Tuesday, August 28, 2018

Tata Motors Showcases the Future of Sustainable Public Transportation

Reaffirming commitment towards sustainable public transportation, India’s leading bus brand Tata Motors is all set to showcase five new public transport vehicles at the BusWorld India 2018, biggest B2B bus and coach exhibition in the world.

The new range of transport solutions on display will be - Starbus Ultra AC 22-Seater Push back, Starbus 12-Seater AC Maxi cab, WINGER 12-Seater, Tata 1515 MCV Staff Bus and MAGNA intercity coach. Equipped with state-of-the-art technology and advanced safety features, these new variants will exhibit superior design, excellent fuel economy and a longer service life, making commute enjoyable and safer.

Commenting on the occasion Rohit Srivastava, Product Line Head – Passenger Commercial Vehicle, Tata Motors said “Buses from Tata Motors are a hallmark of excellence and the range has adapted innovations to suit both Indian and global travel conditions. Under our Turnaround 2.0 strategy, we are aggressively focusing on introducing new range of products with improved features and state-of-the-art technological advancements. Our priority is to provide efficient, clean, safe, accessible and affordable value propositions to our customers. Our exhibits at the BusWorld 2018 is a testament of our best-in-class solutions tailored to the bus segment in India, with special focus on driver and passenger comfort and safety.”

Sandeep Kumar, Head Sales & Marketing - Passenger Commercial Vehicle, Tata Motors adds "We are pleased to associate with BusWorld India 2018 as a platinum sponsor. It is an excellent platform to showcase our revolutionizing range of buses providing the customers with the perfect blend of convenience, comfort and smart travel options. Through our product offerings, we are shifting the paradigm for new age products and mobility solutions, not just for the passengers but for drivers too.”

Key Highlights:

* Offered as a complete solution for intercity application, MAGNA is India’s First Bus Body Complaint (BBC) luxury intercity bus. It is available in two power nodes (180 HP and soon to be launched 230 HP). The new age coach with a 35-44 ranging seating capacity and a generous boot space of 7.5 cubic meter; is backed by reliable aggregates like Cummins ISBe 5.9 engine, TATA G750 gearbox, VOITH Retarder and Marcopolo bus body. MAGNA’s eye-catching exteriors and well-appointed interiors ensure passengers arrive refreshed from the journey.
* Targeting the staff and tourist segment, Starbus Ultra AC 22-Seater Push back and Starbus 12-Seater AC Maxi cab are built by Tata Marcopolo offering a refreshing look and best-in-class features such as individual charging points, hand rest on all seats, Push back luxury leather seats with maximum comfort, power steering, air brakes and LED lighting to enhance the interior look.
* Starbus Ultra AC 22-Seater PB comes with the New Generation Turbotronn Engine 140Hp offering 7 Lac kms first overhaul life and lowest NVH in its class. On the other hand, Starbus 12-Sseater AC Maxi cab comes with 4SP CR engine offering smooth operations. Other aggregates like GB-550 gearbox fitted with cable shift mechanism, radial tubeless tyres, parabolic suspension and tiltable steering ensures best ride comfort for both passenger as well as driver.  
* With a 2.2 L DICOR Engine and a Flat Torque curve, the Winger 12-Seater is a game-changing product that will address the pressing need of product performance and fuel efficiency for the Tour and Travel operators.
* Keeping in mind the demand for a Fully Built Bus from STU or Staff application Tata 1515 MCV bus emerges as an ideal business partner for any operator. Made on proven 1515 chassis and supported by trustworthy aggregates like Cummins ISBe 5.9 engine, TATA G600 Gearbox and Tata Marcopolo body; the vehicle showcases features like three point seat belts, reverse camera with display, USB mobile charging points and GPS with Wi-Fi.

Tata Motors today offers a comprehensive range of buses catering to an entire gamut of day-to-day travelling needs - from luxurious intercity travel options, to safe transport and driver-friendly choices. Tata Motors has pioneered technological innovations in the bus segment, and is fully equipped with a range of buses powered by alternate fuels aimed at reducing pollution and promoting an eco-friendly transport system in India. 

The company has  also developed a range of mobility solutions such as Hybrid, Electric, Fuel Cell, LNG and Articulated buses to meet the future transportation needs of the ‘Envisaged Smart Cities’. With an extensive product portfolio of future ready buses, Tata Motors will continue to play an active role in mass public transportation, with a commitment towards striking the right balance between sustainable growth and profitability.

Siemens and Bentley Systems Strengthen Strategic Alliance and Joint Investment Initiatives

In the companies’ latest Alliance Board meeting, Bentley Systems and Siemens decided to further strengthen their strategic alliance. The two companies have decided to extend their existing agreement, to further develop their joint business cooperation and commercial initiatives. Therefore, the joint innovation investment program will be increased from the initial €50 million funding to €100 million. In addition, as a result of the continuous investment of Siemens into secondary shares of Bentley’s common stock the Siemens stake in Bentley Systems now exceeds 9%.

Klaus Helmrich, member of the Managing Board of Siemens AG, said: “I’m very pleased with how strong our alliance started. Now we are investing in the next collaboration level with Bentley, where for instance we will strengthen their engineering and project management tools with Siemens enterprise wide collaboration platform Teamcenter to create a full Digital Twin for the engineering and construction world.” 

He added: “Integrated company-wide data handling and IoT connectivity via MindSphere will enable our mutual customers to benefit from the holistic Digital Twins.”

Greg Bentley, Bentley Systems CEO, said: “In our joint investment activities with Siemens to date, we have progressed worthwhile opportunities together with virtually every Siemens business for ‘going digital’ in infrastructure and industrial advancement. As our new jointly offered products and cloud services now come to market, we are enthusiastically prioritizing further digital co-ventures. We have also welcomed Siemens’ recurring purchases of non-voting Bentley Systems stock on the NASDAQ Private Market, which we facilitate in order to enhance liquidity, primarily for our retiring colleagues.”

Siemens AG (Berlin and Munich) is a global technology powerhouse that has stood for engineering excellence, innovation, quality, reliability and internationality for 170 years. The company is active around the globe, focusing on the areas of electrification, automation and digitalization. One of the world’s largest producers of energy-efficient, resource-saving technologies, Siemens is a leading supplier of efficient power generation and power transmission solutions and a pioneer in infrastructure solutions as well as automation, drive and software solutions for industry.

 The company is also a leading provider of medical imaging equipment – such as computed tomography and magnetic resonance imaging systems – and a leader in laboratory diagnostics as well as clinical IT. In fiscal 2017, which ended on September 30, 2017, Siemens generated revenue of €83.0 billion and net income of €6.2 billion. At the end of September 2017, the company had around 377,000 employees worldwide.

Huawei Secured No. 2 Worldwide Smartphone Vendor Spot, Surpassing Apple in Q2 2018

In the second quarter of 2018, Huawei surpassed Apple to secure the No. 2 worldwide smartphone vendor position for the first time ever, according to Gartner, Inc. Apple moved into the No. 3 spot. Overall, sales of smartphones to end users grew 2 percent in the second quarter of 2018 to reach 374 million units.

"Huawei’s smartphone sales grew 38.6 percent in the second quarter of 2018. Huawei continues to bring innovative features into its smartphones and expand its smartphone portfolio to cover larger consumer segments," said Anshul Gupta, research director at Gartner. "Its investment into channels, brand building and positioning of the Honor devices helped drive sales. Huawei is shipping its Honor smartphones into 70 markets worldwide and is emerging as Huawei’s key growth driver."

Samsung maintained the No. 1 global smartphone vendor spot, declining 12.7 percent in the second quarter of 2018. "Samsung faces slowing global smartphone demand and ever-growing competition from Chinese manufacturers," said Mr. Gupta. "The slowing demand for its flagship smartphones left Samsung with lower profitability. It now expects the Note 9 smartphone to revive growth."

Apple’s performance was flat in the second quarter of 2018 (0.9 percent growth). "Minimal incremental value in Apple's current-generation flagship iPhones led to slower growth in the second quarter of 2018," said Gupta. “Demand for the iPhone X has started to slow down much earlier than when other new models were introduced.”

"Growing competition from Chinese brands and consumers’ greater expectations for phone value is putting immense pressure on Apple to deliver enhanced value on their premium iPhones to foster growth," added Gupta.

Xiaomi’s focus on expanding its portfolio and adopting a unified retail model by integrating offline and online retail is driving growth in a slowing global smartphone market. This helped Xiaomi secure the No. 4 spot in the global smartphone market in the second quarter of 2018.

In the smartphone operating system (OS) market, Google’s Android further extended its lead over Apple’s iOS in the second quarter of 2018, securing 88 percent market share to 11.9 percent share for iOS.

Bajaj Allianz Life Creates Milestone with 49% Growth in New Business Premium in Karnataka in Q1 FY19

Bajaj Allianz Life Insurance Company, one of India’s leading private life insurers, achieved a milestone by registering 49% growth in New Business Premium in Karnataka in Q1 FY18-19 over the corresponding period of the last fiscal.

The total number of policies in the region stood at 2,097 registering a 47% growth, as compared to 1,425 in Q1 FY17-18.

Commenting on the growth achieved by the company in the state, Bajaj Allianz Life’s MD and CEO Tarun Chugh said, ”Our growth in the state is a testimony of the faith our customers have reposed on us. Karnataka is a key market for us, and through innovative products, and customer friendly technology we will continue to offer life insurance solutions for our customers, to help them achieve their life goals. We are continuously investing in our outreach programs to help us reach new customer segments, as well as to further delight our existing partners and customers.”

To ensure each customer’s life goals are met, Bajaj Allianz Life Insurance launched value-packed investment solutions - Bajaj Allianz Life Goal Assure and Bajaj Allianz Life Goal Based Savings. Bajaj Allianz Life Goal Assure is a life goal based investment plan  (ULIP)  which  provides the customer with a choice of eight funds, four investment strategies, return of mortality charges on policy maturity, tax-free returns on investment and life cover, making it one of the best investment solutions.

Furthermore, one can opt for maturity benefit in installments by staying invested in fund(s) of one’s choice and get the benefit of Return Enhancer, which is an addition of 0.5% of each due installment.

Bajaj Allianz Life Goal Based Savings is the latest ULIP added to its product portfolio for customers who are keen to take advantage of the country’s equities market. The product comes with a host of unique features for customers who would like to invest towards their life goals in a regular manner. The ULIP comes with features like Return of Life Cover Charges and Return Enhancer that enhances the customer’s corpus on maturity.

Monday, August 27, 2018

India’s First Biofuel Powered SpiceJet Flight from Dehradun to Delhi

SpiceJet on Monday flew the country’s first biofuel-powered flight, which took off from Dehradun for Delhi this morning. Around 20 people, including officials from aviation regulator DGCA and SpiceJet, were in the test flight.

According to sources, the low-budget carrier used a concoction of 75 per cent of bio-fuel and 25 per cent of turbine fuel to power SpiceJet’s Q400 turboprop flight. The fuel, made from Jatropha crop, has been developed by Indian Institute of Petroleum, based in Uttarakhand’s Dehradun. Biofuel flights make air travel cleaner and more efficient by reducing carbon emissions, thereby also marking a huge reduction in the cost of airline operations.

Around 20 people, including officials from aviation regulator DGCA and SpiceJet, were in the 78-seater aircraft. The duration of the test flight was around 25 minutes, according to an airline executive. Union Petroleum Minister Dharmendra Pradhan, who was present at the Delhi airport, called the flight a “big achievement in the aviation sector.” “On 10th August, PM Modi announced the new biofuel policy and today we have successfully implemented it in the aviation sector. It’s a big achievement in aviation and clean energy sector. GST has been decreased on Biodiesel and ethanol,” he said, reported the media.

The biojet fuel has been recognised by American Standard Testing Method (ASTM) and meets the specification standards of Pratt & Whitney and Bombardier for commercial application in aircraft. The development assumes significance as high air turbine fuel (ATF) prices have dented India’s domestic airline sector with all the major players reporting losses for the first quarter of 2018-19.

SpiceJet Chairman and Managing Director Ajay Singh said biojet fuel is low cost and helps in significantly reducing carbon emissions. “It has the potential to reduce our dependence on traditional aviation fuel by up to 50 per cent on every flight and bring down fares,” he said.

Mission Samruddhi: Serving Heroes Who Serve Our Nation

ICICI Securities Ltd., India’s largest broking house, said that under its Project Samruddhi, which is aimed at spreading financial literacy amongst junior ranked officials from our uniformed forces, the company conducted a programme for over 75 personnel of Maharashtra Police. The participants were taught about the importance of financial planning, disciplined approach, different investment avenues, importance of goal based financial planning, and the basics of stock markets etc.

Among the senior dignitaries who attended the event were Krishna Prakash (IPS), Special Inspector General of Police (VIP Security) Maharashtra Police and Yashasvi Yadav (IPS), Special Inspector General of Police (Coastal Security), Maharashtra Police. This was the 200th such event the company has conducted nationwide since the launch of this programme in 2017, and has directly touched about 30,000 service personnel. This is at no cost to the participants and the company has partnered with NISM for this CSR initiative to help in imparting this key life skill.

Talking on the event, Krishna Prakash (IPS), Special Inspector General of Police (VIP Security) Maharashtra Police, said, “As a force which is 24X7 dedicated towards protecting the citizens our country, it is heartening to see ICICI Securities has thought of our forces and has taken a keen interest in educating our rank and file about the importance of disciplined approach to financial planning for a brighter future.”

Yashasvi Yadav (IPS), Special Inspector General of Police (Coastal Security), Maharashtra Police said, “Programmes like these would help our team to plan their finances and investments better. We appreciate ICICI Securities taking this initiative which would help our forces also secure their own future by understanding savings and financial opportunities better.”

Shilpa Kumar, MD & CEO, ICICI Securities, said, “Our Police personnel work round the clock to protect the country and its’ citizens. Due to the nature of their duties, managing their own finances and keeping themselves updated on the latest financial acumen is seemingly quite challenging. We identified this huge need gap and launched Mission Samruddhi to serve these people who serve our nation selflessly. We are happy to partner with Maharashtra Police to help their personnel plan for their future by taking a disciplined approach towards savings and investments and equip them the required information and knowledge.”

Honda Announces Free Service Drive and Exchange Benefits for Customers in Flood-Hit Kerala

Taking a step forward towards rebuilding the flood hit state of Kerala, Honda Motorcycle & Scooter India Pvt. Ltd. today announced a free service drive and special exchange benefits for all Honda 2Wheeler customers in the state.

The Authorized Dealer network in Kerala has been activated to help the flood affected vehicles of customers with free labour charges and the cost of engine oil will be borne by the company (limited period offer). Also, a special exchange bonus scheme of Rs.2000 will be offered to customers willing to exchange their flood affected vehicle with a new Honda Vehicle.

Speaking on initiatives, Minoru Kato, President & CEO, Honda Motorcycle & Scooter India Pvt. Ltd. said “The state of Kerala is facing a massive tragedy and Honda is fully committed to participate in helping the people of the state return to their normal lives by easing their mobility needs. This contribution is Honda’s effort to express solidarity to local people as they rebuild the state from the scratch.”

Customers can also visit their nearest Honda Authorized Network for a free vehicle check-up. Subsequently, Honda Mobile Service Vans and trained technicians not just from Kerala, but also from neighboring states will be available to attend the flood affected vehicles in remotest of areas for fast recovery. Honda customers can enroll their affected vehicles on Honda 2 Wheelers toll free Customer Care Number: 1800-103-3434.

* Mobile Service Van (MSVs) – Honda’s Mobile Service Van is unique as it combines a dealership & service outlet in a truly mobile format - a boon for reaching out to customers in the remotest of areas at a very effective cost,”

Apprenticeship Connect Workshop in Bangalore to Strengthen Skill Ecosystem through Industry Associations

National Skill Development Corporation (NSDC) in collaboration with Confederation of Indian Industry (CII) and Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) today hosted ‘Apprenticeship Connect Workshop’ in Bangalore.  The workshop, a part of the Skill Connect Road Show series*, introduced new industry-savvy reforms in Apprenticeship regime.

Industry-driven Reforms Under Apprenticeship
1. Flexibility to industry to engage apprentices in a band of 2.5% to 10% of its workforce 
2. Introduction of ‘optional trades’ with discretion to industry to design  its own courses
3. Industry can outsource Basic Training & collectively undertake on-the-job training
4. Service Sector brought under regime
5. Included Graduates/ Skill Candidates who have undergone NSQF aligned short  term training courses under PMKVY/DDUGKY etc.
6. Financial support to industry under NAPS; Government to reimburse 25% of stipend paid by the corporate to its  apprentices; reimbursement of Basic Training Cost upto Rs 7500/per aprenctice.

The Apprenticeship Connect Workshops are intended to raise awareness about the reforms in the Apprenticeship laws in India making them extremely friendly to facilitate the Industry (including service sector) to come forward and design its own courses as per their specific requirements to create an industry -ready skill force. The participants at the workshop, including local/regional industry associations, companies, representatives from the state & central government and training providers, were introduced to the new Apprenticeship reforms.

The workshop also presented National Apprenticeship Promotion Scheme (NAPS), which entails provision of financial support extended by the Government to corporates undertaking apprenticeship.

Jayant Krishna, Executive Director & Chief Operating Officer, National Skill Development Corporation, said, “With sweeping business-friendly reforms and introduction of industry-led optional trades to be administered through National Skill Development Corporation and Sector Skill Councils, it is a win-win opportunity for corporates to embrace the apprenticeship regime under the Skill India Mission.”  

The Skill Connect Road Shows aim to drive awareness about various skilling Initiatives of the State and Central Governments, and is a step to support industry associations in proactive efforts towards building an industry-ready skill force in India, especially under the Apprenticeship Program.  The road show is rolled through a series of Apprenticeship Workshops and Seminars in more than 25 locations across India.

Boeing H-47 Chinook Aerostructures Made in India by Dynamatic Technologies

Boeing and Dynamatic Technologies announced the delivery of the 75th aft pylon and cargo ramp components for Boeing’s H-47 Chinook heavy-lift helicopter. Dynamatic manufactures critical components for the H-47 Chinook, one of the world’s most advanced multi-mission, heavy-lift transport helicopters. The aerostructures will be integrated at Boeing’s facility in Philadelphia.

“This delivery marks a significant milestone in the success of the Make in India program and our commitment towards building indigenous manufacturing capabilities,” said Pratyush Kumar, president, Boeing India. “We established the Chinook production line in 2014 as part of our commitment to manufacture aerospace aerostructures in India and Dynamatic has been our key partner in that journey. The future of advanced manufacturing in India looks promising.”

Dynamatic Technologies delivered the first set of aft pylon and cargo ramp assemblies for the Chinook in February 2015. This first delivery was mentioned by India Prime Minister Narendra Modi at his inaugural address at the Aero India exhibition in 2015.

“This is a remarkable milestone in our partnership with Boeing and the Chinook program to deliver high quality aerospace products from India,” said Udayant Malhoutra, CEO & Managing Director, Dynamatic Technologies Ltd. “We are manufacturing complex assemblies for global OEMs and have become an integral part of the worldwide supply chain, incorporating globally accepted standards of aerospace manufacturing in our facilities.”

The Chinook is a true multi-role, vertical-lift platform, emphasizing heavy-lift transport of troops, artillery, equipment, and fuel. It is the helicopter of choice for humanitarian disaster-relief operations, in missions such as transportation of relief supplies and mass evacuation of refugees.

Boeing has been working with suppliers in India for over two decades in manufacturing, IT and engineering services. Today, there are more than 160 suppliers providing advanced, complex components and subassemblies for Boeing commercial and defense aircraft as part of an integrated global supply chain. These parts and assemblies cover critical components such as aerostructures, wire harnesses, composites, forgings, avionics mission systems and ground support equipment for aircraft that include the 777, 787, P-8, F/A-18 Super Hornet, F-15 and H-47 Chinook.

Enterprise Cloud Computing Leader - Nutanix Sweeps Away Established Brands On Debut

Nutanix, a leader in enterprise cloud computing, today announced that it has been ranked second in ‘India’s Great Mid-Size Workplaces 2018’ List. This is the first time the company has participated in the study and demonstrates proof of the positive impact Nutanix is having on its expanding workforce in the country.

Nutanix has had a presence in India since 2013, and has continued to invest and innovate in expanding its operations to develop a modern, digital workplace where every employee feels empowered to contribute. Over the past year, headcount has grown over 70 percent and the company has recently opened a second office in Pune.

“This is a fantastic achievement for all of us here at Nutanix. We have a history of taking on established global companies and winning – and here we are doing it again,” said Sankalp Saxena, Nutanix SVP and MD of Operations for India. “Nutanix is developing a modern workforce that embraces diversity and respect while providing global opportunities for all.  As we continue to invest in India’s future we know that our success will be built around our employees. This award shows we are getting it right.”

Prajeetha Prasad, Nutanix Senior Human Resources Lead for India added, “Nutanix lives by our core values – honest, hungry and humble with heart. In the battle for talent, it’s vital we provide today’s workforce with a true sense of value and belonging. Nutanix embraces global best practices and technologies to provide a modern, digital and respectful environment for all our staff to learn and grow.”

Nutanix has rapidly increased and evolved its operations in India over the past 5 years and continues to increase its activities in India as the company further disrupts the traditional enterprise market and develops a truly global centre of excellence that drives innovation from India.

A Viable Solution for SME s to Connect with Indian Journalist

Indian media is growing at an exponential rate. The advent of smartphones and internet has revolutionized the Indian media industry. Backed by the growing economy, India has witness launch of a host of new TV channels and print publications in the last decade.

Public Relations has therefore grown as an important part in any company’s activity when it comes to informing general public about news related to their company or products.

However, due to various factors, small and medium, enterprise, individuals, corporates have found it challenging in sending their news to relevant journalists in newspapers, TV channels or trade magazines.

India PR Distribution discovered the solution to the problem by introducing economical options for press release distribution. It is India’s first press release distribution service that sends the press-release to Indian reporters and publications including Newspaper, TV, Radio and others. Reporters can directly contact news sources. The news is distributed to online portals, Indian reporters, and bloggers. The startup is also helping many businesses in improving their marketing and PR campaigns.

“We have launched India PR Distribution with an aim to bring relevant stories to reporters and at the same time, provide an easy platform for businesses to send their news to both online and traditional print and electronic media.”, says Nitin Jain, Co-founder of India PR Distribution.

India PR Distribution, a new-age start-up founded in November 2017, with a 10 member team is presently based in Gurgaon. So far India PR Distribution has successfully delivered the service to more than 70 clients including New Startups, Educational Institutions, and small businesses.

How it Works

India PR Distribution carefully wets every Press Release submitted on its website and checks if the news is worth reaching out the public and the topic covered is fit to be covered in a national newspaper or TV channel. The news is then sent to the Industry specific journalists and publications, therefore bridging the gap between news source and media house.

Making Powerful Impressions in Infrastructure & Operations Market; Everest IMS 5.0 Marked a Great Success

EverestIMS Technologies Pvt Ltd (Everest), an Indian software product company specialized in providing software solutions for IT Infrastructure, ITSM and IoT space, earlier this quarter launched an upgraded version of its flagship product, Everest IMS with new and enhanced global features to 'map-manage-monitor' IT infrastructure intelligently through a unified platform.

This launch from Everest has garnered positive response from the Indian I&O market space. With technology-rich advanced features and responsive GUI, version 5.0 has successfully cracked into new business verticals like: Real Estate, Hospitality, ITES, Large PSUs and Managed Services. Existing customer base has been retained by providing attractive offers on licence renewals and new accounts from different industry giants have been successfully added. Also, this version launch served as a transit medium in converting competitor accounts to Everest's customer database.

Satish Kumar V, CEO at Everest said, "The launch of Everest IMS 5.0 is another milestone of success for us. Everest IMS witnessed commendable response from various business verticals. The product has been very well accepted in the market in a short span of time. Infact, it helped us in reaching the untapped markets and businesses. This is because customers are seeing value that they can drive from the new features that Everest IMS 5.0 comes with.

He further added, "We have been getting positive feedbacks from our clients. Being an Indian independent entity, it is an encouragement for us to develop innovative products & solutions. Everest aims to be part of each of its customer's success story journey, hence believe in empowering organizations with high performance solutions."

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