Mutual Funds Commodities Research Tax Planning IPO Our Team Contact Us  
Stock Report

| More

ABB India joins hands with Lila Poonawalla Foundation to build future women leaders in technology

Posted On: 2021-03-04 00:17:55 (Time Zone: Arizona, USA)

ABB India has partnered with Lila Poonawalla Foundation (LPF) on a holistic merit-cum-need based scholarship program for meritorious girls from economically challenged backgrounds, to give them an opportunity to realise their dreams in the field of technology. Through this holistic program, ABB will support the higher education and skill development for 100 girls, selected by Lila Poonawalla Foundation, every year. The selected candidates are provided the necessary support to pursue an engineering degree and develop core skills and competencies required to be future-ready, without having to worry about financial constraints.

This program covers initiatives that go beyond academics in order to equip these girls with a wellrounded experience. One such enriching initiative is the ABB Volunteering program wherein ABB employees volunteer to impart industry knowledge through well structured, pre-planned sessions with these students. Currently 600 girl students cumulatively from the program have been provided virtual training by ABB employees, for over 50 hours. Subject Matter Experts from ABB have contributed their time and experience to interact with the students, and introduce them to a range of topical subjects like Data Analytics, Cyber Security, Industry 4.0 etc.

"It is indeed a proud moment for LPF to be able to award scholarships to academically strong girl students, who hail from economically challenged backgrounds. This partnership with our valued partner, ABB, will enable these girls to pursue their BE or BTech degree in the discipline of their choice and thus realise their dreams. I am thankful to ABB for their decision to not just support our girls financially, but also engage with us holistically through Employee Volunteering to enhance their employability and corporate readiness skills," said Lila Poonawalla, Chairperson, Lila Poonawala Foundation and a recipient of Padma Shri award.

"Education and Skill enhancement has been one of the core areas for our local CSR initiatives. Our association with Lila Poonawalla Foundation for a holistic scholarship and skill building program is a small step towards enabling outstanding young girls to become the future leaders in technology and bring about a more equitable world," said Sanjeev Sharma, Country Managing Director, ABB India.

"Considering the overwhelming response we've been receiving for our ABB volunteering initiative, we are planning to scale up this initiative and develop a holistic mentorship program to enable ABB employees to mentor these girls on an ongoing basis and accelerate their learning curve," he adds.

"An engineering graduate's academic knowledge has to be complemented with desirable skills and practical knowledge that put them at a vantage point. Aspiring women leaders in technology certainly need to see more role models, and historical stereotypes being challenged. With the diverse industries that ABB serves, we have an accomplished pool of Subject Matter Experts. Through ABB's volunteering and mentorship program, these experts exchange their knowledge and experience with the scholarship recipients, hand-holding them through the journey," says Raman Kumar Singh, CHRO, ABB India.

100 shortlisted girls get to pursue their BE or B.Tech degree in the discipline of their choice. Besides the volunteering initiative, multiple interventions introduced by LPF ensure a comprehensive training and development for the scholarship recipients. At present, the scholarship program is open to engineering colleges in Pune, Wardha, Amravati District and Nagpur city from Maharashtra and from four Hyderabad districts from Telangana. Interested girls with a strong academic background can apply for the scholarship with Lila Poonawalla Foundation in the month of July every year.

With a host of such community development programs in the fields of its operations, ABB India is making concerted efforts for a more inclusive development, both within the workplace and for the larger community. Globally, ABB runs another scholarship program called Jürgen Dormann scholarship to inspire students from disadvantaged backgrounds to become future leaders in technology by breaking down barriers that prevent them from entering engineering fields.

Shares of ABB India Limited was last trading in BSE at Rs.1522.75 as compared to the previous close of Rs. 1520.1. The total number of shares traded during the day was 7699 in over 785 trades.

The stock hit an intraday high of Rs. 1546.95 and intraday low of 1511.7. The net turnover during the day was Rs. 11757411.

Source: Equity Bulls

Click here to send ur comments or to

Other Headlines:

Subex to launch new AI Automation Platform on April 22, 2021

Easy Trip Planners Ltd board declares interim dividend of Rs. 2

Firstsource Solutions Ltd board to consider Q4, FY21 results on May 11, 2021

Happiest Minds wins Times Ascent - World HRD Congress HR Excellence Awards 2021

Indian Energy Exchange commences Cross Border Electricity Trade through its platform

Caplin Steriles gets USFDA approval for Milrinone Lactate Injection

NTPC Ltd declares commercial operation of 85 MW Bilhaur Solar PV Project

G E Shipping takes delivery of a Secondhand Midsize Gas Carrier 'Jag Vikram'

Copenhagen Fintech welcomes Infosys to Elevate Fintech Innovation

Ambuja 'Kawach' recognized globally by Solar Impulse Foundation's efficient solution label

India Ratings assigns Sobha 'IND AA-'/Stable

Sarda Energy & Minerals Ltd updates on Madhya Bharat Power Corporation Ltd

Can Fin Homes Ltd board to consider dividend, Q4, FY21 results on April 30, 2021

HCL to drive end-to-end IT transformation at UD Trucks

WeP Solutions Ltd rights issue to close today

IFGL Refractories Ltd board to consider FY21 results, dividend on May 22, 2021

United Breweries Ltd board to recommend dividend, consider Q4, FY21 results on April 27, 2021

Goa Carbon Limited temporarily shuts down Goa unit for maintenance from April 17, 2021

Sonata Software Ltd board to approve Q4, FY2021 results on May 12, 2021

KPIT Technologies Ltd board to consider dividend, Q4, FY21 results on April 28, 2021

Macrotech Developers Ltd to list on April 19, 2021

KSB Ltd board to approve Q1CY21 results on April 28, 2021

INOX Leisure Limited Ratings downgraded to 'CRISIL A+/Negative/CRISIL A1'

Bhansali Engineering Polymers Ltd Board approves dividend of Rs. 1 for FY21

All Wonderla Amusement Parks will open only on Friday, Saurday and Sunday from April 19, 2021

Bhansali Engineering Polymers Ltd Q4FY21 consolidated PAT jumps to Rs. 163.48 crore

Kalyan Jewellers ushers in the wedding season with its latest Muhurat Campaign

IndusInd Bank Ltd board to consider Q4, FY21 results on April 30, 2021

Jubilant Ingrevia Ltd appoints two directors to its board

Wockhardt Ltd board to consider raising funds through NCDs on April 21, 2021

Trident Ltd celebrating Mission Day with a special discount coupon to shareholders

S.P. Capital Financing Ltd approves selling of shares in Pride And Expert Properties Private Limited

IIFL Securities Limited to acquire Category II AIF from IIFL Wealth Management Ltd

HDFC Bank Limited to raise up to Rs. 50,000 crore

Indo Asian Finance Ltd to consider allotment of 60 lakh shares on April 20, 2021

KEC International Limited Resumption of WKTL Transmission Project

IIFL Wealth Management Ltd to sell AIF Category-II business to IIFL Management Services Ltd

International Travel House Ltd Q4FY21 loss at Rs. 6.70 crore

Gujarat Hotels Ltd Q4FY21 net profit slides YoY, QoQ

ICICI Lombard General Insurance Company Limited board recommends final dividend of Rs. 4

Gujarat Hotels Ltd board recommends dividend of Rs. 1.80 for FY21

ICICI Lombard General Insurance Company Ltd reports Rs. 345.68 crore PAT in Q4FY21

HDFC Bank Ltd's gross NPAs at 1.32%, reduces QoQ

HDB Financial Services Ltd's gross NPAs at 3.9% as of March 31, 2021

HDFC Securities Ltd reports PAT of Rs. 253.1 crore in Q4FY21

Career Point signed MOU with Ministry of Social Justice and Empowerment for tutorial services

HDFC Bank's balance sheet increases 14.1% YoY

Indiamart arm to acquire 22% in Truckhall Pvt Ltd

HDFC Bank Ltd Q4FY21 consolidated net profit slips QoQ to Rs. 8433.78 crore

CRISIL downgrades rating of PVR Ltd

Website Created & Maintained by : Chennai Scripts
West Mambalam, Chennai - 600 033,
Tamil Nadu, India

disclaimer copyright © 2005 - 2020