SILICON VILLAGE

Monday, September 24, 2018

L&T Technology Services Wins $40 Million AI & Virtual Reality Based ECM Solutions Deal in Europe


L&T Technology Services Limited (NSE: LTTS), a leading global pure-play engineering services company, today announced that it has won a multi-year deal to provide digital content management services to a leading technology company’s industrial products segment.

The deal is expected to run for a period of 5 years with an aggregate revenue potential of USD 40 million, covering Engineering Content Management (ECM) programs in the US and European regions.

LTTS will leverage centers in Europe, US & India while assuming complete ownership and talent to manage content for all current and future product suites for the customer. This would include technical design specifications, diagnostic solutions for service engineers and product training for customers & engineers, thereby supporting the entire ECM cycle from product conceptualization to developing digital content platforms.

“With engineering content becoming one of the cornerstones of digital transformation, this deal win highlights LTTS’ consulting capabilities to key customers in the US & European markets.  LTTS will provide expertise and support in building content management capabilities with the help of new technologies such as AI & Virtual Reality, thereby enhancing the overall customer experience,” said Dr Keshab Panda, CEO & Managing Director, L&T Technology Services Ltd.

ROHM Semiconductor will Exhibit its Advanced Automotive Products and Solutions at Electronica-India 2018 from Septh 26-28 in Bengaluru



 ROHM, a Japan-based leading semiconductor solution provider eyeing Indian E vehicle market with it’s new low power and energy efficient power solutions to meet the growing demand for next –gen Electric Vehicles and other Hybrid-Electric-Vehicles (also called xEV)

ROHM Semiconductor will be presenting new solutions for Power and energy management in the automotive applications. At the upcoming electronica-India 2018, the trade fair for components, systems and applications in electronics to be held in Bengaluru on September 26 to 28, 2018 in Bengaluru.

ROHM will present Automotive solutions with Five  categories as ‘SiC Power Devices”, “Analog Technologies”, “Infotainment”, “Body and Powertrain”, and “Made in India- for India”.

 “At this time, ROHM will showcase the products and solutions which are supposed to be the key technologies in future EV market of India. The impact on next generation automobiles and its eco-system are very innovative and these have been adopted in the advanced xEV market like Japan, USA, Europe, and China. Please visit ROHM’s booth in electronica-India 2018 and explore the innovations lead by ROHM Semiconductor.” Said Mr. Daisuke Nakamura, Managing Director of ROHM Semiconductor India

“The growing and developing market for xEV (Electric Vehicles) in India can contribute to substantial reduction CO2 emissions, and India has laid out optimistic plans to accelerate the adoption of EVs by year 2030. “ said Mr Nakamura.

ROHM is pushing forward with the latest cutting-edge development of SiC* (Silicon Carbide) power devices, which are expected to realize dramatic loss reductions compared to conventional Si (silicon) power devices. These power devices will be used more and more on electric vehicle (EV) motors and inverters.

“The properties of the still relatively new material SiC promise comprehensive application possibilities in power electronics. SiC-based voltage converters have significantly less losses than conventional silicon-based converters. SiC also enables significantly smaller modules, components and systems than silicon. The increasing demand for the most energy-efficient devices possible will therefore increase the demand for SiC components in the coming years.” said Nakamura.

In India ROHM is presenting its  products for xEv  include

Nano-Pulse Control- Power ICs for Hybrid-Vehicles, e-Bike

ROHM has recently announced the availability of a DC/DC converter with built-in MOSFET that achieves the highest step-down ratio in the industry (at 2MHz) required for 48V automotive systems such as mild-hybrid vehicles, e-Bikes.

EV-inverter & Charging Stations - SiC Power Devices

ROHM is a major supplier of auto-electronic components providing energy efficient power solutions for xEV (Electric Vehicles). The drive towards eco-friendly mobility across the world, and accelerating in India too, means that Electric Vehicle is a key focus area for the company.

By using this full SiC power module in the inverter section (the powertrain core), it makes the inverter 43% smaller and 6kg lighter than in season two. Even compared to the previous inverter used in season three, it is 30% smaller and 4kg lighter.

LED Driver reference solutions- Automotive DRL/Rear-Lamps

Daytime Running lights (DRL) Automotive headlights are increasingly transitioning from conventional halogen lamps to LEDs. As such significant growth is expected in this sector. And although halogen lamps are still the mainstream choice, LEDs currently occupy 25% of the total headlight market..

Preventing Accidents with Daytime Running Lights

In recent years, Daytime Running Lights (DRLs) continue to be adopted. DRLs are small lights that are automatically switched-on during the day to increase visibility by oncoming vehicles, and have been proven to prevent accidents. As a result they have been widely adopted in Europe. LEDs, which consume very little power (even when lit), are ideal for use in DRLs.

Sequential turn lighting is an application unique to LEDs, in which a string of LEDs lights up sequentially to indicate right or left when turning, acting as blinkers. When stopping, both the right and left rows light up at the same time. Many of the latest cars have already incorporated sequential lighting.

In automotive applications, however, the rear LEDs are connected in parallel and all LEDs are lit simultaneously. It is possible to reduce brightness variations to some extent using stabilizing resistors, but this has proven to be insufficient. ROHM proposes a solution using a constant current driver IC to reduce variations, together with our industry-leading resistors and diodes.

ROHM expects This share is predicted to increase to 40-50% by 2021-2022. LED lighting technologies are also expanding worldwide to increase the range of applications

‘Made in India, for India’ - Product Development for Two-Wheeler Emissions Control and Integrated Lamp Control for LED Lighting Applications Bharat Stage (BS) VI emission norms in India by 2020

In the backdrop of BS-VI emissions norms to be implemented in India for all vehicles, including two-wheelers, Electronic Fuel Injection (EFI) Control Systems will be required on two-wheelers, by 2020. Fuel Pump with Brushless DC (BLDC) Motor forms an integral part of EFI System on two-wheelers.

Adoption of BLDC Fuel Pump Motor is critical to meet the Power requirements of OEMs and avoid failures common with Brushed DC Motors. ROHM India Design Centre provides reference solutions based on 3-phase BLDC Motor Driver to address these requirements and achieve faster time-to-market.

Integrated Lamp Control for LED Lighting Applications

Usage of LED lighting enables improved safety, higher efficiency and better aesthetics in two-wheeler lighting. ROHM is committed to providing comprehensive LED lighting solutions, including Integrated Lamp Control, for the Indian two-wheeler market. ROHM India Design Centre is therefore building a roadmap of LED driver ICs to meet specific requirements of Indian OEMs, Tier1s and their corresponding value chains.

Transition towards more efficient Brushless DC (BLDC) Motors

In addition, ROHM is developing Automotive 3-phase Gate Driver ICs for BLDC Motor Applications. This lineup is expected to meet the requirements of Applications such as Integrated Starter Generator (ISG) for both two-wheelers and four-wheelers. Further they can address the specific needs of Radiator Cooling Fan, HVAC Blower Fan and other applications within Automotive Segment that are based on BLDC Motor.

Adoption of BLDC Fuel Pump Motor is critical to meet the Power requirements of OEMs and avoid failures common with Brushed DC Motors. ROHM India Design Centre provides reference solutions based on 3-phase BLDC Motor Driver to address these requirements and achieve faster time-to-market.

Integrated Lamp Control for LED Lighting Applications

Usage of LED lighting enables improved safety, higher efficiency and better aesthetics in two-wheeler lighting. ROHM is committed to providing comprehensive LED lighting solutions, including Integrated Lamp Control, for the Indian two-wheeler market. ROHM India Design Centre is therefore building a roadmap of LED driver ICs to meet specific requirements of Indian OEMs, Tier1s and their corresponding value chains.

Transition towards more efficient Brushless DC (BLDC) Motors

In addition, ROHM is developing Automotive 3-phase Gate Driver ICs for BLDC Motor Applications. This lineup is expected to meet the requirements of Applications such as Integrated Starter Generator (ISG) for both two-wheelers and four-wheelers. Further they can address the specific needs of Radiator Cooling Fan, HVAC Blower Fan and other applications within Automotive Segment that are based on BLDC Motor.

Maharashtra, Tamil Nadu and Karnataka Driving Indian Consumer Credit Market


At the midpoint of 2018, three of the large Indian states – Maharashtra, Tamil Nadu and Karnataka – comprised nearly 40% of all retail lending* balances despite representing about 32% of the overall credit population share (source: TransUnion CIBIL database) and around 20% of the aggregate Indian population (as per Census 2011). The new Q2 2018 TransUnion CIBIL Industry Insights Report found this concentration of retail lending activity among the large states, with economic development and urbanization as the likely drivers of this trend.

Retail balances as of June 2018 were highest in Maharashtra at Rs 5,502 billion – representing nearly 20% of all retail balances in India–followed by Tamil Nadu (Rs 2,774 billion) and Karnataka (Rs 2,749 billion). In total, the 10 largest Indian states represented Rs 21,274 billion in balances, which comprised almost 76% of the total balance share. At the same time, the 10 largest balance markets made up 68% of the consumer credit population.

“It’s clear that the major urban areas of India are leading the charge for increased retail credit use,” said Yogendra Singh, vice president of research and consulting for TransUnion CIBIL. “These states generally have more urbanized areas and show more signs of economic development. As a result, consumers in these areas are utilizing various forms of credit to enhance their lives.”

Overall, TransUnion CIBIL found that retail lending balances increased by nearly 27% between Q2 2017 and Q2 2018.  Personal loan balances (up 43%) and credit card balances (up 42%) grew at the highest rate of all major credit products in the last year.  Average borrower balance growth for both of these credit products increased nearly 14% in that same timeframe.

“Total balance growth was broad-based across all products, increasing by at least 23% year-over-year for all major products,” said Singh. “Balances growth was largely driven by volume (i.e. number of accounts) growth that rose at least 20% for most major credit products. The retail lending sector continues to expand strongly, as consumers are seeking credit and lenders are making credit available. With delinquency rates generally remaining at controlled levels, this points to a well-functioning consumer credit market.”

While total balances and account volumes rose, average consumer balances increased modestly. Low double-digit annual increases in average consumer balances of credit cards and personal loans was counter balanced by continued declines in consumer durables and loans against property and more modest increases in vehicle financing products like auto loans and two wheeler loans as well as mortgages.

Loans against property was the only product category which witnessed a significant increase in serious delinquency rates, growing by 65 basis points (bps) year-over-year to 3.04% in Q2 2018. Delinquency rates rose modestly for home loans and credit cards and continued to decline for auto loans, personal loans and two wheeler loans.

“Increased use of credit and the consequent balance growth is beneficial for the Indian consumer credit market, but maintaining relatively low delinquency rates is just as important,” said Singh. “Indian consumers need to continue to show that they can manage their debt obligations, and this continued practice will likely result in more credit offers.”

YONO SBI Crosses the 10 Million Downloads Mark in 10 Months


State Bank of India’s (SBI’s) first comprehensive digital service platform YONO (acronym for ‘You Only Need One’) app has crossed the 10 million downloads mark on Google Play Store and App Store as on 25 September 2018. Customers can use this all-in-one solution for all their banking, shopping, lifestyle and investment needs.

YONO is among the Top-5 finance Apps on the App Store & Play Store. Since the launch of Yono, SBI has further added 25 new e-merchants including IRCTC, Book My Show, SOTC, Expedia, kindle, booking.com and Mozarto along with auto majors like Tata Motors, Hyundai, Ford etc on the YONO Online Marketplace, bringing the total number of merchants available on the platform to 85. Last month, the bank signed an MoU to collaborate with Reliance JIO to offer special connectivity and device solutions for SBI customers.

“10 million downloads and counting, is an impressive feat for the app in such a short time. We are delighted to know that YONO is liked and accepted by our customers. I feel that reaching this landmark is a testimony to the efforts of our innovative team. This achievement gives us a strong boost for more innovation to explore further options on YONO to offer enhanced convenience to the customers”, said Rajnish Kumar, Chairman, SBI.

Yono SBI is a big leap forward for improving digitization of financial and lifestyle services in the country. It is the first digital banking platform to offer customized products and services from 85 e-commerce players by leveraging analytics. YONO can be accessed through Android and iOS powered mobile phones, and on the web through a browser, allowing for a seamless omni-channel customer experience.

Mahindra First Choice Wheels Introduces “Edition”-India’s First Premium Used Cars Franchise Network


Mahindra First Choice Wheels, India’s leading multi-brand certified used car company today launched its “Edition” brand, the country’s first Premium used cars franchise network.

The first “Edition” store opened in Juhu, Mumbai and with an eye popping assortment of premium car brands including Mercedes Benz, BMW, Audi and Jaguar. To make the deal really sweet for customers, there is a comprehensive warranty coverage for its vehicles ensuring complete peace of mind for buyers.

Commenting on the launch of “Edition”, Rajeev Dubey, Group President (HR & Corporate Services) and CEO (After Market Sector), Member of the Group Executive Board, Mahindra Group, said, “Aspirational buyers with rising disposable incomes are increasingly looking to upgrade to premium car brands. ‘Edition’ offers them a unique opportunity to acquire their favourite car brand at a much more accessible price.”

According to Ashutosh Pandey, CEO, Mahindra First Choice Wheels, “The launch of ‘Edition’ is yet another pioneering move by Mahindra First Choice Wheels. It will help to drive our future growth by expanding our product portfolio and giving us access to an entirely new customer segment.”

Mahindra First Choice Wheels is currently India’s No. 1 Multi-brand Certified Used Car Company, with over 1200 outlets across 500+ cities. It offers Certified Used Cars with Warranty and making the entire process of buying and selling used cars more transparent and hassle-free. The company has a comprehensive 118-point quality inspection and refurbishment process that ensures its vehicles are of the highest quality.

The company extended its leadership position in the Indian used car industry in FY 2018 with a strong growth in its transaction revenues and its technology enabled businesses. These include its auctions (eDiig.com), inspections (Autoinspekt.com) and pricing solutions (IndianBlueBook.com). These tech enabled solutions are driving transparency and efficiency in an industry which has previously been unorganised in nature.

Sunday, September 23, 2018

1MG Lido Mall Breaks Limca Book of Records with 60-Foot-Long Sub


Foodies from all over Bengaluru, fitness enthusiasts, charity homes, the expatriate community and the film fraternity found themselves eager to taste the record-breaking 60-foot-long sub specially created by 1MG-Lido Mall as part of the Foodie Fiesta (season five) at the mall. The attempt to create the sub by the mall as part of its social responsibility in sharing happiness with the community was a key milestone in bringing the community together.

Accompanied by the beats of dollu kunitha, a traditional drum dance from Karnataka, the music enthralled the mall with everyone cheering as the sub was being prepared by Food Hall chefs. While the sub was pieced together to completion, Shantamalappa, ACP Crime - East Division and Raja Imam Kasim P., ACP Traffic – East authenticated the record for the Limca Book of records. The submarine sandwich measured 60 feet 9 inches. Each and every ingredient of the submarine sandwich was provided by the F&B outlets present in 1MG - Lido Mall. 

Suman Lahiri, Chief Operating Officer, 1MG - Lido Mall, said: “Being in Bengaluru’s central hub, we are always seeking ways to bring our community closer together and support social causes. We are delighted to have a successful go at the Limca Book of Records for the 60-ft-long sub with the help of our food and beverage outlets placed right here in the mall. It has been a wonderful experience to work together and promote community interactions.”

A portion of the sub was shared with the Dominican Sisters of the Presentation who will be distributing it to the children at their facility. Commented Sr. Lallama from the charity home, “We are touched to know that the 1MG - Lido Mall has reached out to the less fortunate in our community and are sharing with us a token of their love. We look forward to more support from the communities around us and together we can work towards reviving the less fortunate amongst us.”

Addressing the audience at the event, Dr. Kingmoohan, an actor who has more than 100 films in six languages to his credit and also the Chief Business Officer – Chisel Fitness, said, “It is wonderful to see 1MG - Lido Mall actually get into action and promote health and fitness across the Bengaluru community. Good food equates to good health and we look forward to an active and healthy lifestyle of our community here in Bengaluru.”

Mamatha Saravana, Corporator and Town Planning Member, Ward 90 and Sarvana, Ex Corporator, Ward 90 were also present on the occasion. Representatives from the Overseas Women’s Club comprising more than 30 nationalities also supported the event with their enthusiastic presence and participation.  

Friday, September 21, 2018

Etios Series Reaches Milestone of More than 4 Lakh Happy Customers in India; Positive Sales Growth of 10 % in April-Sep 2018


Toyota Kirloskar Motor announced having reached a significant milestone of more than 4 lakh happy customers for Etios Series in India.  Designed for the Indian Market by the Indian minds, Etios series consisting of Platinum Etios, Etios Liva and Etios Cross has been one of the most popular choice of Indian families for its world-class quality, durability and reliability.  It has been constantly updated with newer innovation to offer the best to the customers. Liva sales continue to witness a positive growth of 10% in April to September 2018 as compared to same period last year.

Toyota as a brand has been relentlessly customer-centric, listening to and anticipating what their customers need. The Etios series paved the way for Toyota to give responsibility at the regional level and helped India to move forward in product designing, with the strategy ‘safety first, customer first and Make in India by Indian engineers’.

Etios Series has been in strong demand over the years since the launch of Etios in India in 2011, both personal segment and fleet customers appreciate the best in class comfort, unmatched safety features, high resale value, low cost of ownership and high fuel economy. 

Etios series has been constantly updated with refreshed new features, enhanced appeal, unbeatable safety features and newer technologies to add to customer delight. With the launch of the “Platinum Etios and Etios Liva” in September 2016, the company set new standards of safety, dependability, quality and performance. The bold design, premium new styling and plush new interiors which put the Platinum Etios and the New Liva in a league of its own, was designed to be the ideal family car. Toyota Kirloskar Motor also launched the new Dual-Tone Etios Liva with eye-catching dual tone design loaded with style and substance meticulously designed keeping in mind the modern taste of Indian customers. The Dual tone Liva has been widely appreciated by customers which has helped in pushing the growth of personal segment sales for Liva to 95%.

To add freshness and cater to the changing taste of young Etios Liva buyers, the company recently introduced the Liva Dual Tone Limited Edition across markets in India. The limited edition radiates modern style with a more smarter and sporty look.

TKM also launched the limited edition of Etios Cross called Etios Cross X- Edition in September last year with a more sporty and stylish look. It was loaded with a host of special add-ons to delight customers with youthful design, unbeatable safety features and unmatched performance.

Etios series has set a safety benchmark in the industry being the first in segment to standardize dual SRS airbags and ABS with EBD across all grades, Front Seat Belts with Pre Tensioner & Force Limiter, Isofix Child Seat Locks for all models and all grades. Made-in India Etios has bagged 4 Stars at a crash test campaign organized by Global NCAP the international body that is involved in new car assessment in association with AA South Africa scoring 4 star rating in frontal adult passenger protection and three stars in child occupant protection.

Marking this milestone, N. Raja, Deputy Managing Director, Toyota Kirloskar Motor said, “We have been continuously striving to upgrade our products as per the evolving needs in the market and offer the best features to our valued customers. We are happy to have sustained the positive response for all variants of Etios series since the launch. We would like to express our gratitude to our valued customers for the never ending trust and loyalty towards brand ‘Etios’. Etios series has stood the test of time over the years backed by a unique combination of Toyota’s Global Promise of Quality, Durability & Reliability (QDR). It caters to needs of Indian families as the most dependable vehicle with best in class quality, safety, comfort, fuel economy and performance. It is our endeavor to set the benchmark in customer delight and we will keep innovating to offer the best products and services to our customer base.”

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