Partnership new audit rules

New Delhi: While the current pandemic brought forth a lot of turmoil across industries, we cannot also overlook a few positive disruptions that have also occurred in its dawn. Perhaps the most notable of these, is the repair to the earth’s environment, and a heightened focus on sustainable measures, both in the workplace as well as within our homes.As people are now returning to work post the lockdown, sustainability is quickly becoming the new priority. Considering this, real estate players and facilities managers are re-engaging with their tenants to fulfill their post-covid needs, and the office building is reimagined with sustainability as the primary focus.Today, when people across the world are becoming increasingly aware about energy efficiency and sustainability, it is extremely rare to find a modern building that doesn’t employ an efficient and reliable energy management system while also effectively maintaining and optimizing resources. So how can a proper … [Read more...] about OPINION: How sustainable facility management can be a reality in India

Frankfurt: Total SE's acquisitions of 20 per cent minority interest in AdGreen Energy Ltd (AGEL) from Adani Group for around 2.5 billion dollars is credit positive because it strengthens Total's position in the low carbon business, according to Moody's Investors Service.This includes prior acquisition of a 50 per cent stake in a 2.35 GWac portfolio of operating solar assets owned by AGEL."We consider the acquisition credit positive because it strengthens Total's position in the low carbon business, facilitating its goal to achieve carbon neutrality by 2050," said Moody's in its latest credit outlook released on Monday."Our assessment also takes into account partial equity funding of the acquisition because in this context Total is issuing hybrid notes, for which we assign a 50 per cent equity credit."AGEL is an important participant in India's renewable market. The company started in 2015 with the world's largest single-location solar power project located at Kamuthi in Tamil Nadu (648 … [Read more...] about Total’s acquisition of AGEL stake strengthens its position in low-carbon generation: Moody’s

Urbane Media, an integrated marketing agency, has bagged the digital mandate for Denver, fragrance brand of the FMCG giant Vanesa Care. As a part of this digital mandate, Urbane Media will drive Denver’s digital marketing efforts. In order to build and strengthen the brand’s digital identity, Urbane Media will focus on media buying, promotional campaigns, creating sustainable brand equity, and managing the social Media, SEO and ORM duties.Saurabh Gupta, director - marketing and sales, Vanesa Care, said, “As we partner with Urbane Media, we intend to kick off this mandate with a strong focus on social media, e-commerce, brand building, ORM and SEO."Himanshu Mehrotra, co-founder and chief strategist, Urbane Media, added, “We are thrilled with this new partnership to come on board as the digital agency for Denver. At Urbane Media we believe in the power of performance driven brand building and are committed to ensuring Denver's digital growth." … [Read more...] about Urbane Media bags digital mandate for Denver

By Lalit K Jha Washington: Google's Indian-American CEO Sundar Pichai announced on Monday that the tech giant will open up its spaces in the US to serve as mass COVID-19 vaccination sites and committed more than USD 150 million to promote vaccine education. Google is initially looking at offices' spaces inside the US, but is open to do the same in other countries as well, a company official said. "Today we're announcing that we'll be opening up Google spaces to serve as mass vaccination sites, committing more than USD 150 million to promote vaccine education and equitable distribution, and making it easier for you to find where and when to get a vaccine," Pichai announced in a blog post on Monday. "Searches for 'vaccines near me' have increased 5x since the beginning of the year and we want to make sure we're providing timely and locally relevant answers," he said. Pichai, 48, said to help with mass vaccination efforts, starting in the United States, Google will make select … [Read more...] about Google opening up its spaces in US to serve as mass COVID-19 vaccination sites: Sundar Pichai

By Julie Zhu, Yingzhi Yang and David KirtonChina's Huawei Technologies Co Ltd is in early-stage talks to sell its premium smartphone brands P and Mate, two people with direct knowledge of the matter said, a move that could see the company eventually exit from the high-end smartphone-making business.The talks between the world's largest telecommunications equipment maker and a consortium led by Shanghai government-backed investment firms have been going on for months, the people said, declining to be identified as the discussions were confidential.Huawei started to internally explore the possibility of selling the brands as early as last September, according to one of the sources. The two sources were not privy to the valuation placed on the brands by Huawei.Shipments of Mate and P Series phones were worth $39.7 billion between Q3 2019 and Q3 2020, according to consultancy IDC.However, Huawei has yet to make a final decision on the sale and the talks might not conclude successfully, … [Read more...] about China’s Huawei in talks to sell premium smartphone brands P and Mate : Sources