Saturday, February 5, 2022

Bata India On-Boards Disha Patani As Its New Brand Ambassador


* To inspire Indian Youth with its new Sneaker, Casual & Fashion collections

Footwear major Bata India Limited has roped in Bollywood actor Disha Patani as the new face of the brand. The move comes as Bata looks at further strengthening its youth connect and a fashion forward imagery that presents a fitting blend of style and comfort. The young and vivacious actor will be seen promoting various popular labels under the Bata umbrella.

Regarded as the face of next-gen Bollywood, Disha is currently one of the most popular actors in the country. Known for her exceptional fashion sense and fitness, Disha is widely regarded as a trend setter. The stylish actor enjoys a huge following on social media and has won millions of hearts with her charming smile and vibrant personality.

Commenting on this occasion, Gunjan Shah, CEO, Bata India Limited said: “We are happy to have Disha on board as the new face of Bata. At Bata, we have been on a quest to transform the brand imagery and deliver on the aspirations of the youth of the country. Over the years, we have established Bata as a brand that is contemporary and remains relevant with changing times. Disha, with her lively personality and positive energy fits in perfectly with our brand narrative that blends together style and comfort. In line with consumer trends, we have been rolling out more sneakers, casual & 2-mile fashion styles and our association with Disha will help us in further strengthening our connection with the youth and millennials and taking Bata’s brand appeal to the next level.”

On associating with Bata India, Disha Patani said: “I am absolutely thrilled about associating with Bata and look forward to working with one of the most iconic & loved brands in the country. Bata is well known for its comfortable footwear, but I was quite impressed with the wide variety of styles & designs across sneakers, casuals, and fashion footwear. It really excited the fashionista inside me and I look forward to an exciting journey with the brand ahead.”

Bank Of Baoda Announces Financial Results For Q3 FY2022


Key Highlights 

The domestic CASA of the Bank marked a growth of 12.86% on a YoY basis.  

Operating profit for the quarter grew by 7.85% on a YoY basis.  

Net profit of the Bank doubled for the quarter and stands at INR 2,197 crore in Q3FY22 against INR 1,061 crore in Q3FY21. Net profit increased to INR 5,494 crore in 9MFY22 from INR 1,875 crore in 9MFY21. 

Gross NPA ratio of the Bank significantly improved to 7.25% in Dec’21 from 8.48% in Dec’20. 

Global Net Interest Margin (NIM) increased to 3.13% in Dec’21 from 2.77% in Dec’20. 

Global Advances of the Bank increased by 5.17% sequentially to INR 7,71,994 crore. 

Domestic Advances of the Bank increased to INR 6,54,315 crore, up by 4.96% on a QoQ basis, YoY growth stands at 3.36%.  

Business Performance 

Global Deposits increased by 2.46% to INR 9,78,034 crore on a YoY basis. Domestic Deposits increased by 5% to INR 8,76,555 crore in Dec’21. 

Domestic Current Account Deposits stands at INR 65,260 crore, registering a robust growth of 15.41% on a YoY basis.  

Domestic Savings Bank Deposits grew by 12.36% to INR 3,22,909 crore. Overall Domestic CASA registered a growth of 12.86% on a YoY basis. 

Organic Retail loan portfolio of the Bank grew by 11.13% led by growth in Personal loan portfolio by 46.39%, Auto loan by 20.54% and Education loan by 13.86% on a YoY basis. 

Agriculture loan portfolio reached to INR 1,05,694 crore, marked a YoY growth of 9.58% 

Organic MSME portfolio increased to INR 92,668 crore grew by 2.39% on a YoY basis. 

Profitability 

Net Interest Income (NII) increased to INR 8,552 crore in Q3FY22 as against INR 7,477 crore in Q3FY21, registering a growth 14.38% YoY.   

Operating Income of the Bank increased by 6.57% YoY to INR 11,071 crore in Q3FY22. 

Operating Income for 9MFY22 registered a growth of 10.57% and stood at INR 32,972 crore as against INR 29,819 crore in 9MFY21.  

Cost of Deposits reduced to 3.50% in Dec’21 as against 3.85% in Dec’20.  

Yield on Advances improved sequentially to 6.92% in Dec’21 from 6.55% in Sep’21. 

Operating Profit of the Bank increased to INR 5,483 crore in Q3FY22, up by 7.85% on a YoY basis. Operating Profit for 9MFY22 stands at INR 16,754 crore registering a growth of 11.95% YoY. 

Bank reported a standalone Net Profit of INR 2,197 crore in Q3FY22 as against INR 1,061 crore in Q3FY21.The Net Profit for the 9 months period increased to INR 5494 Crore in Dec’21 from INR 1875 Crore in Dec’20. 

Global NIM increased to 3.13% in Q3FY22 from 2.77% in Q3FY21.  

Return on Assets (RoA) improved by 37bps to 0.74% in Q3FY22 from 0.37% in Q3FY21. 

For the consolidated entity, Net Profit stood at INR 2,464 crore in Q3FY22 as against INR 1,196 crore in Q3FY21. 

Asset Quality 

The Gross NPA of the Bank reduced to INR 55,997 crore in Q3FY22 from the level of INR 63,182 crore in Q3FY21 and Gross NPA Ratio improved to 7.25% in Q3FY22 from 8.48% in Q3FY21. 

The Net NPA Ratio of the Bank improved to 2.25% in Q3FY22 as compared with 2.83% in Q2FY22. 

The Provision Coverage Ratio of the Bank stood at 85.95% including TWO and 70.60% excluding TWO in Q3FY22. 

Capital Adequacy 

CRAR of the Bank improved to 15.47% in Dec’21 from 12.93% in Dec’20. Tier-I stood at 13.24% (CET-1 at 11.30%, AT1 at 1.94%) and Tier-II stood at 2.23% as of Dec’21.  

The CRAR and CET-1 of consolidated entity stands at 15.97% and 11.91% respectively 

Future Generali Insurance Launches "FG Gift Of Health" Across India


•Two plans offered - Future Hospicash and Accident Suraksha 

•Aimed at offering gift of health; can be gifted to anyone 

•Premium starts at Rs. 501 

Future Generali India Insurance Company Limited (FGII) announced the launch of its innovative ‘FG Gift of Health’ product. Through this unique offering, FGII aims to empower individuals by providing them with an insurance product that can be gifted by anyone to support and secure people who matter to them, be it the support staff, domestic help, friends, extended family, or even members of an NGO. Gifting of an insurance product has now been made possible via IRDAI sandbox regulations.  

Speaking on the launch of the product, Ruchika Malhan Varma, Chief Marketing Officer, Future Generali India Insurance, said, “At FGII, we are strongly driven by innovation and are focused on enabling universal access to the right insurance solutions. Our support staff is our backbone and play an instrumental role in helping us shoulder our responsibilities as we progress towards achieving our dreams. It is important that we do our bit towards safeguarding their health uncertainties arising from multiple challenges like job loss, limited access to quality healthcare, accidents, etc.” 

‘FG Gift of Health’ starts with a premium of INR 501/- and is available in two options, i.e., Future Hospicash and Accident Suraksha. This policy can be gifted to an individual as well as the family of the gift receiver i.e., receiver, spouse of receiver and two dependent children (up to 25 years of age). 

Ruchika further adds, “As a responsible brand, we want to ensure that we enable everyone to further empower others with access to quality healthcare through insurance. ‘FG Gift of Health’ has several unique features to ensure that the benefits of insurance can reach all segments of the society. Depending on the product chosen, the policy will cover incidental expenses during hospitalization by providing daily cash benefit and / or lumpsum benefit in case of accidental injuries leading to disabilities / death. Once they realise the financial help and security that insurance offers, they are likely to consider renewal which will help us in deepening insurance penetration in the country.” 

While Future Hospicash covers incidental expenses in case of hospitalisation and offers a fixed benefit for each day of hospitalisation, irrespective of the actual medical cost. Accident Suraksha provides beneficiaries with a lumpsum amount in case of accidental injuries leading to disability / death. Further, an additional discount of 10% on the total premium can be leveraged if both the plan options are being bought for the benefit of the same individual. There is no medical examination required for obtaining insurance cover under this policy. 

About Future Generali India Insurance Company Limited 

Future Generali India Insurance Company Limited is a joint venture between Future Group – the game changers in Retail Trade in India and Generali – a 190-year-old global insurance featuring in the world’s 70 largest companies*. The Company was incorporated in October 2006 and received the IRDAI license in September 2007 with the objective of providing retail, commercial, personal, and rural insurance solutions to individuals and corporates to help them manage and mitigate risks. 

Future Generali India has been aptly benefitting from the global Insurance expertise in diverse classes of products of Generali Group and the Indian retail game-changer Future Group. Having firmly established its credentials in this segment and effectively leveraging on the skill set of both its JV partners, Future Generali India has evolved to become a Total Insurance Solutions Company. 

*As per Fortune Global 500 Ranking (2020) 

*Future Generali India Insurance is certified ‘Great Place to Work’ (December2021-November 2022)  

ABFRL To Create Platform For D2C Business; Charts Ambitious Path To Build India’s Largest Portfolio Of Digital-First Fashion & Llifestyle Brands


Aditya Birla Fashion and Retail Limited (ABFRL), India’s leading fashion company, today announced its plans to set up a platform for foraying into the Direct to Consumer (D2C) business. The Board of directors of the Company in their meeting today provided an omnibus approval to set up a new subsidiary towards building a portfolio of distinct, new-age, digital brands across categories in fashion, beauty and other allied lifestyle segments.  The D2C portfolio will be built through organic and inorganic means. This venture will initially be funded through ABFRL’s internal accruals. At an appropriate time, the company will look to bring in external capital to accelerate the growth journey. The D2C market opportunity in India is expected to be $100bn by 2025. 

The newly incorporated entity will organically incubate and also acquire promising and scalable D2C brands. Other than providing growth capital, ABFRL’s proposition is built around its strong operational expertise where it will utilize its rich experience and capabilities to scale up this portfolio.  

Commenting on the move, Mr. Ashish Dikshit, Managing Director, ABFRL said, “We are excited about the D2C opportunity in India. At ABFRL, we want to build the next set of iconic brands in the digital space as we evolve with our changing consumers. Leveraging our core capabilities around design, product creation, sourcing and brand building that have enabled us to create some of India’s most loved fashion brands in the offline space, we now wish to craft a blockbuster portfolio in the digital space as well. We are confident that this foray will successfully meet the aspirations of digitally native customers and also create long-term value for investors and other stakeholders.” 

The company will now accelerate the process of building the D2C framework and identifying key talent for this play.  ABFRL will look to tap into the broader tech ecosystem and collaborate effectively with its ecommerce partners, tech service providers, digital marketing agencies to scale this business rapidly. 

Friday, February 4, 2022

RattanIndia Enterprises Appoints Mr. Chandramouli Venkataraman As CEO Of CocobluRetail - Its Online Retail


RattanIndia Enterprises Ltd. is pleased to announce the appointment of Mr. Chandramouli Venkataraman as Chief Executive Officer ofCocoblu Retail Ltd. Cocoblu is 100% wholly owned subsidiary of RattanIndia Enterprises Ltd. and engaged in business of online retail on E-commerce platforms in India.

Mr. Chandramouli Venkataraman is a proven leader in e-retail in India. Prior to joining Cocoblu Retail, Mr. Venkataraman helmed the position of Category Leader, Cloudtail India. An alumnus ofprestigious IIT Madras and IIM Lucknow, Mr. Venkataraman has over two decades of experience in retail sector with expertise in leading and scaling up businesses across diverse categories such as consumer electronics, fashion, lifestyle and paints at the pan-India and pan-Asia levels.

Mr. Chandramouli Venkataraman

Mr. Venkataraman has an impeccable record in retail industry having held various leadership positions including as COO of Sara Futura Retail where he established their lifestyle retail business unit with a bouquet of lifestyle brands such as Ruosh&Florsheim. He was previously the Brand Director of Arrow at Arvind Lifestyle Brands Limited where he led the business for Arrow for the India, South Asia, Middle East and Africa. Mr. Venkataraman has worked in various capacities in leadership positions in Nokia in India and Singapore. Mr. Venkataraman also had a successful stint in key role in Asian Paints.

Anjali Rattan, Business Chairperson of RattanIndia Enterprises said “We are glad to have an exceptional retail leader, Mr. Venkataraman join us as CEO of Cocoblu Retail. He is a proven leader in online retail in India. Online retailing is transforming the way India purchases and consumes. I am sure under his leadership, Cocoblu will emerge as one the largest online sellers in the country.”  

Commenting on his appointment, Mr. Chandramouli Venkataraman said, "I am happy and excited to lead the online retail business for RattanIndia Enterprises. Online retail is a high growth area of the economy and will positively impact lives of a not just billion plus Indian consumers but also transform theIndian MSME sector and help them scale up their brands and reach their true potential through digital channels. I am sure Cocoblu will be at the forefront of this transformation.”

Bharat Asmita National Award 2022 Conferred On Eminent Dignitaries By MIT World Peace University


* 18th Edition Of Bharat Asmita National Awards Recognizes Luminaries In Diverse Field

18th Bharat Asmita National awards by MIT World Peace University, Pune and MIT School of Government, Pune was awarded to Mani Ratnam-Acclaimed Filmmaker, Shankar Mahadevan- Acclaimed Music Composer, Dr Krishna Ella - Founder, Bharat BioTech; Gaurav Gogoi - Member of Parliament, Lok Sabha; Prof. Kavil Ramchandran - Professor of Entrepreneurship;  and Shereen Bhan - Noted journalist. 

The award ceremony was held on February 3, 2022, in virtual mode. The Bharat Asmita National Awards are meant to recognize the selfless and committed feats of leaders from the field of Management Education, Journalism & Mass Media, Film & Direction, Lyrics, Singing & Music, Science & Technology, Politics and Lifetime Achievement.

Shri Rahul V. Karad, Founder of Bharat Asmita National Awards, who is also the Managing Trustee & Executive President of MAEER’s MIT and Executive President of MIT World Peace University & Chief Initiator of MIT School of Government, said, “Our institution remains committed not only for the academic excellence but also to the character building and to channelize the energy of young minds for nation building exercises. By instituting and conferring these awards we are trying to inspire and instil the sense of Bharat Asmita (National Pride) in the youth so that they follow the footprints of luminaries like these who are awarded with such honours.”

Prof Dr Vishwanath D Karad, Founder & Chief Patron, MAEER’S MIT, said, “Bharat Asmita Award gives us an encouragement that discipline and character building is our mission and we should strive to make Mother India the Vishwa Guru by making the world understand about the making of this universe.”

Dr Krishna Ella, Founder of Bharat Biotech and recipient of the Best Use of Science & Technology Through Innovation Award, said, “Teachers of today should focus on creating role models for the kids and should not be partial or complicate education for children. Every kid that we are educating will be in a powerful position tomorrow, so we must be careful of what we teach them. Each one of us can solve every problem that exists in the society so we must focus on how each one of us can be an entrepreneur and innovator but we must have the passion to be the change.”

Shri Shankar Mahadevan, Acclaimed Music Composer and recipient for the Best Use of Lyrics Music/ Singing, said, “Focused on quality and bringing about good music to the world. Music is the highest form of communication. Being blessed with music is an achievement of the highest order. The sheer aesthetic history of Indian Classical music makes it great and we need to promote it in a better manner. We need to create a world-class academy that imparts learning in Indian Classical Music.”

Shri Mani Ratnam, Acclaimed Filmmaker and recipient for the Best Use of Film/Direction Award, said, “Learning whatever education gives you and using it in whatever profession you choose to be in, is as effective and as important as anything. Just because it is cinema doesn’t mean it doesn’t need education. Education is absolutely essential to any form of art. This award is a signal for me to do more good work in cinema. It is an acknowledgement for the entire team that has worked in a film.”

Shri Gaurav Gogoi, Hon’ble Member of Parliament, Lok Sabha (INC, Kaliabor, Assam), Deputy Leader of INC in Lok Sabha and the recipient for the Best Young Exponent of Parliamentary Practises, said, “We are at a transition stage for a greener, technology integrated society and as we transition, it’s very important to set ourselves on the right trajectory. The world will continue to change but the basic values should not change and the society should collectively try to be more patient”

Prof. Kavil Ramachandran, Professor of Entrepreneurship, Indian School of Business and recipient for the Best Teacher in Management Award, said, “Gandhi’s principles on trusteeship and Swami Vivekanand’s value of selfless karma is the guiding force of my life’s work. Institutions like MIT WPU are bringing in waves of a new change in society through their thought leadership and will create the leaders of tomorrow who will inspire generations to come.”

Smt Sheeren Bhan, Noted Journalist and recipient for the Best Use of Mass Median Award, said, “When passion and purpose combine, magic is created. Our role in the media is to inform, educate and inspire and hold people in positions accountable. We must be mindful of not disseminating unverified news and be conscious of not creating a sense of panic while not sugar coating the truth”

Padma Bhushan, Dr Vijay P. Bhatkar, Educationist & Chancellor of Nalanda University and Father of PARAM (Super Computer of India), said “Bharat Asmita Award is a great knowledge conference and identifies people who must be celebrated because of their inspirational contribution. Asmita identifies it as the signature of India, the first knowledgeable civilisation of the world. Today is a great day to celebrate and establish a new culture of education and synthesis of science & spirituality.”

Bharat Asmita National Awards was conceived in 2005 by MAEER’s MIT Group of Institutions, Pune by Rahul Karad in order to inspire many a generation of management gurus, people involved in mass awakening and people in the forefront of Indian Parliamentary Practises for their meaningful contribution in the process of Nation Building.

About MIT WPU

MIT Group of Institutions was established in the year 1983 by Dr. Vishwanath. D. Karad, Founder President, MIT Group of Institutions. Since then, the MIT Group of Institutions has grown exponentially and has made a strong impact in the field of education throughout India. Today, the MIT Group provides education in the fields of Engineering, Medicine, Pharmacy, Marine Engineering, Insurance, Distance Education, Telecom Management, Lighting, Design, Food & Technology, Retail Management, Masters in Business Administration, School of Governance, School of Education and Hospitality Management.

MIT-WPU’s multidisciplinary approach towards providing a premium quality educational experience to students is what makes it one of the best private universities in the country. They implement well-researched WPU methods, which bring about a perfect balance of an academic framework reinforced through experiential learning.

To know more, visit -  MIT World Peace University

About Bharat Asmita National Awards (https://www.bharatasmita.com/)

Bharat Asmita National Awards was incepted in 2005 by MAEER’s MIT Group of Institutions, Pune, in order to inspire many a generation of management gurus, people involved in mass awakening and people in the forefront of Indian Parliamentary Practises for their meaningful contribution in the process of Nation Building. Bharat Asmita National Awards is regarded as one of the highly prestigious awards of the country and has augmented manifold in terms of reputation and stature since its inception in 2005. The board of trustees of MAEER and the Awards Selection Committee have collectively and consciously strive to maintain high standards in their humble endeavour to recognize the exemplary work people have done to add meaningful contribution towards nation-building. As a standard practice, the committee invites more than 15,000 nominations from all sections of the society, which include members of the Union & State cabinets, Members of Parliament, Legislative assemblies & Councils of different states, Bureaucrats, Judiciary & Media Teachers of management Institutions, Film & entertainment fraternity, Writers, NGOs amongst others.

Singapore Tourism Board Launches Safe Itinerary Guide And “Experience Singapore!” Compendium For Travel Planners


* The guide showcases new experiences in Singapore, and help inbound visitors navigate health and safety requirements in Singapore

The Singapore Tourism Board (STB) and five tourism industry associations in Singapore have announced the launch of the Safe Itinerary Guide and “Experience Singapore!” Compendium, which provides safe travel guidelines and itineraries for the tourism sector as Singapore prepares to welcome more international travellers.

These two resources aim to help the industry design and deliver innovative experiences that are in line with new traveller demands, and are the result of private-public partnerships between STB and the National Association of Travel Agents Singapore (NATAS), Association of Singapore Attractions (ASA), Singapore Association of Conventions & Exhibition Organisers and Suppliers (SACEOS), Singapore Hotel Association (SHA) and Society of Tourist Guides Singapore (STGS).

The Safe Itinerary Guide provides strategies to help tourism businesses better understand their consumers, so that they can personalise travel itineraries based on traveller profiles. It also outlines how businesses can design safe and engaging visitor journeys, while highlighting key capabilities such as data analytics and design thinking, which are needed to respond to future challenges. For example, tourism businesses are encouraged to explore cross-sector partnerships with healthcare providers to give travellers added assurance during their travels, or gamify their offerings to keep travellers engaged.

The “Experience Singapore!” Compendium consists of tourism and lifestyle offerings for leisure and business travellers across various price points and interests. For example, visitors looking to satisfy their wanderlust can take part in an aviation experiential workshop or explore landscapes around the world with a virtual reality flight simulator. Art enthusiasts can interact with art pieces by renowned artists through augmented reality while those seeking a more exclusive experience can take part in back-of-house tours. Some of these experiences have already been incorporated by the providers into itineraries for visitors coming to Singapore via the Vaccinated Travel Lanes (VTLs).

Speaking about this latest development, Mr. GB Srithar, Regional Director, IMESA (India, Middle East & South Asia), Singapore Tourism Board said, “As Singapore moves towards living with COVID-19 and cautiously reopens its borders to more visitors, it is imperative for the tourism industry to adopt practices and measures that establishes Singapore as a safe travel destination. Moreover, with various health and safety requirements and changes in consumer behavior, the STB together with our tourism partners have a role to play in helping visitors navigate travel and safety requirements. The two resources enable stakeholders to design travel itineraries that add value and reduce friction for their customers. The “Experience Singapore!” Compendium will be particularly useful for our travel trade partner-friends in India to better understand the travel offerings available and present these to their clients as they plan their travel to our city.”

The Safe Itinerary Guide and “Experience Singapore!” Compendium can be downloaded from the Travel Related Users’ System (TRUST) website (https://trust.stb.gov.sg).

About Singapore Tourism Board

The Singapore Tourism Board (STB) is the lead development agency for tourism, one of Singapore’s key economic sectors. Together with industry partners and the community, we shape a dynamic Singapore tourism landscape. We bring the Passion Made Possible brand to life by differentiating Singapore as a vibrant destination that inspires people to share and deepen their passions. For more information, visit www.stb.gov.sg or www.visitsingapore.com or follow us on Twitter @STB_sg (https://twitter.com/stb_sg).

LTI’s Brand Value Crosses $1 Billion; Ranks Among Top 25 Most Valuable IT Services Brands Globally

 
Larsen & Toubro Infotech (BSE code: 540005, NSE: LTI), a global technology consulting and digital solutions company has consolidated its position as one of the fastest-growing IT Services brands of the year, as per the latest report by leading brand valuation and strategy consultancy firm, Brand Finance. LTI has been ranked 22 among the top 25 most valuable IT services brands in the Brand Finance IT Services 25 2022 ranking.

LTI’s brand value reached $1.1 Billion, and its brand strength has increased to 67/100.The report highlights exceptional growth of 83% in LTI’s brand value since 2020. The research from Brand Finance noted that LTI has consistently delivered growth year-on-year and shows no signs of slowing down. LTI’s brand value is rising quickly within a highly competitive space and the company is fast becoming one of the most exciting brands in the sector.

Sanjay Jalona, CEO and Managing Director, LTI, said, “We are proud and inspired by this recognition from Brand Finance. It is our relentless focus on customer satisfaction that facilitated this exponential growth in LTI’s brand value while earning respect and distinction as a world leading IT services brand. We will continue to strengthen brand LTI through our technology expertise, our unique culture beginner’s mind, and by being a good neighbor in the communities that we operate in.”

David Haigh, Chairman and CEO of Brand Finance, said, "LTI's brand has grown by a phenomenal 83% over the past two years, which is especially impressive given the turbulence in the market due to Covid-19. It is clear that top talent and management is steering the brand to becoming a Tier 1 competitor in the IT Services space. "Let's Solve" is a fresh perspective on the idea of partnership in an ever more intricate and tech-dependent economy. We are excited to see what lies next for the LTI brand."

LTI brand was launched in May 2017, on the heels of LTI going public and since then has made a unique place for itself. Delivering industry-leading growth, speeding, and scaling up innovations, impressive execution of its digital capabilities, and a commitment to stakeholder value creation have made LTI the preferred digital transformation partner for its clients.

Brand Finance is the world’s leading brand valuation consultancy, and its annual rankings are considered to be one of the most sought after by corporates. The rankings involve a rigorous process mainly comprising brand loyalty rate and brand strength index. For valuating brand loyalty rate, they conduct a search for comparable license agreements within the industry to determine a suitable royalty rate range, followed by a comparison with margin analysis of firms operating in the industry under consideration. The brand strength index includes evaluating and benchmarking the brand against competitors in its sector. The three key pillars for this evaluation are brand investment, brand equity, and brand performance.

About LTI:

LTI (NSE: LTI) is a global technology consulting and digital solutions Company helping more than 475 clients succeed in a converging world. With operations in 33 countries, we go the extra mile for our clients and accelerate their digital transformation journeys. Founded in 1997 as a subsidiary of Larsen & Toubro Limited, our unique heritage gives us unrivalled real-world expertise to solve the most complex challenges of enterprises across all industries. Each day, our team of more than 40,000 LTItes enable our clients to improve the effectiveness of their business and technology operations and deliver value to their customers, employees and shareholders. Find more at http://www.Lntinfotech.com or follow us at @LTI_Global.

AXISCADES, AAA Awarded As Engineering, Manufacturing Engineering And Services Strategic Suppliers By Airbus


AXISCADES Technologies Ltd. & AAA (Assistance Aeronautique & Aerospatiale), leading solutions-oriented technology companies serving global OEMs on overall product improvements has secured a multi-year contract renewal from Airbus and has been recognized as a preferred supplier to Airbus EMES3 (“Engineering, Manufacturing Engineering, and Services Strategic Suppliers”).

AXISCADES with strong capabilities in the engineering and customer services area, and AAA with an excellent track record and competencies in the manufacturing engineering and manufacturing area, jointly intend to leverage and deliver their services to the entire product life cycle with digitization as the key enabler. The collective services provided by AXISCADES & AAA as distinguished EMES3 suppliers will cover all Airbus divisions, subsidiaries, and affiliates across the globe and deliver technical solutions in all Engineering, Manufacturing Engineering, and Customer Services functions.

Together AXISCADES and AAA aim to leverage their mutually supplementing expertise to address Airbus’ global strategic needs in a comprehensive and holistic manner. The partnership represents the combined strength of AXISCADES, and AAA committed to provide technical expertise, operational excellence, global footprint and enhanced value creation abilities aligned to Airbus’ requirements and plans.

Commenting on the announcement, Mr. Sudhakar Gande, Board Member AXISCADES said: “AXISCADES is very proud and delighted to be selected as preferred EMES3 supplier to Airbus, a leading aircraft manufacturer. This recognition will further deepen and strengthen our long-term relationship. Having worked in the Aerospace domain for over a few decades, our engineers have a unique understanding and appreciation of the challenges and opportunities in the industry. Our team’s excellent understanding of tools & processes will support our client Airbus to reduce risk, to improve operational efficiency and to deliver highest quality in a cost-effective way. This is truly a prestigious win for us, and we are all set to deliver enhanced value to Airbus along with our partner AAA.”

Mr. Cedric NOUVELOT, General Manager AAA said: “For more than 30 years AAA has been a partner to AIRBUS and deeply involved in all Manufacturing Engineering Activities. AAA is very proud to have been awarded with his partner AXISCADES to the new referencing EMES3 which will further deepen and strengthen the long-term customer relationship. Our combined technical skills with an excellent understanding of Airbus processes will enable us to engage delivery in accordance with Airbus expectations. This is a prestigious win for AAA and AXISCADES and we are excited to deliver value in improving operational efficiency”

About AXISCADES Technologies Limited

AXISCADES (listed on the BSE and NSE) is a leading, engineering solution providers company enabling innovative, sustainable and safer products worldwide. Headquartered in Bangalore with subsidiaries in USA, UK, Canada, Germany, India and China; and offices in Germany, France, Denmark, USA and Canada.

AXISCADES has a diverse team of over 2000 engineers working across 16 futuristic Global Engineering Centres across North America, Europe, UK and Asia-Pacific, striving to reduce the program risk and time to market. The company offers Product Engineering Solutions across Mechanical Engineering, Embedded Software and Hardware, Digitisation and Automation, System Integration, Tech Solutions, Manufacturing Engineering, Technical Publications and Aftermarket Solutions.

The engineering solution portfolio covers the complete product development lifecycle from concept evaluation to manufacturing support and certification for Fortune 500 Companies & their supply chain in the Aerospace, Defense, Heavy Engineering, Automotive, Medical Devices & Industrial Product industries. The company is known for its robust system of certifications and best practices that address customer requirements and domain expertise.

More information: www.axiscades.com | LinkedIn: @ AXISCADES

Ab   About AAA- ASSISTANCE AERONAUTIQUE & AEROSPATIAL

AAA, privately held company with its headquarters in Paris, France, is a key player in the aerospace industry for on-site operations, working on all civil, military and business aircraft, and during their whole product lifecycle.

AAA performs as a major on-site service provider the following activities: industrial production and assembly, manufacturing engineering, industrialization, Final Assembly Line (FAL) services, FAL integration, flight line services, Out Standing Works (OSW) & Out Located Works (OLW), quality conformance management, quality inspection, airlines services and Maintenance, Repair & Overhaul (MRO), at customer facilities worldwide or within our factories.

OPPO Launches Reno7 Series Redefines Smartphone Videography With Breakthroughs In Sensors, Camera Algorithm & Design


* Unveils world’s first exclusive Sony IMX 709, and Sony’s flagship IMX 766 camera sensors.

* Reno7 Series sports proprietary aircraft-grade LDI technology that allows for a starry finish yet matte feel; is fingerprint and scratch resistant

* Crisp photography and smooth multi-tasking with Reno7 Pro’s customized MTK Dimensity 1200 MAX

* ColorOS 12 sports futuristic UI design, vivid Omojis, and new security features

OPPO, the leading global smart device brand, announces the launch of OPPO Reno7 Pro 5G and the OPPO Reno7 5G. Priced at INR 39,999,  the “Portrait Expert” Reno7 Pro 5G will be available across online and mainline retailers, while the all-rounder Reno7 5G will be available on Flipkart at INR 28,999.

Unleashing Unlimited Potential in Portrait Photo & Video

Like its predecessors, the Reno7 series sets a new benchmark in smartphone portrait photography and videography. The OPPO Reno7 Pro’s 32MP selfie camera is backed by the IMX709, an RGBW (Red, Green, Blue, and White) sensor that was jointly developed by Sony and OPPO. It is 60% more sensitive to light and reduces noise by 30% when compared to the traditional RGGB (Red, Green, Green and Blue) sensor found on the Reno6 Pro. Its rear camera setup includes the flagship-grade 50MP Sony IMX766 sensor. Additionally, the Reno7 series leverages proprietary AI algorithms and imaging features such as:

* IMX766 SensorAI Highlight Video that detects ambient light in a scene and optimizes camera settings accordingly. With its 3D LUT (3D Lookup Table) color-tuning algorithm, it provides accurate colour tuning to enhance skin tones and make subjects stand out in portrait videos

* Bokeh Flare Portrait Video  that captures portrait videos with Bokeh light spots in the background just like a DSLR camera. On the Reno7 series, Bokeh Flare Portrait Video has been updated to further enhance skin tone especially in dark environments

* Portrait Mode intelligently applies a depth-of-field effect to the image background, including Bokeh light spots to make portrait subjects stand out. Users can choose from 25 adjustment levels to create realistic portrait photos.

Talking about the Reno7 Series Damyant Singh Khanoria, Chief Marketing Officer, OPPO India, said, “Technological innovations lie at the very core of OPPO’s product development. We aspire to set new benchmarks with our innovations in portrait videography and photography and are thrilled to announce the launch of our Reno7 series. Whether you are a new-age creator who wants a superphone that takes the guesswork out of shooting great photos and videos, or just someone who wants a sleek and stylish smartphone, the Reno7 Series is for you.” 

Stunning design with industry-first aircraft-grade LDI technology & OPPO Reno Glow

Graphical user interface, website

The OPPO Reno7 Pro 5G comes with a durable aluminium frame, but the rear of  both devices in the series sport the refined OPPO Glow design that has been enhanced with proprietary aircraft-grade Laser Direct Imaging (LDI) technology.

LDI, which is used to design PCBs in the aviation industry, has been repurposed to create 1.2 million micro etchings—just 20 microns in width—across the surface of the handset’s back cover. It creates a visual and textural illusion of shooting stars that shine and fade into the black galaxy as you hold up the phone in the light. These micron-scale etchings give the devices a matte in-hand feel and brushed finish on top of the OPPO Glow layer. 

The Reno7 Pro also uses 3D "breathing" lights around the camera module where a 1mm diameter fibre is bent to frame the camera area. Whenever the phone receives a call, message, or during charging, the fibre emits soft, pulsating lights.

OPPO has also re-envisioned the rear camera module. In its new Twin Moon Camera design, the upper half is decorated with metal and the lower half is coated with ceramic to provide a contrasting but premium appearance. The Reno7 series handsets come with 2.5D glass applied to both the front and back of the phones to give minimal look. Additionally, The Reno7 Pro is the slimmest Reno ever measuring just 7.45mm, with a total weight of 180g. On the other hand, Reno7 is 7.81mm thin and weighs 173g.

MediaTek chipsets for power-packed Experience

A picture containing text, electronics

Description automatically generatedThe OPPO Reno7 Pro 5G takes smartphone performance a notch higher with its exclusively customized 5G chipset - MediaTek Dimensity 1200 MAX. This SoC packs an ARM Cortex-A78 core with up to 22% faster CPU performance while also being 25% more power-efficient than the previous generation. Thanks to MediaTek’s Open Resource Architecture, OPPO has incorporated AI Deblur technology into the chipset. This proprietary deblurring algorithm sharpens faces in portraits affected by hand-held shaking. Additionally, the AI-PQ (picture quality) feature baked into the SoC enhances colour and contrast in HDR videos. It uses artificial intelligence to distinguish the subject matter on the screen—whether people, food, grass, sky, buildings, etc—and then uses different colours, sharpness, and other display effects for optimum output. 

The Reno7 5G is powered by MediaTek Dimensity 900 5G SoC, but like the MediaTek Dimensity 1200 MAX, it is built using the 6nm process for greater power-efficiency. The Reno7 series comes with OPPO’s proprietary RAM Expansion technology that allows you to run multiple memory-heavy apps with zero lag, and you also get enhanced connectivity.

The series comes with other features like 65W SuperVOOC flash charge that allows you to juice the phone’s 4500mAh battery to 100% within half an hour; also, just a 5-minute charge is enough to give users 4 hours of movie playback. For an immersive gaming experience, a top-of-the-line X-Axis Linear Motor has been added. In both devices, the AI Frame Rate Stabilizer evaluates the frame rate in real-time and provides stabilization accordingly to ensure smooth gameplay.

With Reno7 Pro 5G, customers will get 256GB storage and 12GB RAM. OPPO’s RAM Expansion technology which allows users to borrow an additional 3GB/5GB/7GB from storage capacity to work as RAM in extremely demanding conditions. That said, the Reno7 Pro’s 12GB RAM is more than adequate to handle modern-day smartphone tasks such as heavy-duty photo-editing or 3D gaming. 

Operating with Ease on the User-friendly ColorOS 12

The Reno7 series comes with OPPO’s new ColorOS 12 (based on Android 12). Page layouts and interactions in ColorOS 12 have been revamped to offer a clean and uncluttered UI. It also includes anti-peeping notifications for privacy where notification content is hidden if the phone detects someone else looking at your screen when messages pop up. In a first, ColorOS 12 offers Omoji that is boosted by OPPO's leading Face Capture algorithm. This feature allows users to express themselves through their personalized emoji avatar.

IoT Portfolio

IOTOPPO’s IoT portfolio, dubbed ‘Smart Life’, boasts cutting-edge technology that is created to meet the users articulated needs. As part of this vision, OPPO launched its Enco M32 neckbands in black earlier this year and is now all set to unveil a new green colour variant. The Bluetooth neckband earphones boast 20 hours of non-stop music playback with just 10 minutes of quick charge, an AI call-noise-reduction algorithm, an IP55 rating for water and dust resistance, and 10mm drivers. 

OPPO also announces the launch of its new smartwatch, the OPPO Watch Free, with a sleep monitoring feature “OSleep” that not only rates your quality of rest but also helps you understand your risk of sleep apnea.

Price, Availability, Offers of OPPO Reno7 Series & IoT

The Reno7 Pro 5G will be available on both online and mainline retailers, priced at INR 39,999 while the Reno7 5G will be available on Flipkart at INR 28,999. Customers can choose between two color variants Startrails Blue and Starlight Black for both devices. While purchasing the device, customers can avail interesting offers with all the top banks as well as benefits of OPPO Premium services. More details are to be revealed soon. Along with Reno7 devices, customers can also get their hands on the new green variant of the Enco M32. The device is priced at INR 1,799 starting 9th February 2022 across leading e-commerce platforms and OPPO store. The same can be purchased at a discount of INR 300 between 9th February and 11th February 2022 as part of introductory offers.

Accenture Names Manish Sharma As Chief Operating Officer; Yusuf Tayob To Become Group Chief Executive — Operations


* Current COO Jo Deblaere to retire after remarkable 38-year career at Accenture

Accenture (NYSE: ACN) today announced changes to its executive leadership team, naming a new chief operating officer and a new group chief executive of its Operations service. Each of these leaders exemplify Accenture’s Leadership Essentials.

Manish Sharma has been named chief operating officer, effective March 1, 2022, with responsibility for leading the company’s business operations and executing business strategy, protecting the company’s people and infrastructure and ensuring operational excellence, which includes the ongoing digital transformation of Accenture. Sharma most recently served as group chief executive — Operations, overseeing a comprehensive intelligent operations portfolio. Sharma also led the development of Accenture’s SynOps platform, which orchestrates the optimal combination of human + machine talent, driven by AI, data and insights, to create an evolved, intelligent operating model to deliver targeted business outcomes. A strong advocate for inclusion and diversity, Sharma has played a key role in fostering gender equality in Operations. Sharma founded the Accenture Rural program, through which Accenture partners with small business process services firms in rural areas in India. He and his wife also have established a trust that focuses on children’s education in India. Sharma is a 27-year veteran of Accenture and a member of the company’s Global Management Committee.

“Manish brings enormous expertise and extensive knowledge of what our clients need and how to digitally transform,” said Julie Sweet, chair and CEO of Accenture. “In his new role, Manish’s client centricity will continue to build our shared success with our clients as we help them transform every area of their businesses, and his commitment to inclusion and diversity will further strengthen our effort to create 360° Value for all our stakeholders.” 

Jo Deblaere, who has served as chief operating officer since 2009, will continue in the position until March 1, 2022, and plans to retire on September 1, 2022, after a remarkable 38-year career at Accenture. Among his many accomplishments as COO, Deblaere led the evolution of Accenture’s corporate investment and acquisition strategy for a decade. He helped design and implement two major operating model transformations; led the digitization of Accenture, which is now over 95% in the cloud and uses leading cloud-based software applications in all parts of its enterprise; created the company’s information security function; and, he developed leading enterprise risk management and business continuity programs. In addition, he served as group chief executive of Europe. Deblaere was active with Junior Achievement for many years, chairing the Board of Directors of Junior Achievement Europe and serving as a board member. Most recently, Deblaere joined the board of a non-profit hospital in his hometown.

“I am deeply grateful for the tremendous impact that Jo has made in his nearly four decades at Accenture, and for the essential role he has played in our evolution during one of the most transformative periods in our history,” said Sweet. “I want to particularly recognize Jo’s critical contributions during the pandemic — his leadership in business resilience and in-depth knowledge of how Accenture operates helped us move quickly, provide our clients with seamless service, and protect our people.”

Yusuf Tayob has been named group chief executive — Operations, effective March 1, 2022. Currently, Tayob is market unit lead for the US Midwest. Before his current role, he ran the Accenture Salesforce Business Group, a team of Accenture people who lead complex digital transformations and, previously, led Accenture’s Northeast and Southeast business for the Communications, Media & Technology industries. During his career with Accenture, Tayob has worked with over 100 client organizations in over 20 countries, bringing extensive experience in business strategy, operating model change, business process optimization and large-scale technology implementation. He serves on the Board of Directors of the T. Howard Foundation, promoting diversity in media, entertainment and tech industries. Tayob is a member of Accenture’s Global Management Committee.

“Yusuf brings a broad, diverse set of experiences and skills to one of our most innovative services,” said Sweet. “As our clients continue to create the tech-enabled, future-ready enterprise, Yusuf will help us realize opportunities to build on our momentum in Operations, continue to diversify into new functional and industry services and bring together the full expertise of Accenture to innovate for our clients.” 

Pidilite Limited Industries Recognized By Great Place To Work Among India’s Best Workplaces In Manufacturing 2022!


Pidilite Limited Industries has been recognized by Great Place to Work® India among -Top 30 India’s Best Workplaces in Manufacturing 2022! This recognition reflects every employee who reposes their faith in Pidilite and make us who we are today and brings life to our vision to be a “World Class High-Performing Indian Multinational where it is a Pleasure to Work”.

As a global authority on workplace culture, Great Place to Work® has been studying employee experience and people practices across organizations for over three decades. Every year, more than 10,000 organizations from over 60 countries partner with Great Place to Work® Institute for assessment, benchmarking, and planning of actions to strengthen their workplace culture.

In its 5th edition this year, 132 organizations in the Manufacturing sector undertook this assessment. Based on a rigorous evaluation we have identified the Top 30 organizations among India's Best Workplaces in Manufacturing 2022. These organizations excel both on people practices that they have designed for their employees and act on the feedback to create a High Trust Culture.

Speaking on Pidilite being recognized as a Top 30 organizations among India’s Best Workplaces in Manufacturing 2022, Bharat Puri, MD, said, “This recognition reflects the views of every employee who reposes their faith in Pidilite and make us who we are today and brings life to our vision to be an Innovative, High-Performing Indian Multinational where it is a Pleasure to Work. As an organization we take pride in this moment, in true tradition we seek constant improvement to scale to even greater heights as we live our dream of Growing Stronger Together.”

The report and the complete list (in alphabetical order) of India’s Best Workplaces in Manufacturing 2022 can be viewed here.

Learn more at https://www.greatplacetowork.in/ and on LinkedIn, Twitter, Facebook and Instagram.

About Pidilite

Pidilite is a consumer centric Company committed to quality and innovation. For decades, it has been pioneering products for small to large applications, at home and industry, which have forged strong bonds with people from all walks of life.

From adhesives, sealants, waterproofing solutions and construction chemicals to arts & crafts, industrial resins, polymers and more, the Company’s product portfolio is as diverse as it is ever evolving. Today, its brands like Fevicol, Fevikwik, Dr. Fixit are trusted household and industrial names, and it is the market leader in adhesives.

A robust and growing network makes Pidilite products accessible across demographics and geographies. The Company has an annual turnover of ~Rs. 7300 Crore and employs over 6,000 people as part of its workforce.

Godrej Industries Ltd. Valia Plant, Gujarat Becomes First Chemical Manufacturing Facility To Achieve GreenCo Platinum Rating


* Godrej Industries now aims to achieve carbon neutrality, water neutrality and zero waste to landfill for this facility by 2026.

Godrej Industries Ltd. (Chemicals) has set a new benchmark by becoming the first chemical manufacturing company in the country to achieve a ‘GreenCo Platinum’ rating. The award was conferred by the CII-Sohrabji Godrej Green Business Centre (CII-Godrej GBC) for the company’s manufacturing facility in Valia (Gujarat) under GreenCo (Green Company Rating System). 

The GreenCo Rating System is envisioned to create a green movement in the country. The rating is based on ten key parameters- energy efficiency, water conservation, product stewardship and life cycle assessment, innovation, waste management, green supply chain, material conservation and recycling, green infrastructure and ecological, renewable energy, GHG emissions. It assesses and analyses the environmental impact of a company’s operations and points are assigned for each rating parameter after site assessment. 

In alignment with the Godrej ‘Good and Green’ objectives, in the last ten years, the facility has cut its specific energy consumption by 26%, water usage by 30% and reduced specific greenhouse gas (GHG) emissions by 46%. Its reliance on fossil fuel for steam generation has also reduced by more than 90% during the same period. Currently, 48% of the energy used in the facility are from renewable sources. Godrej Industries now aims to achieve carbon neutrality, water neutrality and zero waste to landfill as a group by 2026. 

On receiving the honour, Nitin Nabar - Executive Director & President (Chemicals) said, “This is a huge step forward in our quest for sustainable growth. It is the outcome of the team’s strong devotion and hard work. We will continue our efforts towards achieving circular economy objectives through process reengineering, innovation, green chemistry, and clean technologies. We also urge our suppliers to embrace our sustainable procurement policy and improve the ESG performance in their operations to achieve the joint long-term goal of achieving sustainable growth.”

K S Venkatagiri, Executive Director - CII Godrej GBC, added, “The continual, earnest efforts of Godrej Industries Limited, [at] Valia has earned them the GreenCo Platinum certification. With an all-rounded performance ranging from renewable energy to new technology deployment, GIL Valia along with Godrej group aims to achieve carbon neutrality, water neutrality and zero waste to landfill by 2026. We are extremely delighted to welcome Godrej Industries Limited, Valia, into the GreenCo fraternity once again.”

About Godrej Industries

Godrej Industries (Chemicals) is one of the oldest businesses of the Godrej Group, and is in the business of manufacturing oleo chemicals, derivatives and surfactants in India since 1963. Today, it is one of India’s leading oleochemicals players and exports to over 80 countries in North and South America, Asia, Europe, Australia, and Africa, etc

As a part of Godrej Good & Green, it is deeply committed to building a more inclusive and Greener India. In line with this, the company has made sustainability a key part of its manufacturing process and value chain. Its relentless focus on energy conservation has been consistently recognised by several industry bodies such as the Federation of Indian Chambers of Commerce and Industry (FICCI), Indian Chemical Council (ICC) and Confederation of Indian Industry (CII). 

In 1990, Godrej Industries set up their flagship manufacturing facility at Valia in Gujarat spread across 140 acres. This integrated manufacturing plant is ISO 50001:2018, ISO 9001:2015, ISO 14001:2015, and ISO 45001:2018 certified, and all products manufactured are Kosher certified. The business has another manufacturing facility in Ambernath, Maharashtra which is also ISO 9001:2015, ISO 14001:2015 and ISO 45001:2018 certified.

Both of the facilities have earned several industry honours and accolades for its Green initiatives.

Garware Hi-Tech Film Lists On The National Stock Exchange (NSE)


* Move aimed at increasing Investor participation & enhancing Shareholder value  

Garware Hi-Tech Films Ltd. (formerly Garware Polyester Ltd.), the flagship company of Garware Group and a leading player in specialty Polyester Films in India and Worldwide today listed its shares on the National Stock Exchange (NSE). Prior to today company’s shares were listed solely on the Bombay Stock Exchange (BSE).

Speaking on occasion of the listing ceremony at NSE, Ms. Monika Garware, Vice-Chairperson and Jt. Managing Director, GHFL said “After launching new product lines, re-branding our products and changing company’s name to align with our new vision and growth strategy, the next logical step was to list on NSE, India’s premier stock exchange. Listing on NSE shall provide an additional platform for new investors to participate in GHFL’s growth journey, increase investor participation and enhance value for all shareholders.”  

About Garware Hi-Tech Films Limited

Garware Hi-Tech Films Limited (formerly Garware Polyester Ltd.) (BOM: 500655) is the flagship company of the Garware Group co-promoted by the Chairman and Managing Director Mr. S.B. Garware in the year 1957 along with the Founder-Chairman Late Padmabhushan Dr. B. D. Garware. The company makes Hi-Tech specialty performance polyester Films in India and has its State-of-the-Art manufacturing facilities at Aurangabad in Maharashtra, India. GHFL is the pioneer and one of the largest exporter of Polyester Films in India and the winner of top exporters’ awards for continuous 33 years from PLEXCOUNCIL.

Garware Hi-Tech Films Ltd.’s (GHFL) manufacturing facility in Aurangabad is vertically integrated, from manufacture of polyester chips to the finished product of polyester films with four independent manufacturing lines and a business that spans the globe.  Polyester Films are used for variety of end-applications such as PET Shrink films for Label application, Low Oligomer PET films for insulation of hermetically sealed compressors motors, Electric motor insulation and cable insulation, sequin application films, TV and LCD screen application, Packaging applications etc. GHFL is also the market Leader and India’s only manufacturer of Sun Control window films for Building, safety and auto applications. The company has facilities for manufacturing various coated products and co-extruded products for specialty application, apart from its capacity to design the recipe for raw material of PET films to suit the end application of the product.  The company has also developed surface-protection films and Paint Protection Films designed to deliver the highest level of protection and impact resistance which has applications in many sectors.  

ICICI Lombard introduces innovative Face Scan Feature In Indian



* A new-age feature enables monitoring of vitals in a matter of minutes on its flagship

* IL TakeCare App

In line with its digital-first approach for consumers, ICICI Lombard has introduced an innovative face scan feature to its signature app, IL TakeCare (ILTC), enabling the checking of vitals in couple of minutes.

An industry first, the innovative solution, introduced under the 'Know Your Health Vitals’, the banner of the app, helps users keep track of vitals such as blood pressure, SpO2(oxygen saturation), heart rate, respiration rate, heart rate variability, and stress level, all without any additional devices and from the comfort and safety of their homes. With the recent spike in COVID cases, there is an increasing awareness of the need to monitor these vitals regularly. Users can check these vitals using only the app, avoiding the cost and hassle of maintaining multiple gadgets like a blood pressure monitor, an oxygen meter, and so on. The app is seamless, with a comprehensive wellness solution that promotes a preventive rather than a curative approach. Along with the primary owners, this disruptive platform can be used by their family members too.

Significantly, digital solutions have witnessed an accelerated acceptance during the pandemic. The ILTC app, which recently witnessed a milestone of one million downloads, has added new features to the application, including mental well-being, easy-renewals, post-policy health check-ups, contactless motor claims services, health booster renewals, health risk assessment, and wellness goals.

Product innovation that is tied to a deep understanding of customers’ emotional and practical needs and wants, coupled with the ability to quickly get those products to customers, is at the core of all solutions by ICICI Lombard. The ILTC app has shown promising consumer adoption, with customers benefitting from the program's diverse features spanning insurance and wellness.

In the past, the company has introduced several innovative, new-age solutions, for its customers, including cloud-based insurance, easy online renewals, teleconsultation for policy purchase, easy claims registration, and more. ICICI Lombard is committed to developing technological solutions that make it easier and more convenient for insurance customers to purchase or renew their policies, as well as simplify their service needs.

Sanjeev Mantri, Executive Director, ICICI Lombard said, “ICICI Lombard flagship IL TakeCare App, has been one such step of our commitment to customer centricity rooted in their overall wellbeing and governed by empathy. In a highly competitive scenario, we believe long term value creation will depend more on delivering differentiation through digital first, DIY and immersive approaches for new age customers. Face Scan feature is a powerful innovation to democratise health checks, going beyond the realm of a transactional relationship to delivering a frictionless and engaging experience in the current times. Furthermore, our ILTC app has seen encouraging traction and growth with over 1.2 mn downloads, over 25% MoM growth on new policies, over 200 teleconsultations daily and over 1/3rd of our health claims now being settled through the app. We envision to provide the best- in-class digital experience to our customers and partners and many more breakthrough innovations in the time to come.” 

The ILTC App has multiple unique features being rolled out for both retail and corporate customers. They include heart rate, oxygen level, and stress level checks in less than a couple of minutes using a face scan, access to teleconsultation at the customer’s convenience via audio, video, and chat, wellness blogs, and cloud-based storage for all policy-related documents. The app facilitates the booking of post-policy check-ups with only a few clicks, real-time claim tracking through the app, and a customized CHI renewal flow, to name a few.

In addition to this, the app can also schedule medical tests and receive results. Through this app, OPD customers can avail cashless visits to doctors and clinics and order medicines with home delivery via this app. The software runs on Android and iOS phones. Customers can access this service by downloading the ILTC app from the App Store or Google Play.

About ICICI Lombard General Insurance Company Ltd

We are one of the leading private sector non-life insurers in India. We offer our customers a comprehensive and well-diversified range of products, including motor, health, crop, fire, personal accident, marine, engineering and liability insurance, through multiple distribution channels. More details are available at www.icicilombard.com.

ON PURPOSE Introduces New Inclusive Parental Leave Policy


* Launches campaign #TwoIsTooLittle to address all forms of new parenthood

ON PURPOSE, a creative communications consultancy, launched a landmark parental leave policy offering inclusive employee benefits to new parents, primary and secondary caregivers as well as pet parents.

ON PURPOSE understands the realities and needs of modern day parenting and recognises the integral role of securely bonding with their baby/child/ pet  in the first critical weeks in order to give them the best possible start in life.

While the industry standard for paternity leave is just two weeks, the agency introduces a new 12-week leave policy for fathers and partners. Through the #TwoIsTooLittle campaign, ON PURPOSE hopes to inspire other workplaces in the country to adopt similar inclusive policies

The new parental policy aims to cover all instances of new parenthood as it extends to new parents who choose birth, adoption, surrogacy, or IVF as well as compassionate leave for parents who experience loss during pregnancy

Key features of the policy

ON PURPOSE’s New Paid Parental Leave Policy Gives Employees upto:

* 26 weeks paid parental leave at full pay for birthing people

* 12 weeks paid paternity leave

* 12 weeks paid leave for parents by law (adoption and surrogacy)

* 6 weeks of paid leave In the event of a miscarriage or stillbirth during anytime of the term

* Employee with breastfeeding/chestfeeding infants are also entitled to time-off or time away from their desks(work)

This is not all. ON PURPOSE celebrates families and believes that having a pet comes with responsibility and is a family member who needs care and  love equally. The organisation has curated leaves for pet parents, offering a 7-day time-off when an employee adopts a new pet.

Speaking about the initiative, Girish Balachandran, Founder, ON PURPOSE said, “Social change must start at home. As an organisation committed to driving social change in India, the launch of our new parental policy is an integral milestone to challenge gender stereotypes and build an inclusive workplace.  It’s time to share the load, share the ??? (laad).”

In May 2021, ON PURPOSE also introduced ‘Period Chutti’, a menstrual policy which offers an additional 6 days of paid leave for all employees who menstruate. This was initiated with the intention to support its employees to rest, while not having to use their sick leave, since periods are not a sickness. Additionally, the policy aims to remove the stigma surrounding menstruation and make it a normal conversation at the workplace. 

Thursday, February 3, 2022

75F Introduces HyperStat, The Industry's Most Advanced Thermostat And Humidistat


Building automation leader, 75F announced the newest addition to its suite of software-defined hardware, the 75F® HyperStat™. Its eight onboard sensors and industry-leading connectivity make the device the most advanced thermostat and humidistat on the market today.

The HyperStat senses temperature, humidity, CO?, occupancy, light, sound, volatile organic compounds (VOCs), and optional particulate matter, making it an affordable one-stop device for WELL Building Standard support. Data from these sensors feed wirelessly into a real-time analytics package and inform 75F's built-in, Guideline 36-compliant control algorithms.

Additionally, the HyperStat comes packed with four analog inputs, three analog outputs, and six relays that leverage software-defined control capabilities for all types of standalone multi-stage and modulating packaged HVAC equipment, from PTAC units to heat pumps and fan coils found in commercial buildings. It can also act as the local interface and sensing for VAV controllers.

Combined, these features mold the HyperStat into an energy and indoor air quality management powerhouse capable of servicing more people and buildings than ever before.

Commenting on the launch, Mr. Deepinder Singh, Founder & CEO, 75F, said, "The HyperStat brings IAQ data forward by bundling eight digital sensors into a single affordable, connected device. This coupled with software-defined control sequences opens vast possibilities for better building operation. Our customers can breathe easy — we'll do the rest."

Built-in sequences for occupancy detection include auto-away and force-occupy settings that, along with a door and window opening sensor, give the HyperStat flexibility to optimize indoor environments — no matter the current building schedule. Key card integration for large hospitality customers and a more user-friendly interface allows fine-grained individual zone control.

HyperStat works out of the box with 75F's IoT-based Building Management System or can be integrated into other BMS solutions via Modbus/BACnet. The device allows constant recommissioning and creates its own network, reducing cost barriers and bringing far more points to HVAC sequences of operation to reduce energy consumption and improve occupant comfort, health, and productivity.

About 75F:

75F designs and manufactures the world's leading IoT-based Building Management System, an out-of-the-box, vertically-integrated solution that is more affordable and easier to deploy than anything on the market today. The company leverages IoT, Cloud Computing and Machine Learning for data-driven, proactive building intelligence and controls for HVAC optimization. Investors include some of the biggest names in energy and technology. 75F's mission is to improve occupant productivity through enhanced comfort and indoor air quality — all while saving energy and the environment. Learn more at www.75f.io.

Zoho Workplace Achieves Exceptional Growth Spurred By Market Demand And Record Migrations From Competitor Suites


* The ongoing migration from Google Workspace and Microsoft 365 results in an influx of new customers for Zoho's collaboration and communication platform

Zoho, a global technology company offering the most comprehensive suite of business software applications in the industry, today announced that its enterprise collaboration and communications platform, Workplace, now serves more than 16 million users globally. The company attributes this substantial growth to increasing business demand for contextual applications with utmost standards for user privacy as well as rising costs from other collaboration platform providers. Since the start of the pandemic, Zoho Workplace adoption has accelerated as businesses of all sizes transitioned to digital-forward, remote work.

"Zoho has always been about persistent long-term execution, and our investment in Zoho Workplace attests to that. As competitors continue to raise prices or eliminate free editions for those who need them most, Workplace continues to serve businesses and professionals with a feature-rich suite that increases productivity while remaining broadly affordable," said Sridhar Vembu, CEO and Co-founder, Zoho Corporation. "Our ad-free approach and respect towards user privacy will add to the overall experience that our solution provides."

Unparalleled Growth

Zoho Workplace experienced 34% year-to-year growth in 2021, with more than 40% of new customers making the switch from Google and Microsoft. Growth was strong in all segments, with the SMB customer base increasing 40%, mid-sized by 36%, and enterprises by more than 20%. In India, Workplace saw 40% growth. Carnival Group, Equitas Bank, and VIVA Group are a few among the thousands of Indian businesses that have successfully onboarded to the Workplace platform in recent years.

Demand is largely driven by businesses still facing harsh realities of the pandemic, and its impact on their growth and budget. Unforeseen hikes in operational costs to support collaboration makes it more difficult for these businesses to recover and thrive. Within days of Google announcing that it would be ending the free edition of Workspace, Zoho's Workplace platform experienced a 120% increase in migrations from Google-hosted domains. 

Analyst Quote

"Zoho is unique amongst its productivity suite competitors for not rolling out a cost increase for 2022, nor removing their freemium offerings," commented Thomas Randall, Senior Research Analyst at Info-Tech Research Group. "Other providers have justified price add-ons and increases to reflect the additional value they believe their customers have received over the pandemic for using their tools. Yet freemium offerings and price consistency have been central for many customers and businesses to stay afloat during lockdowns. Now that such offerings are in short supply, Zoho will likely see increased demand for their Workplace services as customers seek strong ROI for productivity and collaboration software.” 

Pricing and Availability

Zoho Workplace is available in three editions: Standard (?99 per user, per month, billed annually) Professional (?399 per user, per month, billed annually) and Mail-only (~?59 per user, per month, billed annually). For more information, please visit: https://www.zoho.com/workplace/pricing.html

Zoho Privacy Pledge

Zoho respects user privacy and does not have an ad-revenue model in any part of its business, including its free products. More than 75 million users around the world, across hundreds of thousands of companies, rely on Zoho every day to run their businesses, including Zoho itself. For more information, visit https://www.zoho.com/privacy.html

About Zoho

With 50+ apps in nearly every major business category, including sales, marketing, customer support, accounting and back-office operations, and an array of productivity and collaboration tools, Zoho Corporation is one of the world's most prolific technology companies. Zoho is privately held and profitable with more than 10,000 employees. Zoho is headquartered in Chennai, India. Additional offices are in the United States, Japan, China, Canada, Singapore, Mexico, Australia, the Netherlands, Brazil, Saudi Arabia and the United Arab Emirates. For more information, visit www.zoho.com/

MAHE Declares 2022 As Year Of Innovation & Entrepreneurship To Encourage Spirit Of Entrepreneurship Amongst Students

 


With an aim to encourage and foster culture of innovation, startups and entrepreneurship, Manipal Academy of Higher Education has declared 2022 as the year of Innovation and Entrepreneurship.

Following the guidelines of the Ministry of Education, Govt. of India, MAHE has adopted the National Innovation and Startup Policy 2019 for Students and Faculty: A Guiding Framework for Higher Education Institutions. The policy has been designed by the Ministry of Education and apex regulatory bodies such as the University Grant Commission (UGC) and the All India Council of Technical Education (AICTE). It intends to guide Higher Education Institutes in promotion of student-driven innovations and startups. The aim of the policy is to enable HEIs to build, streamline and strengthen the innovation and entrepreneurial ecosystem in the campus.

Keeping this in mind, in the year 2022, MAHE will celebrate the legacy of their alumni who are successful entrepreneurs, bring them to campus to inspire students and develop a culture of entrepreneurship across all MAHE institutions.

Dr Ranjan R Pai, President, MAHE Trust and Chairman MEMG said “MAHE as an institution has not only strived to focus on research and innovation in education but also has made consistent efforts for the betterment of the society. We believe one of the most effective ways of societal development is to encourage entrepreneurship in the young minds& talent of our country. Following the guidelines, The National Innovation and Startup Policy 2019, we aim to fuel an entrepreneurial ecosystem across all our institutes. This will undoubtedly help in mentoring and nurturing the innovative and creative potential of students and faculty alike. We will provide all the support required for students to tap into their business-oriented skills.

Speaking on this initiative Lt. Gen. (Dr.) M. D. Venkatesh, VSM (Retd), Vice Chancellor MAHE said “To mark the 15th year of Innovation Center of MAHE, 12 years of Manipal Universal Technology Business Incubator (MUTBI), 4 years of Manipal-Government of Karnataka Bio incubator and 75th year of India’s independence, I am happy to declare 2022 as the Year of Innovation & Entrepreneurship at MAHE. During this year we will celebrate the legacy of our Alumni who have started successful enterprises, providing employment and human development in society, and bringing great pride to our MAHE community. Further, we will develop a leadership seminar series, bringing our Alumni innovators and entrepreneurs to campus, to inspire, engage and mentor our students and faculty. With the help of the MAHE family, we will build a strong ecosystem for Innovation, Leadership and Entrepreneurship at MAHE. Soon, we hope to come up with a state-of-the art Technology Research Park at MAHE, Manipal.  

Dr HS Ballal, Pro-Chancellor, MAHE said “Higher Education institutes play a key role in promoting student-driven innovations. We have dedicated the year 2022 to emphasize the importance of innovation, skills and entrepreneurship amongst students and faculty. MAHE has a strong legacy of producing successful entrepreneurs and we will continue to encourage budding innovators and entrepreneurs in all our campuses. This step will play a crucial role socio-economic development of the country and pave way for creating successful paths for students”

Pristyn Care Doubles Its Surgical Centres And Drosses 1Mn Patient Interactions. Becomes The Leader In Secondary-Care Surgeries


* Patient interactions have crossed the one Million mark, making Pristyn Care a leader in Secondary-care surgeries.

* In line with its commitment of enhancing access and ensuring high quality secondary-care surgeries through an innovative care delivery model, Pristyn Care doubled its surgery care centres to 800 in 2021

Pristyn Care, a health technology start-up specialising in secondary-care surgeries, has doubled its surgical centres to 800 in 2021. Pristyn Care surgical centres are now functional across the 7 metro cities – Mumbai, Pune, Delhi, Bangalore, Hyderabad, Chennai and Kolkata – and  35 tier 2 & 3 cities across the country. Operating in over 12 surgical categories such as General Surgery, Ophthalmology, ENT, Urology, Gynaecology, - Pristyn Care has successfully treated over 60k patients and completed 1Mn+  patient interactions.

Pristyn Care operates on an innovative full- stack Care Delivery model to ensure that high quality surgical care is offered to patients at an affordable cost. It achieves this through its policy of using the under-utilised OT and bed capacity available at its partner hospitals. The company invests in high end medical technology like diode lasers, Microdebriders, phaco-lasers, 3D meshes, coblators and mini-port laparoscopy kits and many more such advanced equipment.

The company has ~ 400 full time expert doctors who have a wealth of experience of performing surgeries for 50+ diseases using the most advanced surgical technology and equipment. The highly trained surgeons and dedicated nursing and paramedical staff follow standardised care modules and undergo regular specialized training led by the quality & medical directorate team at Pristyn Care. Till date, the company has trained over 10,000 such nursing and paramedical staff with the aim of improving surgical outcome and patient experience.

Pristyn Care co-founder Dr. Vaibhav Kapoor, said, “We would continue to expand our services, invest in high end medical equipment, train our surgeons and nursing and paramedical staff and maintain a strict adherence to protocols set by the Govt. of India. Our surgeons conduct surgeries using high end miniport laparoscopy kits, advanced lasers, 3D meshes etc. Such superior quality surgeries to patients in Tier 2 & 3 cities would be a great service to our nation. Our model of free post-op consultation and 24x7 Personal Care Buddy are path-breaking initiatives and highly patient centric.”

A rock-solid technology backbone and a dedicated Personal Care Buddy assigned to each patient at Pristyn Care strengthens its’ patient-first initiatives including billing transparency, maintaining medical records through EMR and hassle-free admission-discharge at hospitals. Pristyn Care has set up a 24/7 in-hospital patient helpline to address patient queries any hour of the day during their hospital stay.

The company has partnerships with health insurance companies and financing providers. These partnerships help in easy and faster cashless claim approvals and EMIs facilities at 0% interest.

Pristyn Care co-founder Harsimarbir (Harsh) Singh, said, “The Government of India through Union Health Ministry's National Telemedicine Service – eSanjeevani, and many international medical federations are encouraging digital modality of seeking health services. We are a tech-enabled surgery provider and work with an aim to offer the highest quality surgery that is easy on the pocket too. Through our partnerships with the insurance companies and health-financing providers and our strong technology driven ecosystem, we want to ensure that the costs of surgery do not become a burden. Through these options, our patients and caregivers would not have to dig deep into their household savings. ”

Indian healthcare delivery infrastructure is highly skewed and is centred in metros and larger urban centres. This leads to large scale migration from Tier 2/3 cities and towns to larger urban centres and metros for seeking quality healthcare.

Dr Garima Sawhney, Co-founder, reiterates Pristyn Care’s commitment to expanding the surgical services and following standard treatment guidelines, “Accessing quality healthcare is a challenge for most of our population and at Pristyn Care we are working to bridge this gap. We offer high quality surgery, at an affordable cost while adhering to standard practices set by NABH, MCI and Govt. of India.”

About Pristyn Care

Founded by Harsimarbir (Harsh) Singh, Dr. Vaibhav Kapoor and Dr. Garima Sawhney in August 2018, Pristyn Care (pristyncare.com) is a leader in Secondary Care Surgeries.

The company has a team of 400+ expert surgeons, performing advanced Surgeries for over 50+ diseases using the latest Advanced Medical technology.

Pristyn Care has differentiated itself by ensuring a 24/7 Personal Care Buddy is allotted to every patient. This coordinator ensures A to Z of surgery - allocating the right doctor to patient, diagnostics, remote insurance clearance, admission & discharge formalities, cab pick-up & drop, Free meal for attendant, Patient Financing (EMI) and Free post-surgery follow-up - is taken care of. This ensures patients & their family members focus on recovery rather than running around.

Royal Stag Barrel Select Large Short Films Presents An Eerie-ly Intriguing Short Film, ‘Manoranjan’, Starring Actor Gul Panag


Royal Stag Barrel Select Large Short Films today premiered ‘Manoranjan’. The short film features critically acclaimed actor Gul Panag, who is also the producer of the film, as Lalita, a simple homemaker whose captivating storytelling ability forms the essence of this psychological thriller. The short film, directed by Suhail Tatari, who has directed critically acclaimed films like Ankur Arora murder case and Summer 2007, narrates the story of Lalita who lives a fairly ordinary life in a small town in Rajasthan until the arrival of an unplanned guest thwarts the family’s travel plan and stirs up a series of spooky events, leaving the audience wanting for answers at every step.

The highlight of the film is the well-defined character sketch of the protagonist, Lalita, who singlehandedly keeps the audiences at the edge of their seats at all times. The movie successfully creates a sense of mystery and spook, without any ‘jump scares’ and the credit for the same sits with the writer of the movie, actor-writer Sukhmani Sadana. Sukhamni has written films for Bollywood, OTT platforms and has acted in several popular web-series in the past. From Lalita’s unpretentious relationship with her husband Satyanarayan, a railway station master, to her confident demeanour with 18-year-old houseguest Chirag, the movie Manoranjan successfully manoeuvres through varied relationships of Lalita while maintaining a sense of intrigue. 

Talking about the film, actor Gul Panag said, “I’m quite glad that a platform like Royal Stag Barrel Select Large Short Films is allowing such contemporary stories to see the light of the day. This movie is a riveting suspense that will keep the audiences hooked till the last frame. It’s definitely a refreshing take on the spooky genre and I am confident that the audience will enjoy every second of this film. This is my second movie with Royal Stag Barrel Select Large Short Films and post the success and reaction to my last film, it was an obvious choice from my end to associate with the platform again for ‘Manoranjan’. I am looking forward to more such future associations with them”.

Talking about the movie, Director Suhail Tatari said, “I am thrilled to present Manoranjan to my audience and I am more than privileged to release it with Royal Stag Barrel Select Large Short Films. It’s an intricate web- like plot woven around the life of the character Lalita and the mystery unfolds slowly and steadily in the film, keeping one intrigued till the end. I believe that Royal Stag Barrel Select Large Short Films is the perfect platform to celebrate such fresh scripts and the platform has truly been the catalyst  for the evolution short films in India.”

“Gul came up with the concept for Manoranjan, which was subsequently fleshed out from there. As soon as I heard the idea, I was on-board, especially given the genre being my personal favourite. It's a multi-layered tale with a spooky feel to it. The Royal Stag Barrel Select Large Short Films is a remarkable platform for such unique and contemporary storytelling,” said writer, Sukhmani Sadana.

The movie will be first exclusively premiered on Royal Stag Barrel Select’s Large Short Films Youtube channel: https://www.youtube.com/user/LargeShortFilms , a platform to watch the most original and inspiring short films made by some of the finest directors in India. 

WATCH ‘Manoranjan’ HERE: https://www.youtube.com/user/LargeShortFilms

Royal Stag Barrel Select Large Short Films:

Royal Stag Barrel Select Large Short Films has become ‘the’ destination for Indian short films where viewers can experience the taste of great films. The platform has collaborated with successful storytellers from Bollywood who truly stand for originality and creativity. Large Short Films has evolved to create an ecosystem for aspiring directors to feature along mainstream Bollywood directors and still be able to create a niche for themselves in the industry.

Royal Stag Barrel Select Large Short Films has released some of the most prodigious award-winning short films with renowned artists and directors from the industry which truly reflects originality, imagination and perfection.  Ahalya, Interior CafĂ© - Night, Ouch, Chutney, Anukul, Mumbai Varanasi Express, Khool Aali Chithi, The School Bag, Bruno and Juliet, ‘Shunyata’, Juice, Maa, Chhuri, Her First Time and Iktarfa are some of the phenomenal films that have been released on this platform. Royal Stag Barrel Select Large Short Films as a platform for original short films has been the pioneer in popularizing this genre of filmmaking.

Follow us on:

Website: https://www.largeshortfilms.com/

Facebook: https://www.facebook.com/LargeShortFilms

Twitter: https://twitter.com/LargeShortFilms

YouTube: https://youtube.com/LargeShortFilms

About Royal Stag Barrel Select:

Royal Stag Barrel Select is the premium offering of Royal stag for the discerning consumer who seeks an evolved taste. It is for the young, confident, progressive and inspiring individuals who have tasted their first success, want to be seen as the one with discerning taste, evolving in their journey of life.

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