilitated this major coworking deal in less than 2 month of launch of our Workthere platform. With most companies looking to build more agility in the wake of the pandemic, flexi and managed office spaces are perfectly fitting into new office requirements in India. Through our deep sectoral knowledge and on-ground specialized professionals, we hope to help more enterprises in realizing their expansion and growth plans.”


About Savills India

Savills India is a group company of Savills Plc. and is a premier professional international property consulting firm. With full-service oces in Bengaluru, Mumbai, Delhi NCR, Chennai, Pune, and Hyderabad, the firm serves Occupiers, Investors, and Developers of Real Estate. Savills India provides services across office leasing, project management, capital markets, valuations, research, consulting, industrial and logistics, and residential services. Starting in India in 2016, the company employs over 350 professionals.


About Smartworks


Smartworks is India's largest provider of agile workspaces, with a footprint of over 4 million sq. ft. across 31 locations in 9 cities (Delhi-NCR, Kolkata, Bengaluru, Mumbai, Hyderabad, Chennai and Pune), catering to more than 400 organisations across large enterprises, SMEs and established startups. Founded in April 2016, Smartworks is redefining the Indian office experience by focusing on design, hospitality, technology and customer delight. Smartworks is also the only Indian agile workspace provider to have become profitable in India. Central to this ambition is the company's motto, 'Workspaces that work for you, with the vision of creating the perfect environment by just not building communities and ensuring their member employees are productive in the workplace. For more information, log in to





Pedro Almodovar’s short film based upon the play of the same name by Jean Cocteau, featuring Tilda Swinton in the lead. A woman watches time passing next to the suitcases of her ex-lover (who is supposed to come pick them up, but never arrives) and a restless dog who doesn't understand that his master has abandoned him. Two living beings facing abandonment.


The Human Voice — August 1




Directed by Sean Baker (The Florida Project),  Tangerine premiered at the 2015 Sundance Film Festival and received critical acclaim for its screenplay, direction, performances and portrayal of transgender individuals. Shot entirely on iPhone, Tangerine follows the story of Sin-Dee, a transgender sex worker.


It's Christmas Eve in Tinseltown and Sin-Dee is back on the block. Upon hearing that her pimp boyfriend hasn't been faithful during the 28 days she was locked up, the working girl and her best friend, Alexandra, embark on a mission to get to the bottom of the scandalous rumor. Their rip-roaring odyssey leads them through various subcultures of Los Angeles, including an Armenian family dealing with their own repercussions of infidelity.


Tangerine - August 26




An appetizing documentary in every sense, Jiro Dreams of Sushi follows 85-year-old master sushi chef Jiro Ono, owner of the esteemed 10-seat, $300-a-plate Sukiyabashi Jiro restaurant in Tokyo. From the ins and outs of the tuna auction to the proper way to massage an octopus, director David Gelb dynamically profiles all aspects of the craft in mouthwatering style and detail, paying lushly photographed homage to the process of preparing the artisan sushi that earned Jiro an elite three Michelin stars.


Beyond its cinematic celebration of the art of sushi, Jiro is also a film fundamentally about family, tradition, and the value of hard work. The complicated relationship between the master and Yoshikazu, his son and heir apparent, is a story of legacy, succession, and intergenerational tension—universal themes that transcend the specificity of their epicurean world. This emotionally resonant study of a son living in his father's shadow is couched in an operatic spectacle of some of the world's preeminent chefs at work.


Jiro Dreams Of Sushi  - August 19




Don Palathara’s recent feature which premiered at the International Film Festival Rotterdam 2021.

The film tells the story of A Malayalam-speaking filmmaker called Chris sets out for Kolkata to shoot a documentary in reaction to Louis Malle’s 1969 Calcutta. Despite being Indian, he’s as much a stranger to the city as Malle was. Shortly after starting to shoot the film, Covid-19 hits the world, forcing him into quarantine. Instead of facing Kolkata, Chris is now faced with the relationship with his wife who accompanied him, with both not expecting to see that much of each other. Instead of looking outwards, he’s now looking inwards.


Everything Is Cinema - August 21

Spotlight on Don Palathara


We are thrilled to present the works of an upcoming filmmaker, a brilliant new voice from Kerala - Don Palathara.


Don PALATHARA (1986, India) grew up in the state of Kerala, before moving to Sydney. Here, he received a diploma from the Academy of Film, Theatre and Television. After directing several shorts, he made his feature film debut Shavam in 2015.  His next film Vith (2017) was financed through crowdfunding. Palathara’s third feature film 1956, Central Travancore premiered at the Moscow International Film Festival. This black & white poetic feature will be premiering exclusively on MUBI and will be opening the spotlight on the filmmaker. His recent works include Santhoshathinte Onnam Rahasyam (Joyful Misery) which was nominated for a Golden St. George at the 2021 Moscow International Film Festival and Everything Is Cinema - is his fifth feature film that had its world premiere at International Film Festival Rotterdam 2021.


Known for working on shoestring budgets and new or inexperienced actors, Palathara’s films are exquisite expositions of local Kerala culture and study on human nature. The following films will be presented as a past of this spotlight;


1956, Centra Travancore



Everything is Cinema

Santhoshathinte Onnam Rahasyam (Joyful Misery)





Ashish Avinkunthak’s debut feature which premiered at Locarno Film Festival 2007.

Shadow Formless is a film trapped between two monologues. A lonely and abandoned wife’s fantasy comes to life when the paramour she invokes springs forth and transforms her reality. This film is an interpretation of the Malayalam novella Pandavpuram by the distinguished novelist Setumadhavan from Kerala.


Shadow Formless - August 20

Minimal Invasive surgery for mitral valve in Heart

  A minimal Invasive surgery for mitral valve in heart was successfully performed on 2 patients at Wockhardt Hospital Mumbai Central.

Minimal Invasive Surgery is rarely done in Mumbai, but it is widely known to overall world.

Mumbai : A team lead by Dr. Mangesh Kohale, Cardio Thoriac Surgeon at Wockhardt Hospital, SOBO performed a minimal invasive surgery for 2 patients; 65-year-old Ms Ridhhi Shah (Name Changed) and 56-year-old Mr. Ganesh Tare (Name Changed). Minimal Invasive Surgery is a newer form of heart surgery in India. It is a relatively new and advanced technique of performing coronary bypass for the treatment of coronary heart diseases. In this technique, the heart is approached through the side of via a small 4- 6 cm incision. This cut is placed just under the nipple. The chest is entered between the ribs without cutting any bones and by splitting the muscle.

Ms. Riddhi Shah (name Changed) had a complaint of breathlessness. An 2decho was done which revealed mitral valve disease hence advised replacement treatment. Dr Mangesh Kohale and team performed minimal invasive mitral valve replacement surgery with a 6cm small incessive below right side of the chest. Whereas a 56-year-old Mr. Ganesh Tare (Name Changed) had a severe chest pain from last 2 months and critical 90% blockage of main artery. Similarly, Dr Kohale performed minimal invasive bypass surgery from left side of the chest with 6cm incision.

The number of elderly patients undergoing coronary artery bypass surgery (CABG) and valve replacement continue to increase. In both the case Dr Kohale have performed minimal invasive surgery which is new in Mumbai. Minimal Invasive surgery is not for each and every patient, one has to be very choosey while selecting the patient as there is a very small area to look inside heart and regarding job done, Selection of patient is most important. As of now 15-20% routine surgery patients can be done with minimal invasive surgery later it might increase.

Dr Mangesh Kohale, Cardio Thoriac Surgeon at Wockhardt Hospital Mumbai Central says “Minimally Invasive Cardiac Surgery has several advantages over the traditional technique such as the fact that no bones are cut. It has advantages in reducing pain, and a patient can live back to normal life including driving or other activities, blood loss is almost negligible eliminating blood transfusion in most and eliminating blood borne infection. This makes the procedure ideal in diabetics and older patients who have poor resistance to infection.”

A cardiac surgery was conventionally non-cosmetic is getting cosmetic with the incision of just 5-6 cm. All these benefits put together make for very short hospitalization and recovery. The best part is that all the blocks irrespective of their location in the heart can be bypassed in a safe and predictable manner.” Adds Dr Mangesh

Mr. Ganesh Tare Patient says, “We are happy with minimal invasive surgery. We are back to our routine life with less pain. We are thankful to Dr. Mangesh who explained us procedure and made us understand pro and cons of surgery