Saturday, February 26, 2022

Vice President Of India M. Venkaiah Naidu Unveils Sports And Arts Complex At Greenwood High International School


Greenwood High International School, a renowned educational institution in the country, witnessed an inauguration of L’ATELIER – An Ensemble of Fine Arts & State of the Art Indoor Sports Arena at its Sarjapur Campus in Bengaluru by Shri M. Venkaiah Naidu, Honourable Vice President of India, in the presence of many other dignitaries including Shri. Thaawarchand Gehlot, Honourable Governor of Karnataka and many other noted personalities. The new complex offers globally comparable infrastructure for sports and co-curricular education.

The school’s Centre for Sports Excellence (CSE) is a world-class integrated sports arena built on two lush acres exclusively dedicated for sporting. The complex offers state-of-the-art facilities in Sports for aspiring young talent to excel in their choice of sport. The sports facilities include natural grass FIFA size football ground, AstroTurf soccer field, tennis courts and cricket pitches in grass with nets, top-of-the-line 50-meter swimming pools, world-class glass-backed squash court, shooting range, indoor basketball and badminton courts, golf simulator with professional golf clubs & data analyzer setup amongst many other facilities.

The dedicated Block for Arts, Drama & Music with state-of-the-art facilities aims to encourage creative and artistic individuals who see arts as a way of life. The complex has sound-proof music rooms with world-class acoustics to develop students’ varied talents. The other facilities include Arts Room to conceptualize and paint artistic canvases, Arts Gallery to showcase the artworks created by the students indigenously, Drama Room, Music Room, Design Tech Room for Design thinking and creative ideations using latest tech, Music Studio for producing sound records and grooming the School Band, Dance Studio for choreography of classical & contemporary dance forms and Soundproof Music Production Room for Music recording and streaming etc.

Addressing the students and the gathering, Shri. M. Venkaiah Naidu, Honourable Vice President of India said: “It is an honor to be amidst you on this special day. A healthy body is essential for a healthy mind. Thus, Sports & Co-curricular Education plays an indispensable part in the growth and molding of young minds. He also spoke on the importance of our mother tongue and how students should be encouraged to learn their mother tongue. He advised students to respect our mothers, nature and our gurus and always respect our culture and diversity. Furthermore, he motivated students that with discipline, dynamism, dedication and devotion will give you promotion in life.

Shri. Thaawarchand Gehlot, Honourable Governor of Karnataka said: 'Our country has made great strides in the field of education, and I am glad to know that Greenwood High International School’s contribution is commendable. He praised the school to have received numerous prestigious awards over the years. He also mentioned that special attention should be given to all-round development of the students in the field of sports, arts, dance and music apart from imparting quality education. He further wished the students to achieve greater heights in the world and make our country proud.

Mr. Bijay Agarwal, Chairman, Greenwood High International School said: “It was indeed a great honour for us to have the Honourable Vice-President of India, Shri M Venkaiah Naidu Ji as our Chief Guest, as we inaugurated L’atelier, our Centre for Fine Arts and our state-of-the-art Indoor Sports Arena. We were also delighted to have in our midst Shri Thaawarchand Gehlot Ji, Honourable Governor of Karnataka, as our Guest of Honour. We are grateful for the many dignitaries, artists and sports stars, who graced this occasion. This marks a step forward in our mission to help our students develop in a holistic manner, with an all-round education. The untiring efforts of our school faculty have made Greenwood High a leading educational institution not only in India, but also on the global stage.

Organic India Felicitates The Heroes Of Indian Agriculture With Dharti Mitr Award At The Dadasaheb Phalke International Film Festival 2022


Recognizing the contribution of farmers towards strengthening the entire ecosystem of organic farming, Organic India Private Limited (“Organic India”), in association with the prestigious Dadasaheb Phalke International Film Festival felicitated the top 5 organic farmers with Dharti Mitr Awards while celebrating the grandeur of Indian Cinema and commemorating 75 years of Independence (Azadi ka Amrit Mahotsav).

The Dharti Mitr awards instituted by ORGANIC INDIA in the year 2017 to honor and recognize the efforts of organic farmers across the country, not just in growing crops without chemical inputs but also in balancing the ecosystem and creating innovative self-sustaining models. The Dharti Mitr awards also provides a platform for organic farmers across the country to share their innovation and cross populate their learnings. The winner of the first Dharti Mitr award 2017 Mr. Bharat Bhushan Tyagi, was bestowed with the Padma Shri, the fourth highest civilian award in India in 2019.

The winners of the Dharti Mitr awards 2021, felicitated by Bollywood actress Lara Dutta and Col. Tushar Joshi during the Dada Saheb Phalke International Film Festival, were Nathani Upendrbhai Dayabhai from Gujrat who won the first prize of INR. 5 Lakhs, Malleshappa Gulappa Bisirotti from Karnataka who won the second prize of INR. 3 Lakhs the third prize of INR. 1 Lakhs each went to Devaraddi Agasanakoppa from Karnataka, Rawal Chand and Urmila Ur Rubi Pareek from Rajasthan.

Speaking at the event and expressing gratitude towards the relentless efforts made by the farmers, Subrata Dutta, Group Managing Director, Organic India said, “Our farmers play a very crucial role for the ecology, economy and the society, at large. We conceptualized the Dharti Mitr Awards to celebrate our relationship with individual farmers that is built on interconnectedness – an approach that seeks to boost their confidence and the core objective of the event is to highlight the farmer’s exceptional innovations in the field of organic farming.”

Speaking on the efforts of Organic India, William Nanda Bissell, Chairman, Fabindia, said, “Organic India instituted the Dharti Mitr Awards four years ago and this year, it has returned bigger and brighter in collaboration with the prestigious Dadasaheb Phalke International Film Festival (DPIFF). Organic farming plays an important role in the sustainable and environment-friendly growth of India. This appreciation and recognition by Organic India will strengthen the confidence of farmers and further build the organic farming ecosystem in India. Organic India is a very critical part of our efforts to establish new benchmarks for growth driven by ESG values.” 

Organic India is currently working with over 2,200 farmers across the country to create favorable economic, environmental and social ecosystems, as well as to promote healthy lifestyles and conscious living via sustainable and regenerative organic agriculture. In the past years, Organic India has been rigorously working towards training the farmers and providing educational opportunities that enable self-sufficiency and the development of skills that can be passed on to future generations.

Expressing delight about the initiative, Dr. Ashok Yadav, Advisor, Ministry of Agriculture said, “The event has recognized the outstanding effort of organic farmers. We would like to congratulate all the participants and winners who are the unsung heroes of the agricultural landscape. Over the past 4 years of my association with Dharti Mitr, we have witnessed the participation and enthusiasm increasing and we are looking forward to witness more innovation in the segment which will add to the global organic farming movement to help the world in achieving the true meaning of sustainable development.”

Organic India received over 100+ nominations from farmers across the country, post which a rigorous screening process involving reviewing each entry followed by a farm visit and personal interview were undertaken by the jury.

About Organic India

ORGANIC INDIA is involved in the business of manufacturing, trading, exporting and importing all kinds of herbal infusions, ayurvedic medicines and preparations, herbs, herbal products, tea, food products and organic products. At the heart of ORGANIC INDIA is their commitment to being a living embodiment of love and Consciousness in action. Their products are made in India and reach consumers worldwide with a message of interconnectedness and oneness with Nature. https://www.organicindia.com/

Organic India is part of Fabindia Group, a consumer lifestyle platform with an established 62-year legacy focused on authentic, sustainable and Indian traditional lifestyle products. Fabindia is a unique business model of sustainable rural employment that has created a base for over 50,000 artisans through Contract Manufacturers and over 2,200 farmers engaged directly and 10,300 farmers engaged through associates in India. For more information, visit http://www.fabindia.com

Mainstreaming NFTs Will Open Up Huge Opportunities, Opine Industry Leaders


Non-Fungible Tokens (NFTs) are the latest craze in India’s digital space. An NFT is a digital asset like real-world objects such as art, music, in-game objects and videos, to name a few. Opportunities are tremendous. But challenges are also numerous, in terms of regulation, taxation and acceptance of NFTs in the mainstream. Blockchain and Crypto Assets Council (BACC), a council under the aegis of Internet and Mobile Association of India (IAMAI), organized a major virtual conference, NFTIndia, on February 24, to discuss such opportunities and challenges in the way ahead for mainstreaming NFTs in India. Leading figures of the NFT and metaverse world took part in the conference. 

The world of NFTs is truly diverse. India’s digital art space, for example, is witnessing a revolution through NFTs. Indian celebrities, including movie stars, sportspersons, musicians and people from various other fields are increasingly creating and selling digital arts. Artists are creating their own exclusive NFT collections. As Om Malvia, president, Tezos India, pointed out, “Artists won't have to worry about galleries, they have the convenience of exhibiting and selling their art with NFTs in open market places.''

Highlighting the potential of NFTs for the sports industry, Harsh Jain, co-founder and CEO of Dream11 and Dream Sports said, “With the largest number of sports fans in the world and over 140 million already within Dream Sports’ platforms, India has the potential to become the world’s largest NFT industry.  Sports NFTs will help every member of the sports ecosystem namely boards, leagues, teams and players to unlock and monetize tremendous value in the near future.”

Among others who put forward their valuable thoughts on the subject were Ankit Wadhwa, CEO and co-founder of Rario, Preeti Syal, Senior Specialist, NITI Aayog, Kristin Boggiano, President and Co-Founder, CrossTower, Swaneet Singh, CEO Xfinite, and Yat Siu, CEO, Outblaze, Animoca Brands.

In general, speakers discussed in details why we needed NFTs, why it was valuable and what were the regulatory impediments that such a nascent industry might encounter.

About Blockchain and Crypto assets council (BACC)

BAAC, is a council under the aegis of the Internet and Mobile Association of India. It represents the interests of the crypto ecosystem in India. With over 30 members from the crypto and NFT space in India, the committee has been in the forefront of crypto advocacy today and creates thought leadership content for the industry from time to time. BACC has also set up a self-regulatory code of conduct for the industry.

About Internet and Mobile Association of India

Established in 2004, the Internet & Mobile Association of India (IAMAI) is a not-for-profit industry body and the country's only organization representing the digital services industry with over 350 Indian and multinational corporations as its members, which include established companies in diverse sectors of the digital ecosystem as well as start-ups. Its mandate is to expand and enhance the online and mobile value-added services sectors. It is dedicated to presenting a unified voice of the businesses it represents to the government, investors, consumers and other stakeholders. IAMAI represents varied sectors such as digital advertising, digital entertainment, TravelTech, online gaming, digital payments, Fintech, digital commerce, Edutech, Healthtech, Agritech, blockchain, Big data, ML, AI & IoT, AR/ VR, LogisticsTech and so on.

Friday, February 25, 2022

Union Bank Launches ‘Union MSMERuPay Credit Card’ In Indian Market


* The card will be a new digital payment tool available to the MSME Customers of Union Bank of India for meeting their Business related operational expenses with interest free credit upto 50 days.

* MSMEs will also be benefitted with accidental insurance coverage, lounge access, and other rewards being offered by NPCI on RuPay cards.

Union Bank of India in association with National Payments Corporation of India (NPCI) today launched ‘Union MSME RuPay Credit Card’ with an aim to provide digital delivery of Finance to Micro, Small & Medium Enterprises(MSMEs) in the current phase of progression towards a digital economy. The dedicated card for MSMEs is available to eligible borrowers of Union Bank of India and will provide a simplified payment mechanism to MSMEs to meet their business-related operational expenses.

With Union MSME RuPay Credit Card, the MSME borrowers will be able to enjoy an interest-free credit period of upto 50 days on their business spends. The Card also offers EMI facility to the Customers on their business-related purchases. MSMEs will also get specially curated efficient business services on this Card which will help them in taking their business on most of the digital platforms. Additionally, they will  also  be   benefitted   in   the    form   of accidental insurance coverage of upto Rs. 10 Lacs, domestic airport lounge access of 2 per quarter and other rewards using this Card.

Sepaking on the occasion, Shri Nidhu Saxena, Executive Diector, Union Bank of India said “To improve the digital delivery channel in servicing the MSME clientele in fast growing tech savvy economy, Union Bank of India, in partnership with NPCI, has launched Union MSME Credit Card, a first of its kind in the Industry. This Credit Card will reduce the demand for cash withdrawal by MSME for business expenses besides simplifying their payment mechanism. With the newly launched Credit Card facility coupled with the regular working capital limits, MSMEs can reap the benefits of best in class products being made available to them by the Bank.”

NPCI “We are pleased to partner with Union Bank of India to launch Union MSME RuPay Credit Card. We believe this initiative will digitally empower MSMEs and help them streamline their regular business expenditure and finances. MSMEs are considered to be the backbone of the economy and we are confident that this Card will address the existing credit gap in the MSME sector so that they can continue to contribute towards economic growth. We are also excited to witness the portfolio expansion of RuPay from retail users to business users. At NPCI, we are committed to providing a safe, seamless and delightful purchase experience to all our RuPay users.”

About Union Bank of India

Union Bank of India is one of the leading public sector banks of the country having its headquarters at Mumbai (India).Today, it has a network of 9113+ domestic branches, 11455 ATMs, 8216 BC Points, serving over 120 million customers with 78000+ employees. Union Bank of India is the first large public sector bank in the country to have implemented 100% core banking solution. The Bank’s total business as 31.12.2021 stood at Rs.16,06,986crores, comprising Rs.9,37,455 crores of Deposits and  Rs.6,69,531 crores of Advances. The Bank has received several awards and recognition for its prowess in Technology, Digital Banking, Financial Inclusion, MSME and development of Human Resources.

About NPCI:

National Payments Corporation of India (NPCI) was incorporated in 2008 as an umbrella organization for operating retail payments and settlement systems in India. NPCI has created a robust payment and settlement infrastructure in the country. It has changed the way payments are made in India through a bouquet of retail payment products such as RuPay card, Immediate Payment Service (IMPS),Unified Payments Interface (UPI),Bharat Interface for Money (BHIM), BHIM Aadhaar, National Electronic Toll Collection (NETC Fastag) and Bharat BillPay.

NPCI is focused on bringing innovations in the retail payment systems through the use of technology and is relentlessly working to transform India into a digital economy. It is facilitating secure payments solutions with nationwide accessibility at minimal cost in furtherance of India’s aspiration to be a fully digital society.

FedEx ‘SME Connect’ Empowers Small Businesses To Leverage Global E-Commerce Opportunities


FedEx Express, a subsidiary of FedEx Corp. (NYSE: FDX) and the world’s largest express transportation company, launches the fifth edition of ‘SME Connect’, as a part of its ongoing commitment to support the growth of small and medium enterprises (SME) in India. The virtual ‘SME Connect’ series is a thought leadership and knowledge sharing platform for SMEs to interact with industry and subject matter experts for solution-oriented discussions that benefit their business.

According to a Morgan Stanley report, the Indian e-commerce industry is expected to reach $200 billion by 2027[1]. On an average India adds 40 million new internet users every year[2], this coupled with increased smartphone penetration and improved digital payment infrastructure have been a catalyst in driving e-commerce sales, which was further accelerated with the onset of the pandemic.

Global cross-border commerce is fast emerging as the next big growth opportunity for the Indian e-commerce industry. According to a recent survey by PayPal India, 94% medium small and micro enterprises (MSMEs) recognized that transcending borders results in growth and are making cross-border trade a business priority[3].?

Seeking to connect SMEs with the immense opportunities that lie ahead, the virtual FedEx SME Connect session focused on ‘Cross-Border E-commerce’, includes industry thought leaders sharing business insights on e-commerce trends, opportunities, and challenges. The session highlights the importance of building supply chain resilience, technology enablement, and deciphering regulatory requirements.

Mohamad Sayegh, Vice President, India Operations for FedEx Express said, “FedEx plays an important role in connecting SMEs to a world of possibilities through the strength of our global network, tailored solutions, and valued-added services. We are delighted to launch the fifth edition of the SME Connect series, focused on the booming e-commerce industry in India.”

“The Indian e-commerce industry is growing at an exponential rate with cross-border sales being a key contributor. FedEx empowers SMEs in India to expand their e-commerce capabilities to new markets and grow their customer base. “SME Connect” provides a great knowledge-sharing platform for SMEs to gain insights on accessing global opportunities.” added Sayegh.

FedEx has a long history of supporting entrepreneurs and small businesses and is committed to helping them succeed. FedEx Express recently enhanced its cross-border e-commerce capabilities in India with FedEx® International Connect Plus (FICP), and FedEx International Priority® Express (IPE) to help SMEs achieve their global ambition.

About FedEx Express

FedEx Express is the world's largest express transportation company, providing fast and reliable delivery to more than 220 countries and territories. FedEx Express uses a global air-and-ground network to speed delivery of time-sensitive shipments, by a definite time and date.

About FedEx Corp.

FedEx Corp. (NYSE: FDX) provides customers and businesses worldwide with a broad portfolio of transportation, e-commerce and business services. With annual revenue of $90 billion, the company offers integrated business solutions through operating companies competing collectively, operating collaboratively and innovating digitally under the respected FedEx brand. Consistently ranked among the world’s most admired and trusted employers, FedEx inspires its 600,000 team members to remain focused on safety, the highest ethical and professional standards and the needs of their customers and communities. FedEx is committed to connecting people and possibilities around the world responsibly and resourcefully, with a goal to achieve carbon-neutral operations by 2040. To learn more, please visit fedex.com/about.

KDEM Enables 18 New ESDM Companies To Set-Up Operations In Karnataka


* Creates 15000 new jobs across the state

* Government of Karnataka (GoK) and KDEM to set-up an ESDM Task Group under the chairmanship of Shri Jitendra Chaddah, Country Manager, Global Supply Chain, Intel India

* Over 50 Global & Indian ESDM Industry Leaders converge to support KDEM’s goal of consolidating Karnataka’s position in the global ESDM space

* KDEM in association with IESA and IIT-B launches VLSI Design Skills, a platform that will bolster skill availability in the sector

The Karnataka Digital Economy Mission’s (KDEM) efforts to underpin the growth of the Electronics, System, Design & Manufacturing (ESDM) Industry has received wide acceptance from the industry as 18 large corporations have given their Letter of Intent (LoI) to set up operations in the state. This comes at a time when the Government of India recently announced its Semiconductor Policy to promote the manufacturing of semiconductor chips in the country.

Over 50 top global and Indian ESDM leaders, bureaucrats, and officials from KDEM, India Electronics & Semiconductor Association (IESA) along with the Dept of Electronics, IT BT S&T, and Industries department with Lahari allied at an event in Bengaluru to share their views on fortifying Karnataka’s position in the ESDM space. Proxelera Pvt. Ltd, Wuerth Electronic India Pvt. Ltd., Virtulive Technologies Pvt Ltd, Gopalan aerospace Pvt Ltd, Teccheren batteries and Kaynes Technology, Rapture Innovation Labs, Physics Motors, Astr Defence, nanoPix Integrated Solutions Pvt. Ltd. and SLN Technologies are some of the renowned companies that feature in the LoI list.

Congratulating KDEM on receiving the LoI from reputed companies, Dr. E V Ramana Reddy, Additional Chief Secretary, Department of Electronics, Information Technology (IT) & Bio-Technology (BT)and Science & Technology, Government of Karnataka said, “Over the last few years, the demand for superior technology products has seen significant growth, encouraging the need to strengthen the ESDM sector. Karnataka has always been at the fore of the technology space, contributing significantly to the country’s digital growth. This has been the basis of the KESDM Policy 2017-22 to develop Karnataka into a global ESDM hub and an epicentre for innovation.  These Letters of Intent and the industry-wide acceptance of the ESDM initiative demonstrates the trust that global industry leaders have in Karnataka’s commitment to be a leader in the IT and ESDM space.”

The event also laid emphasis on ESDM focus clusters like Mysuru and Hubli to leverage the existing talent and ecosystem while reinforcing KDEM’s role of skill development for the sector, thereby championing growth beyond Bengaluru. Furthermore, to provide added impetus to growth and talent availability for the ESDM sector in the State, KDEM in association with IESA and IIT-B announced the launch of VLSI Design Skills. Expected to be launched on 15 April 2022, the new program aims to develop world-class talent pool in Karnataka in a structured manner.

In addition, Lahari, a Government of India, Govt of Karnataka and Indian Electronics Industry Initiative that aims at providing advance electronics test facility of electronics products, also signed a MOU with Electronics Sector Skill Council (ESSC) India to further boost Karnataka’s ability to become a sustainable and scalable talent hub for the ESDM sector.

Speaking at this momentous occasion Shri B V Naidu, Chairman, Karnataka Digital Economy Mission said, “As an enabler of conducive business environment in the State of Karnataka, KDEM was established with the vision of acting as a knowledge bridge between the industry and the Government with a strong focus on innovation, start-ups, ESDM among others. It gives me immense pride to see this vision being realized as we invite industries to set up operations in Karnataka and reaffirm the state’s contribution to the country’s economic growth. We are delighted to have received an outstanding response from industry players, 18 companies have joined forces with us and have shared the Letter of Intent (LoI) to set up operations with significant investments directed towards building the ESDM ecosystem and generating over 15,000 employment opportunities for the local talent in the state.”

Speaking on the occasion, Mr. Ruchir Dixit, Vice President & Country Manager - Siemens EDA said, “While we are delighted with the reception from the industry and the outcome, we expect significant traction in the coming months with more companies coming forward to build a robust ESDM infrastructure in the state. The Karnataka Government and KDEM have given us a roadmap through the KESDM Policy and simplifying and streamlining policies to enhance the ESDM ecosystem.” 

Karnataka has been a hub for technology and R&D-based institutions in India and boasts of adequate infrastructure to support its vision. With its Beyond Bengaluru, Talent Accelerator, Start-up, Innovation, and ESDM-led programs, KDEM has strived to promote Karnataka as the most preferred destination for frontier technologies and is led by industry anchors with the core objective of ‘By the industry and for the industry.

About Karnataka Digital Economy Mission (KDEM)

With an objective to increase the share of the Digital economy in the state, the Government of Karnataka set up the Karnataka Digital Economy Mission (KDEM), a Section-8 organization, which acts as a knowledge bridge between the industry and the government. To meet the objectives, KDEM has been working towards the five focus areas, viz. IT Products & Services, BPM & GCC promotion; Innovations & Start-ups; ESDM; Beyond Bengaluru; and Talent Accelerator. 

Give Your Bathroom Freshness Of Lime With Godrej Aer Power Pocket’s New Variant, Tangy Delight


A musty, damp-smelling bathroom is one of the most unpleasant things to enter. The right fragrance can turn your bathroom experience from a smelly, dirty place to a refreshing retreat! A clean, fresh-smelling bathroom is also an important indicator of it being clean and hygienic.

Understanding that lemon is one of the most powerful ingredients to combat bad odour, Godrej Aer Power Pocket launches their new variant, Tangy Delight to give your bathrooms a boost of lime freshness.

The new power gel technology ensures that Godrej Aer Power Pocket works 24x7 for up to 30 days without any effort, so you revel in the citrusy fragrance every time you step into your bathroom. It is so easy to use, that you simply have to unwrap the packet and hang it with the hook provided. That's it, you are done!

Godrej Aer Power Pocket is a power packed bathroom fragrance brand which is available in Tangy Delight and other 5 delightful fragrances, namely, Sea Breeze, Fresh Blossom, Berry Rush, Lavender Bloom and Floral Delight.

Price – INR 60/-

Available in general and modern trade stores near you.

ADW To Provide Platform For Growth, Funding To 47 Defence Startups


The third edition of Ahmedabad Design Week – ADW 3.0 – which is being organised by Karnavati University, will become a big platform for defence sector start-ups to be able to showcase their ideas and breakthrough innovations before the investors and experts. Some 47 startups are set to benefit from this opportunity. This year’s theme for ADW 3.0 is Design and Innovation in Defence and Aerospace – a topic of strategic importance. The event will be inaugurated by the Honourable General MM Naravane, Chief of Army Staff, Indian Army; along with Shri Hari Babu Srivastava, Outstanding Scientist and Director General – Technology Management (TM), Defence Research and Development Organisation (DRDO), on February 26.

Some of these startups work in Augmented Reality-based solutions for Remote Assistance; electro-optic surveillance systems, UAV heavy lifters, holographic solutions, drone technology, surveillance equipment and sensors, Internet of Things (IoT) and sensor-enabled systems for industrial health applications, cyber security, among others.

“Startups are known for bringing about breakthrough innovations in technology. This year’s theme of ADW 3.0 is very much in line with the Government of India’s vision of achieving Atmanirbharta in Defence Manufacturing. Startups, known for breakthrough innovations and disruptions, have a major role to play here. The ADW 3.0 will see a host of defence industry experts in addition to industry thought leaders who understand precise requirements of the sector. We at Karnavati University aim to bridge this gap between investors, industry experts and startups,” said Mr Ritesh Hada, president, Karnavati University.

“Identifying the right technology and fund it at the right stage, will go a long way in helping these new ventures scale up their innovations and aid in attaining self-reliance in defence manufacturing in India,” Mr Hada further went on to say.

Representatives from industry organisations such as Monarch Networth Capital, GVFL, CII and GCCI, will evaluate the ideas of the startups and forge partnerships through funding and mentorship support.

Thursday, February 24, 2022

Vi And A5G Networks Partner To Enable Industry 4.0, Smart Cities, And Smart Mobile Edge Network


Vodafone Idea Limited (VIL), India's leading telecom operator, today announced its collaboration with A5G Networks, Inc. to enable industry 4.0 and smart mobile edge computing in India. Vi and A5G Networks have together set up a pilot private network in Mumbai utilising existing 4G spectrum.

Vi’s association with A5G Networks is in line with its commitment to realize Digital India dreams with the latter’s differentiated and unique 4G, 5G, and Wi-Fi autonomous software for distributed Networks. A5G Networks software is fully cloud-native containerized software built for hybrid and multi-cloud infrastructure.

Through this engagement, Vi has already set up an end-to-end private network using A5G Networks’ autonomous core software and white box RAN elements in Mumbai, showcasing industrial automation use cases, enterprise applications, and low latency scenarios - all while seamlessly interconnecting with the operator network.

"Vi is committed to providing superior services to digital enterprises and consumers to enhance user experiences, empowered by an autonomous network," said Jagbir Singh, Chief Technology Officer, Vodafone Idea Ltd. "As part of our digital transformation journey on the 5G roadmap, we are happy to partner with A5G Networks to bring new services enabling industry 4.0 and smart cities in the digital era."

"We are excited to be a part of this important journey for Digital India with Vi," said Rajesh Mishra, Founder, and CEO of A5G Networks. "Vi is committed to delivering best-in-class services to their subscribers and driving the Digital India movement. Success depends upon a highly resilient, secure, and flexible network infrastructure.

Vi is partnering with technology leaders and innovators to set up digital networks enabling several low latency applications, private networks, smart cities, and connected cars.

About Vodafone Idea Limited

Vodafone Idea Limited is an Aditya Birla Group and Vodafone Group partnership. It is India’s leading telecom service provider. The Company provides pan India Voice and Data services across 2G, 3G, 4G and has a 5G ready platform. With the large spectrum portfolio to support the growing demand for data and voice, the company is committed to deliver delightful customer experiences and contribute towards creating a truly ‘Digital India’ by enabling millions of citizens to connect and build a better tomorrow. The Company is developing infrastructure to introduce newer and smarter technologies, making both retail and enterprise customers future ready with innovative offerings, conveniently accessible through an ecosystem of digital channels as well as extensive on-ground presence. The Company is listed on National Stock Exchange (NSE) and Bombay Stock Exchange (BSE) in India.

The company offers products and services to its customers in India under the TM Brand name “Vi”.

For more information, visit: www.MyVi.in and www.vodafoneidea.com

About A5G Networks Inc.

A5G Networks Inc. is a leader and innovator in autonomous mobile network infrastructure. The company is headquartered in Nashua, NH, USA with offices in Pune MH, India. A5G Networks is pioneering secure and scalable 4G, 5G and Wi-Fi software to enable distributed network of networks.

To learn more about A5G Networks, visit www.a5gnet.com

Godrej Appliances Launches Wide Range Air Conditioners With Smart IOT Controls, 99.9% UV Virus Sterilization, Advanced Cooling


* Projects more than double growth over last summer, meeting pre-covid levels

Godrej & Boyce, the flagship company of the Godrej Group, announced that its business Godrej Appliances, has launched its premium range of Air Conditioners with advanced cooling, air purification technology, IoT controls, differentiated aesthetics and more. These air conditioners provide smart controls to increasingly tech savvy consumers, along with comfort and safety through IoT, UVCool technology, Nano Coated Anti-Viral filtration, lower derating and more.

Higher internet penetration and increased access to smartphones has revolutionised consumer behaviour, and the pandemic has increased digital familiarity by leaps and bounds; thereby bringing in more demand for tech-enabled devices. To cater to consumer’s growing acceptance for smart ACs, Godrej Appliances has introduced its all-new Godrej Eon D series air conditioners and will also have these newer technologies incorporated in some of its other existing product range. These smart air conditioners are wi-fi enabled. The ACs are voice enabled with Alexa and Google Home compatibility. They can also be operated remotely through android smartphones to control temperature, fan speed, mode setting, schedule time as well as easy monitoring of the ACs’ health. It aims to provide comfort and convenience to consumers through remote scheduling and monitoring.

The pandemic has also brought about a greater focus on health and hygiene aspects in any product that consumers purchase. The all new UVCool Technology incorporated in Godrej ACs help to disinfect the air as well as the surfaces of objects such as fabric, wood, metal placed in the room where the AC is operational. The UV module is placed inside the AC on the evaporators which emits UVC rays in the range of 260-275nm. This is the optimal wavelength emitted from the UV module, enough to disinfect 99.99%* viral particles, bacteria, fungus and other air pathogens from the surface of the evaporator. Moreover, Nano Coated Anti-Viral filter eliminates 99.9%**+ viral particles from the air to provide safety to the consumers.

Additionally, the heavy-duty rotary inverter compressor coupled with an electronic expansion valve and superior design provides faster and efficient cooling along with lower derating – ensuring superior cooling even at high ambient temperatures of 52°C. These ACs are available with combination of R290 & R32 refrigerants, that are eco-friendly with zero ozone depletion potential and lower global warming potential.

Commenting on the product launch, Kamal Nandi, Business Head and Executive Vice President – Godrej Appliances, part of Godrej & Boyce said, “In line with our philosophy of ‘Things Made Thoughtfully’, we are embracing new age technologies to deliver best-in-class solutions for our consumers. Our indigenous manufacturing expansion is helping us offer a wider AC portfolio to our consumers, with greater design possibilities. While summer sales for AC in 2021 was better than 2020 summer, however the business still hasn’t reached pre-covid levels. With the third wave practically over, vaccination drive covering a larger population and summer temperatures rising, we expect more than double growth in our AC sales this summer in comparison to last year.”

Adding further thoughts, Santosh Salian, Product Group Head, Godrej Appliances said, “Our foray into smart air conditioners and health & hygiene segment, is a testament to our commitment towards solving the needs of consumers by providing them with future ready products through latest technology. This summer, we are all set to offer a host of 21 new inverter split ACs all providing powerful cooling which has all along been our strength, along with Nano Coated Anti-Viral filter and UVC technology, IoT enabled smart controls, super-efficient ACs with high ISEER, durability and superior aesthetics.”

The Godrej Eon D series air conditioners are available in White, Copper and Rose Gold colour options across ecommerce platforms as well as offline pan India stores.

About Godrej Appliances:

Godrej Appliances, a business unit of Godrej & Boyce, is one of the leading Home Appliances players in India. Godrej & Boyce was the first Indian Company in 1958 to manufacture Refrigerators and since then Godrej Appliances has expanded its portfolio across many other categories like Washing Machines, Air Conditioners, Microwave Ovens, futuristic Thermo-electric cooling solutions, Air Coolers, Deep Freezers, highly specialized Medical Refrigerators and more recently, UVC Technology-Based Disinfecting devices and Dishwashers, all powered by the driving philosophy of 'Things Made Thoughtfully’.

This thought extends from human-centric design to planet centric design. Environment is a core value at Godrej. Both manufacturing units of Godrej Appliances became the first in the country to win the coveted Platinum Plus Green Co certification for their pioneering green manufacturing practices. The brand takes pride in not just its carefully designed products and environment-friendly technologies, but also best in class after-sales service delivered through over 680 service centers and more than 4500 SmartBuddy service experts spread all over the country.

To learn more visit: https://www.godrej.com/godrej-appliances

Ashok Soota, Executive Chairman Of Happiest Minds Is Among India’s 100 Great People Managers 2021


Happiest Minds Technologies Limited (NSE: HAPPSTMNDS), a ‘Born Digital . Born Agile,’ Mindful IT Company, announced today that Ashok Soota,  Executive Chairman, is featured among the Top 100 Great People Managers in a study by Great Manager Institute® and published in Forbes India.

Great Manager Institute® follows a four-layer process to arrive at the final list of the 100 greatest people leaders in the country. The process involves feedback from various stakeholders associated with the leader, evaluation of their practices that make them unique, and reputation checks involving technology-driven methods powered by surveys and quantitative evaluation tools.

The Great People Manager Study 2021, had 10,273 leaders and managers from 4,189 participating organizations. The Top 100 list has a diverse mix of founders, CEOs and senior and junior managers and the event is all about people revolutionizing the world of business. The Top 100 list  is derived through the Great People Manager Study, the largest study of People Managers and Leaders in India that helps to recognize Great People Managers and the companies that nurture them.

Read the full article published in Forbes India: https://www.forbesindia.com/article/great-people-managers/great-people-managers-good-leaders-make-great-businesses/72981/1.

About Happiest Minds Technologies:

Happiest Minds Technologies Limited (NSE: HAPPSTMNDS), a Mindful IT Company, enables digital transformation for enterprises and technology providers by delivering seamless customer experiences, business efficiency and actionable insights. We do this by leveraging a spectrum of disruptive technologies such as: artificial intelligence, blockchain, cloud, digital process automation, internet of things, robotics/drones, security, virtual/augmented reality, etc. Positioned as ‘Born Digital . Born Agile’, our capabilities span digital solutions, infrastructure, product engineering and security. We deliver these services across industry sectors such as automotive, BFSI, consumer packaged goods, e-commerce, EduTech, engineering R&D, healthcare, hi-tech, manufacturing, retail and travel/transportation/hospitality.

A Great Place to Work-Certified™ Company, Happiest Minds is headquartered in Bangalore, India with operations in the U.S., UK, Canada, Australia and Middle East.

MAHE And bioMérieux To Establish Center Of Excellence In Antimicrobial Resistance And Antimicrobial Stewardship In South Asia


* Partnership to deliver high-value solutions, expertise, and service in Antimicrobial Stewardship to improve patient care

Manipal Academy of Higher Education and bioMérieux announced the signature of the framework agreement to create a Center of Excellence for Antimicrobial Resistance and Antimicrobial Stewardship. This new generation laboratory will be located at Kasturba Medical College, Manipal.

The increasing and inappropriate use of antibiotic treatment for both human and animal medicine is fueling the emergence and spread of resistant bacteria around the world. Common infectious diseases are becoming more and more difficult to treat, which is alarming for the entire healthcare community.

A recent report* by The Lancet estimates 1.27 million people die from Antimicrobial Resistance (AMR) each year. If no action is taken, AMR could lead to 10 million people dying every year by 2050, according to the World Health Organization**. Antimicrobial stewardship (AMS) is key to fighting resistance and sustaining antibiotic efficacy for future generations as it allows patients to get the right drug, at the right dose at the right time.

bioMérieux and Manipal Academy of Higher Education have a shared vision for the future of managing AMR & improving antimicrobial stewardship (AMS) initiatives. Through this agreement, Manipal Academy of Higher Education has become a partner of choice to define and demonstrate Medical & Economic value and data-driven best practices around AMS, to improve AMS interventions and showcase how throughout the medical community across South Asia. They are also collaborating in a clinical performance evaluation of new diagnostic solutions. Manipal Academy of Higher Education is using its unique panel of academic, technical, and business experts to address the topic of AMR & AMS.

As a world leader in in vitro diagnostics, bioMérieux provides its expertise in advanced diagnostic technologies, IT and lab automation, as well as training and quality management support. A dedicated team is accompanying Manipal Academy of Higher Education to support their AMS initiatives to optimize the use of antibiotics and fight against the transmission of multidrug-resistant organisms (MDROs). With its comprehensive range of diagnostic solutions and deep knowledge on data generation for and beyond the lab, bioMérieux will directly support frontline AMS stakeholders, including clinicians and pharmacists, with timely, integrated diagnostic insights to support patient therapy and stewardship intervention.

Lt. Gen. (Dr.) M. D. Venkatesh, Vice Chancellor of Manipal Academy of Higher Education said “We consider bioMérieux as a global partner with long-standing commitment & expertise in infectious disease diagnostics and a strong presence worldwide. We are convinced that working together will boost the efficiency and the quality of patient care and will show significant improvement in antimicrobial stewardship measures,”

Rajan Nagar, Vice President & General Manager – bioMérieux, South Asia added “We are extremely pleased by this partnership as we benefit from the expertise of the leading microbiologists and clinicians at Manipal Academy of Higher Education to fight against antimicrobial resistance and further develop antimicrobial stewardship solutions. We are convinced that rapid patient results and epidemiological information will enable microbiologists and clinicians to work together more closely and effectively with the aim of improving patient care.”

This landmark event was witnessed by Dr P L N G Rao, Pro Vice Chancellor, Dr Venkatraya Prabhu, Pro Vice Chancellor, Dr Narayana Sabhahit, Registrar, MAHE, Dr Chiranjay Mukhopadhyay, Associate Dean, Dr Krishnananda Prabhu, Associate Dean, Dr Vandana K E, Professor and Head, Department of Microbiology, from KMC, Manipal. The bioMérieux was represented by Mr Somnath Banerjee, Mr Soumyabrata Chakraborty and Dr Navjeet Singh.

* https://www.thelancet.com/journals/lancet/article/PIIS0140-6736(22)00087-3/fulltext

**https://www.who.int/news/item/29-04-2019-new-report-calls-for-urgent-action-to-avert-antimicrobial-resistance-crisis  About Manipal Academy of Higher Education

ABOUT Manipal Academy of Higher Education

Manipal is synonymous with excellence in higher education and MAHE is one of India's leading academic and research institutions. It has been granted Institution of Eminence status by the Ministry of Human Resource Development, Government of India. Manipal has created some of the country's best institutes/schools across several diverse streams and Kasturba Medical College being the jewel in the crown. Currently, in 300+ programs across 31 disciplines, over 28,000 students from 57 different nations live, learn, and play in the sprawling University town of Manipal. Research has always been an area of paramount importance at Manipal. The experts at Manipal are taking meticulous and meaningful steps to build reservoirs of intellectual wealth and academic excellence. MAHE promotes Innovation and Entrepreneurship among students, faculty, alumni as well as people of the region by providing required facilities & support.

Established in 1953, Kasturba Medical College has been the flagship institution of Manipal Academy of higher education which by itself is the top ranked private medical university in the country and an Institute of Eminence.  KMC, Manipal has been consistently ranked in the top 10 medical college in the country since many decades. The college is well supported by Kasturba Hospital, a premier tertiary center with 2032 beds and is the apex teaching hospital established in 1961. Other information can be found at www.manipal.edu

ABOUT BIOMÉRIEUX

Pioneering Diagnostics

A world leader in the field of in vitro diagnostics for over 55 years, bioMérieux is present in 44 countries and serves more than 160 countries with the support of a large network of distributors. In 2020, revenues reached €3.1 billion, with over 90% of international sales (outside of France).

bioMérieux provides diagnostic solutions (systems, reagents, software and services) which determine the source of disease and contamination to improve patient health and ensure consumer safety. Its products are mainly used for diagnosing infectious diseases. They are also used for detecting microorganisms in agri-food, pharmaceutical and cosmetic products. Corporate website: www.biomerieux.com.

ABOUT BIOMÉRIEUX’S COMPLETE ANTIMICROBIAL STEWARDSHIP (AMS) SOLUTION

One of bioMérieux’s healthcare missions is to help sustain the use of antibiotic efficiency for generations to come. To support hospitals, institutions and laboratories with their AMS programs, bioMérieux has a complete solution covering antibiotic therapy initiation, optimization and discontinuation. This constantly evolving offer provides labs with timely, accurate results to adjust therapy, transforms data into actionable insights and integrates smoothly into any hospital with its flexible partnership approach. bioMérieux has over 55 years of microbiology expertise with more than 75% of its R&D directed to AMR/AMS research to ensure the current offer evolves to meet customers’ AMS needs.

Bosch Global Software Technologies Strengthens Commitment To Sustainability Plants 25,000 Saplings To Celebrate 25 Years In India


Bosch Global Software Technologies (BGSW), formerly known as Robert Bosch Engineering and Business Solutions (RBEI), has partnered with Forests by Heartfulness to "plant 25,000 saplings in a mini-forest plantation drive to celebrate its 25 years" legacy in India and also to represent its 25,000 associate strength. This multi-city plantation which will be across Bangalore, Coimbatore and Hyderabad was kicked off on February 24, 2022.  

Speaking on the initiative Mr. RK Shenoy, SVP – Mobility Engineering and Member of Executive Leadership, BGSW said, "This plantation drive marks our commitment to sustainability. BGSW focuses on improving the quality of life and this is reflected in our commitment to developing new products and high-tech solutions that are intelligent, connected, and sustainable. We are celebrating 25 years of our legacy in India and our recent rebranding to BGSW through an initiative that will leave a positive enduring impact for many decades to come. Globally Bosch has taken many steps on sustainability and one of the first to be Carbon neutral. BGSW has been driving many initiatives including lake rejuvenation. This is one more small but sincere step in the conservation and maintenance of the planet's ecological balance. Together with the local community, we can fight climate change and create a healthy environment for the next generation." 

Mr. Kamlesh Patel (aka Daaji), President and Guide of Heartfulness said, “‘Forests by Heartfulness is our endeavor to create widespread awareness and enhance sustainable green cover for the future generations. The amount of flora that needs to be replenished for the natural ecosystem to be restored, is not an overnight process nor can it be a single entity initiative. It is a shared responsibility amongst various stakeholders – corporates, governments, NGOs, forestry, and individuals as well. We are greatly encouraged to see the interest within corporates to actively collaborate with this initiative towards building a green legacy. We congratulate Bosch Global Software Technologies (BGSW) towards taking up this large-scale multi-city mini-forest plantation drive across many cities marking their 25 years in India and commitment to sustainability.”  

With 25,000 Sapling across Bangalore, Hyderabad and Coimbatore, this project focuses on improving biodiversity, creating a microclimate to abate city pollution, providing naturally grown fruits and medicinal herbs to the local communities, raising the local water table, and reducing at least 5,000 tonnes of carbon emission over the next ten years. BGSW with their NGO partner, Heartfulness will collaborate with local communities to take care of saplings and provide the necessary technology for geotagging and monitoring their growth for at least two years to ensure nutrient management. 

The 25,000 saplings will be planted using Forests by Heartfulness proprietary Heartyculture High Density (HCHD) plantation method. This method involves extensive soil reconstitution using Activated Biochar, Vermicompost, Cow manure, and Cocopeat. BGSW will facilitate the plantation of over 100 different species of trees to create a mini forest. The trees selected for the plantation drive are native, endemic and support one another through an extensive root network. 

About Bosch Global Software Technologies Pvt Ltd, BGSW :  

Bosch Global Software Technologies, formerly known as Robert Bosch Engineering and Business Solutions is a 100% owned subsidiary of Robert Bosch GmbH, one of the world’s leading global suppliers of technology and services, offering end-to-end Engineering, IT and Business Solutions. With over 23,000 associates, it’s the largest software development center of Bosch, outside Germany, indicating that it’s the Technology Powerhouse of Bosch in India with a global footprint and presence in US, Europe and the Asia Pacific region. With our unique ability to offer end-to-end solutions that connect sensors, software, and services, we enable businesses to move from the traditional to digital or improve businesses by introducing a digital element in their products and processes. 

Photo Captions :  Kiran Sundara Raman, Vice President and Center Head Hyderabad, Mr. RK Shenoy, SVP – Mobility Engineering and Member of Executive Leadership; Mr. Amarnath Reddy, Chief Relations Officer - Information Technology, Electronics & Communications Dept. Govt. of Telangana BGSW at the Heartfulness Headquarters participating at the 'mega plantation drive' 

Vogue Conducts Unique Workshop On Tanjore Painting For Apparel


The Vogue Institute of Art and Design (VIAD) conducted a one- day workshop for students today at the institute’s premises. Tanjore Painting Expert Nagashree B N conducted the session. This unique workshop was organised to restore Tanjore painting and to train students with the latest art of Tanjore Painting on apparel.

This classical South Indian Painting style is characterized by its rich colors, glittering 22ct gold foil & precious stone/bead inlay work. The delicate gesso work gives 3D effects. . In earlier times, the paintings were created with natural pigments. Now it's been replaced with chemical colors. Traditionally the paintings are done for wall art. Now it is being explored on fabric for apparel like blouse, sarees and kurtas.

Nagashree BN, Tanjore Painting Expert took the students through the traditional representation and technical live demonstration of the Tanjore style of painting on apparel like sarees, blouse, kurtas etc. The students were trained in contemporary Tanjore art which included learning to paint, use of vibrant colors, 3D liners & metallic paints to create an 3D extravagant depiction of Thanjavur inspired traditional art form.  The paintings created by students at the workshop were put on display at the Vogue Institute Gallery.

Talking about the unique workshop, Nishank Kariappa, General Manager, Vogue Institute of Art and Design said, “The students got a highly participatory exposure to Tanjore Painting on fabric for outfits for the first time. Tanjore painting originated from the town of Thanjavur (anglicized as Tanjore). The usage of rich vibrant colors, glittering gold foils, with gesso work explored their creative realms which can be infused and inspired with their designs on outfits like blouse, kurta or a saree.”

In today's world, hobbyists are inspired by this unique traditional art form & have been painting them on the clothes they wear using fabric painting techniques. A classical art form has reached the common man in a different style. But the overall experience of the process is overwhelming. Over the years this particular art form has been transformed. In contemporary art world, these paintings are done on canvas, paper, MDF, home decor, fabrics, jewellery, accessories etc.

Chaithra Chander , HOD (Diploma branch), Vogue Institute of Art and Design said, “India is a country known for its beautiful tradition and culture. India has many art forms which are recognized globally. Tanjore is one such classical art form from southern India. It is a unique form of painting with vibrant colours and mythological stories, which was initially made on wooden planks, In recent days this art form has been adopted onto fabrics especially South Indian silk textiles.”

Tanjore Painting Expert, Nagashree BN apprised, “Tanjore Painting on fabric was a workshop uniquely designed for beginners to explore their artistic side. This one day workshop helped the students to create Tanjore inspired motif on fabric.”

Bhavikaa T Dhariwall , Student, Vogue Institute of Art and Design who participated in the workshop said, “I joined this workshop because it sounded very interesting. The Tanjore painting workshop was very helpful as we understood the intricacies of this traditional form of Indian art which will allow us to use these in our future designs. I am extremely thankful to our teachers for having organized this for us to be able to widen our horizons and help us learn some old forms of art which is not very common these days.

Toyota Kirloskar Motor Recognized By Ministry Of New And Renewable Energy For Energy Compact Goals Submission


Toyota Kirloskar Motor (TKM) was recently felicitated with the Certificate of Recognition for the submission of Energy Compact (EC) goals and continued commitment to enhance its energy efficiency initiatives, by The Ministry of New & Renewable Energy (MNRE) in collaboration with CEEW- Council on Energy, Environment and Water, as a part of the ongoing celebration for Azadi Ka Amrit Mahotsav on the eve of India's 75th year of Independence in Delhi.

The Energy Compact submitted by TKM served as an input to present India’s Energy Transition at UN High Level Dialogue on Energy and at COP26.

This recognition, which stands as a testament to the efforts of the company to embrace sustainability in all Toyota initiatives towards achieving a net positive impact on society, was presented to Mr. Raju B Ketkale, Executive Vice President (EVP) - Manufacturing and Mr. Vikram Gulati, Country Head & Executive Vice President (EVP) – Corporate Affairs & Governance at TKM by Shri R.K. Singh, Hon'ble Union Minister for Power and New & Renewable Energy, Govt. of India.

Climate change is one of the environmental risks before us. TKM has adopted various risk mitigating measures through Toyota Environment Challenge 2050 towards creating a net positive impact on the planet and society.

Keeping with Toyota’s principle of ‘Respect for the Planet’, the company announced the ‘Toyota Environmental Challenge 2050’ in October 2015 comprising of six visionary environment challenges, as follows:

Challenge 1: New Vehicle Zero CO2 Emissions Challenge

(Reduce Carbon Emissions from our vehicles by 90% as compared to 2010)

Challenge 2: Lifecycle Zero CO2 Emissions Challenge

(Completely eliminate all CO2 emissions from the entire vehicle life cycle)

Challenge 3: Plant Zero CO2 Emissions Challenge

(Achieve zero CO2 emissions at our manufacturing plant)

Challenge 4: Challenge of Minimizing & Optimizing Water Usage

(Minimize water usage by adopting 3R – Reduce, Reuse & Recycle Approach)

Challenge 5: Challenge of Establishing a Recycled-based Society & Systems

(Promote deployment of End-of-life vehicle treatment & recycling technologies & systems)

Challenge 6: Challenge of Establishing a Future Society in Harmony with Nature

(Connect nature conservation activities beyond the Toyota Group and its business partners among communities, with the world, to the future)

Toyota’s key goal is to achieve net zero carbon (CO2) emission throughout the entire lifecycle that goes well beyond vehicles, addressing the entire value-chain including manufacturing activities. Further, we have adopted a holistic approach, and are actively engaged in various sustainable initiatives that covers shift to renewable energy, promoting a recycling based society, afforestation, reduction in water consumption and various nature conservation activities, thus reinforcing the commitment to build a better, more sustainable future, creating a net positive impact on the planet and society . TKM has previously been recognized with the coveted awards as Energy Efficiency in 2019 and Golden Peacock Award for Energy Efficiency in 2021.

In line with the Toyota Environment Challenges 2050, TKM has developed excellent energy-based strategic approach aiming to achieve zero carbon emissions in its manufacturing sites. TKM has been continuously and rapidly shifting from non-renewable to renewable sources of energy across its business operations. We are sharply moving towards renewable energy and as a part of this, we have 8.2 MW solar capacity installed inside TKM premises and 18 MW offsite installation, which is exclusive for TKM. TKM aims to further excel by utilizing the Renewable Energy verticals to promote and scale up energy efficient practices across the supply chain, and also Toyota Ecozone, an outdoor experiential learning center to enrich the knowledge & create awareness amongst all stakeholder groups.

Expressing delight on receiving the certificate, Mr. Raju B Ketkale, Executive Vice President, Manufacturing, TKM said, “We are extremely honored and pleased that our endeavors in reducing energy consumption towards CO2 reduction are well acknowledged.

TKM has invested enormous efforts to significantly improve energy efficiency, by reducing and monitoring daily energy consumption in all its operational processes. Through various energy initiatives, TKM has successfully achieved 100% Renewable Energy in Grid Electricity from June 2021, which includes TKM Manufacturing Plant at Bidadi and Onsite Supplier Companies, resulting in a carbon offset of over 2.7 lakh tons.

As a pioneer in green mobility solutions, Toyota is leading the way towards a better tomorrow and has always put an emphasis on environmentally sustainable solutions in everything we do, be it material sourcing, manufacturing, or sales & services. We are also expanding our learnings and initiatives across our value chain (Supplier, Dealer & Logistic Partner), thus making a larger impact on carbon footprint reduction. As we strive to ensure energy efficiency, this comes as an inspiration to further improve our processes to harness the energy sources.”

Needless to mention, we are also working towards rapid introduction of full range of green vehicle technologies that includes electrified vehicles (xEVs) in support of national objectives including the reduction of consumption & carbon emissions, and fast pacing mass electrification with a focus on ‘Make in India’.

Airtel Acquires Strategic Stake In Blockchain Technology Startup Aqilliz


Bharti Airtel (“Airtel”), India’s premier communications solutions provider, announced that it has acquired a strategic stake in Aqilliz – a Blockchain as a Service Company under the Airtel Startup Accelerator Program, subject to applicable statutory approvals.

Singapore-based Aqilliz has developed a patented hybrid blockchain platform, Atom that integrates differential privacy and federated learning on a distributed digital ledger. This allows brands to create secure and consent-based solutions to engage with customers in a rapidly evolving digital economy that’s becoming increasingly decentralised.

Airtel aims to deploy Aqilliz’s advanced blockchain technologies at scale across its fast growing Adtech (Airtel Ads), Digital Entertainment (Wynk Music & Airtel Xstream) and Digital Marketplace (Airtel Thanks App) offerings.

Adarsh Nair, CEO – Airtel Digital, said: “We, at Airtel, are deeply researching new technologies that drive the future of a digitally connected India. This relentless focus on innovation is also enabling us to unlock new growth engines within Airtel. Blockchain technology is maturing and we see its application across areas such as Adtech, Creator Economy, and Loyalty Programs. We are thrilled to have Aqilliz join our Startup Accelerator Program and be part of Airtel’s digital innovation factory.”        

Gowthaman Ragothaman, Founding CEO – Aqilliz added: “We are extremely excited to be a part of Airtel’s digital innovation play and bring this first of its kind blockchain technology to India. Legacy customer engagement, ad tech and marketing technologies are built for centralised databases. The future of the digital economy is already pivoting to managing value exchanges between brands, platforms and the consumer. Aqilliz’s patented technology will enable Airtel to capture and carry this value exchange in the form of consent and provenance across the digital supply chain. We look forward to working closely with the team at Airtel.”

Airtel Startup Accelerator Program invests in early stage start-ups working on technologies that have adjacencies to Airtel’s business offerings. The Program gives Startups the opportunity to deploy their technologies and applications at a massive scale, which includes 340M+ retail customers and over 1M+ business. In addition to funding, the Program offers mentorship from Airtel’s leadership team and access to Airtel’s global strategic partners.

Recently, Airtel launched the ‘Airtel India Startup Innovation Challenge’ in partnership with Invest India. Early stage Indian startups were invited to demonstrate solutions for 5G, IoT, Cloud Communications, Digital Advertising and Digital Entertainment. 10 winners will get the opportunity to access Airtel’s digital engineering ecosystem to co-create solutions and select few will be inducted into the Airtel Startup Accelerator Program.

About Airtel 

Headquartered in India, Airtel is a global communications solutions provider with over 480 Mn customers in 16 countries across South Asia and Africa. The company ranks amongst the top three mobile operators globally and its networks cover over two billion people. Airtel is India’s largest integrated communications solutions provider and the second largest mobile operator in Africa. Airtel’s retail portfolio includes high speed 4G/4.5G mobile broadband, Airtel Xstream Fiber that promises speeds up to 1 Gbps with convergence across linear and on-demand entertainment, streaming services spanning music and video, digital payments and financial services. For enterprise customers, Airtel offers a gamut of solutions that includes secure connectivity, cloud and data centre services, cyber security, IoT, Ad Tech and cloud based communication. For more details visit www.airtel.com

About Aqilliz

Aqilliz offers a first of its kind middleware technology that strives to enable an interoperable and collaborative digital marketing ecosystem. Our patented infrastructure, Atom, incorporates privacy-preserving techniques that help enterprises jointly perform advanced analytics on a federated layer and records such processing of activities on a distributed ledger. Such a trusted layer encourages enterprises to unify different proprietary technologies thereby helping the marketing ecosystem collectively discover sharper insights in real time, for efficient and effective activation.  Rooted in the principles of ethical use of data, Aqilliz benefits brands, platforms, and consumers alike through solutions in the fields of cross-media measurement, privacy-compliant marketplaces and digital advertising supply chain automation. For more information, visit aqilliz.com.

MINI Celebrates 10 Years In India With The Launch Of The First All-Electric Car In The Compact Premium Segment


* MINI 3-Door Cooper SE - Pulsating Performance, Iconic Design, A Silent Revolution.

* Early deliveries for pre-launch booking customers starting March 2022.

* Best charging infrastructure in the premium segment with fast chargers at BMW Group Dealer network in more than 30 cities across India.

* #MINIElectric #BIGLOVE #MINIIndia #ChargedWithPassion #MINI #TheMINIThings

The first all-electric MINI 3-Door Cooper SE was launched in India today. Available as a completely built-up unit (CBU), all available units were sold out during the pre-launch booking in Q4 2021. MINI India will be delivering the cars to the pre-launch customers from March 2022, earlier than promised. Bookings for the next phase of deliveries will start from March 2022, exclusively on the MINI Online Shop - shop.mini.in.

Every car drives, but not every car is for the drive. MINI is a different kind of car, for a different kind of drive. It's not the obvious choice. It never has been, and never will be. If you are looking for a car that’s all torque, as well as action, then let us introduce you to the latest MINI Electric. It feels better than ever, with immediate oomph thanks to instant torque. And it looks better than ever, with a sharper, sleeker update to its iconic MINI design and, of course, that all-new MINI Electric feeling. The MINI Electric is the best of both worlds, giving you the iconic character of MINI with all the benefits of going electric. Emitting zero emissions, it’s the perfect combination of sustainable driving, thrilling driving performance and iconic MINI design. The MINI Electric is reinventing urban life. It is inspired by its roots, progressive yet iconic, a true trailblazer. The car is changing the face of mobility and continues MINI’s tradition of making creative use of urban space with its eye on the future.

Mr. Vikram Pawah, President, BMW Group India said, “10 years into the country, MINI India is proud to bring the first all-electric car in the compact premium segment. In line with our ‘Digital First’ strategy, it is also the first series model exclusively available for booking on the MINI Online Shop and was completely sold out during the pre-launch booking phase itself. The MINI 3-Door Cooper SE combines MINI's inventive spirit and iconic design with instant torque, zero emissions and a low centre of gravity that enhances its legendary go-kart feeling. It paves the way into the future of MINI as an E-brand (E-lectric E-commerce E-xperience). The MINI 3-Door Cooper SE will play a significant role in inspiring creative individuals and trendsetters to drive the silent revolution.”

The ex-showroom price* of the all-electric MINI 3-Door Cooper SE is INR 47,20,000.

*Price prevailing at the time of invoicing will be applicable. Ex-showroom prices inclusive of GST (incl. compensation cess) as applicable but excludes Road Tax, Tax Collected at Source (TCS), RTO statutory taxes/fees, other local tax cess levies and insurance. Price and options are subject to change without prior notice. For further information, please contact the local MINI Authorised Dealer.

The MINI 3-Door Cooper SE comes with a Smart Wallbox charger with a fixed charging cable and one-time installation.

BMW India Financial Services customized financial solutions can be further designed as per individual requirements. MINI Electric ownership experience is hassle free as it comes with a standard two-year warranty for unlimited kilometres. The high voltage battery is covered by a warranty valid for 8 years or up to 100,000 kilometres. Repair Inclusive can extend warranty benefits from third year of ownership to a maximum fifth year without any milage limitation. 5 years 24x7 Road-Side Assistance provides complete peace of mind while on the move with facilities like portable roadside charging. BMW Group offers the best charging infrastructure in the premium segment with fast chargers at BMW Group Dealer Network in more than 30 cities across India. The MINI Electric can be serviced across 32 BMW Group touchpoints across the country.

The all-electric MINI 3-Door Cooper SE

MINI will globally be a fully electric brand after 2030. The MINI 3-Door Cooper SE paves the way into the future of MINI as an ‘Electric E-commerce Experience’ brand. The all-electric MINI 3-Door Cooper SE is the first model to combine electromobility in an urban setting with the hallmark MINI brand attributes. The dimensions, design, space and interior ambience are based on the conventionally powered MINI 3-Door Hatch.

The cars design blends modern aesthetic aerodynamic lines with new eye-catching signature details. Dynamic lines and a crisp, clean style combine with the wide track and short overhangs to give the MINI 3-Door Cooper SE its taut athletic presence. Striking ‘Energetic Yellow’ accents further enhance its unique appearance on the road. The sleek, captivating front grille has been given a very modern interpretation, embodying both MINI history and the future. The all-electric MINI is designed to complement vibrant city life and maximise your driving experience.

Distinctive headlights are accompanied by the new eye-catching side scuttles that house LED indicators and the Energetic Yellow 'S' logo. Mirror Caps in Energetic Yellow along with new design elements of the Piano Black exterior lend an even more individual appearance. The exclusive 17 inch / 43.18 cm Electric Power Spoke alloy wheels outlined in Energetic Yellow add to complete the all-electric MINI's sleek design. The asymmetrical spokes lend them a unique appearance and are aerodynamically optimised to improve efficiency.  The car is available in four unique exterior colours - White Silver, Midnight Black, Moonwalk Grey and British Racing Green.

The interior comes with the exclusive MINI Electric Interior Surface and sports seats with Cloth/ Leatherette Combination Upholstery in Black Pearl/ Carbon Black. The new multifunction steering wheel in Nappa Leather integrates more functions yet reduces the number of control surfaces. The new 5-inch/ 12.7 cm digital Multifunction Instrument Display in a sleek Black Panel design provides key driving information. It is brilliantly complemented by the 8.8-Inch/22.35 cm high-resolution, full-colour touchscreen. In addition, the audio control unit and the function buttons for hazard warning lights and driver assistance systems are integrated harmoniously into the circular control unit. Innumerable, finely integrated lighting strips and spots create ambient lighting that sets the right mood for every drive. Striking accents in ‘Energetic Yellow’ extend to the start/stop toggle switch, gear lever and unique badging on door sills.

The MINI Electric drive takes the legendary go-kart feeling to an entirely new and fascinating dimension with zero emissions and instant torque. With 184 hp/135 kW and a maximum torque of 270 Nm, the electric MINI sprints from 0-100 km in 7.3 seconds. Dynamic yet silent, the all-electric MINI offers an entirely new driving experience. It is powered with a battery capacity of 32.6 kWh and a driving range of up to 270 km. MINI 3-Door Cooper SE ensures fast and hassle-free charging.

50 kW DC Charger – 80% in 36 mins.

11 kW AC Charger – 80% in 2 hours 30 minutes.

2.3 kW AC Charger– 80% in 9 hours 43 minutes.

The first all-electric MINI comes in a fully loaded feature rich fixed profile including MINI Wired Package with Navigation System, Wireless Charging, enhanced Bluetooth mobile preparation, Multifunctional Instrument Display, Apple CarPlay® and Harmon Kardon Hi-Fi Speaker System.

MINI Driving Modes enable an individualised vehicle set-up focusing on ride comfort, enhanced sportiness or efficiency according to driver’s preference. In addition to the standard MID mode there is a choice of SPORT and GREEN mode. Driver Assistance Systems include Cruise Control, Park Distance Control, Rear View Camera and Tyre Pressure Monitor.

The all-electric MINI features cutting-edge safety technology. The standard safety equipment comprises of front passenger airbags, Brake Assist, 3-Point Seat Belts, Dynamic Stability Control, Crash Sensor, Anti-lock Braking System, Cornering Brake Control, Run-flat tyres and Rear-View Camera. The standard MINIMALISM technology includes auto start/stop function, brake energy recuperation, active cooling air ducts and electromechanical power steering.

MINI has established nine authorized dealerships in India – Bird Automotive (Delhi NCR), Bavaria Motors (Pune), EVM Autokraft (Kochi), Gallops Autohaus (Ahmedabad), Infinity Cars (Mumbai), Krishna Automobiles (Chandigarh), KUN Exclusive (Chennai), KUN Exclusive (Hyderabad) and Navnit Motors (Bangalore).

Mindtree Ltd: Growth Momentum To Stay Intact With Stable Profitability

 


HOLD

CMP: Rs3802  

Target Price: Rs 4300

* At its analyst meet, MTCL reiterated that steady execution of its well-devised '4*4*4 strategy' that focuses on four verticals (RCM, BFSI, TTH and CMT), four service lines (Customer Success, Data and Intelligence, Cloud and Enterprise IT) and four geographies (NA, UK & Ireland, Continental Europe, APAC & ME) has led to superior performance.

* The company has adopted a 3-pronged approach to accelerate growth in the core portfolio (cross-selling in Focused 100 clients, structured deals and M&A), expand the emerging portfolio (expand into newer geographies and services) and incubate new businesses (partnership with start-ups, academia, build PoCs in new areas).

* MTCL is confident to sustain EBITDAM at ~20% and is looking to invest additional savings into strengthening domain capabilities, geographic expansion, industry partnerships and future technologies to be ready for the next leg of digital transformation.

* MTCL has delivered a strong operating performance over the last few quarters, and it expects to sustain the momentum in FY23 on the back of strong broad-based demand. We maintain Hold on the stock with a TP of Rs4,300 at 33x Mar'24E EPS.

Wednesday, February 23, 2022

SJVN – Creduce (JV) In 1500 MW, Largest Indian Hydro Power Based Carbon Credit Deal


Creduce Technologies Private Limited – HCPL JV announces winning the bid for India’s single largest Hydro Power Carbon Credits project with Satluj Jal Vidyut Nigam Ltd. This project under joint venture could result in creation of more than 80 million carbon credits from Satluj Jal Vidyut Nigam’s vintage project making it the biggest public-private collaboration for claim and trade of carbon credits in the country in recent times. Looking at the current International Carbon Market Prices, This carbon credit project activity is poised to fetch approx USD 100 Million revenue into SJVN’s books.

The Satluj Jal Vidyut Nigam Ltd (SJVN) that began with a single project and State operation (i.e. India’s largest 1500 MW Nathpa Jhakri Hydro Power Station in Himachal Pradesh), today has commissioned several projects totalling more than 2500 MW of installed capacity. Besides the Nathpa Jhakri project SJVN also has Rampur Hydro Power project in Himachal Pradesh with a capacity of 500 mw together with consolidated installed and upcoming wind and solar power contributing to another 500 mw.

SJVN decided to avail the carbon credits and Invited Bids from the eligible Service providers. Creduce – HPCL JV emerged as the winner of rigorous tendering process and Won the Project.  With this project activity, SJVN and Creduce are also aiming to align with the new rules emerging from the Paris Climate Agreement.

The additional revenue will also bolster efforts for SJVN’s additional projects that it is implementing and operating in Himachal Pradesh, Uttarakhand, Bihar, Maharashtra, Uttar Pradesh, Punjab, Gujarat and Arunachal Pradesh in India besides neighbouring countries of Nepal and Bhutan.

Commenting on the mega collaboration, Shailendra Singh Rao, Founder, Creduce says, “Pursuant PM Modi’s announcement at COP26, Creduce has embarked on the ambitious journey of creating and servicing withing the Compliance and Voluntary Carbon Credits framework for all green projects to claim and utilize carbon credits. We are honoured to be a part of this deal where we would help SJVN claim millions in carbon credits and subsequent revenues over the coming decade.”

With SJVN’s vintage and future produce, the numbers would definitely help enhance the health of this balance sheet and support implementation of more such projects in the State of Himachal Pradesh and the country.

This announcement is a major step towards the mission of achieving net-zero emissions by the year 2070 as announced by Prime Minister Narendra Modi during the COP26 summit.

“We are proud to have partenered with Creduce to help de-carbonise the Indian and global economy. It is incumbent among each firm, be it government or private to commit to the  carbon markets and help the fight against climate change,” said Kartik Upadhyay, Managing Director, Hydel Consultants Private Limited.

About Shailendra Singh Rao

Serial Entrepreneur, Founder of Two Successful start-ups in domains as Renewable Energy consulting (Envarrior Consulting Services, now Creduce) & On demand Hyperlocal Laundry Services (www.Laundrynow.in, an Internet based start-up) Awarded as ‘Entrepreneur of the Year 2016’ by The Entrepreneur Magazine & Franchise India Group, ‘Entrepreneur of the Year 2017’ by APS Media Group and ‘Entrepreneur of the Year 2017’ by Times Media and Bharti Airtel. Made it to FORBES 100 notable under 40 Entrepreneurs in India.

ABOUT CREDUCE

C stands for Carbon, Climate Change, whereas Reduce represents the need to eradicate, offset and eradication of the debilitating effects – Hence Creduce

For the past decade, Creduce has been a pioneer in the field of Climate change mitigation technologies consulting and Global Carbon Credits advisory services. Creduce has a wide presence with projects located in Pan Indian States and Globally. Climate and human development are sides of the same coin. Creduce strives for a world where businesses, governments and communities make climate action the new normal.

Wholistic Wellbeing Company RoundGlass Launches ‘Living’ App


RoundGlass, a global organization on a mission to democratize Wholistic Wellbeing for the world, has launched RoundGlass Living app for wellbeing seekers. Coming at a time when a global pandemic has disrupted lives at every level, the app will help users find their way to managing work-life balance, getting better sleep, parenting, eating healthy, coping with grief, and making end-of-life decisions. RoundGlass Living offers guidance from the world's best teachers in form of authentic, science-backed courses, classes, live sessions, and more, guiding users to a life of happiness, harmony, health, and growth.

Speaking at the launch, Sunny (Gurpreet) Singh, Founder, RoundGlass said, “RoundGlass Living is not just an app but a friend, a coach who will help you get started on your journey to Wholistic Wellbeing. It will transform your lives and take you to a place where you feel better. With this app and website, we want to deliver Wholistic Wellbeing for everyone and make the world a more joyful place to live in.”

There are multiple practice pathways to choose from — meditation and mindfulness, music, cooking, and movement — helping users understand what works for them. Users can create their profiles and receive personalized recommendations and watch themselves grow into their better selves.

Talking about the teachers on RoundGlass Living, Prakriti Poddar, Global Head, Mental Health and Wellbeing, RoundGlass, said, “We have curated some of the best teachers and experts from across the world, including the likes of Nithya Shanti, Vimalasara, Almeiri Santos, and Curtis Smith. And we have culled their years of practice and unparalleled experience into our live sessions, classes, and courses to guide seekers on their wellbeing journeys. RoundGlass Living+ provides users exclusive one-on-one sessions with these masters.”

The app, available for iPhone and Android users, has a free and a premium version (Living+) with a monthly subscription of $7.99 and an annual subscription of $59.99 (introductory price). The premium version offers unlimited access to all videos, early access to classes and courses, the ability to download and watch on-demand, and reserved seats for exclusive events.

About RoundGlass Living

RoundGlass Living is our digital solution, which aims to open a new joyful world of Wholistic Wellbeing for its users. Offering curated knowledge and guidance from the world's best teachers, it will hand-hold its users on their wellbeing journeys. Users can choose from a wide range of practice pathways such as meditation, yoga, nutrition, and music to achieve Wholistic Wellbeing.

RoundGlass Living will give its users access to courses, classes, and live sessions; insightful articles; and wellbeing tools such as customized meditation timer and reminders. Be it recourse for everyday stress and anxiety, managing difficult emotions, or coping with grief the app will help users live better and more joyfully.

To learn more, visit https://round.glass/living/

About RoundGlass

RoundGlass is a global wholistic wellbeing company dedicated to empowering and enabling people on their wellbeing journey. Our mission is simple yet ambitious: to inspire the power of Wholistic Wellbeing to create a happier, healthier, and more joyful world. We work to achieve this by investing in and developing new technology, sharing knowledge, and focusing on action for the good of the individual, their community, and the wider world.

VKC Pride Launches ‘Shop Local’ To Woo The Online Customers


VKC Pride, India’s leading PU footwear manufacturer has launched a unique ‘Shop Local’ to woo the customers to nearby shops and help local neighbourhood businesses flourish. The campaign is aimed at energising local shops and to quell the threat of online

"If every neighbourhood can adopt this #ShopLocal Culture, it will help the Neighbourhood businesses thrive and help the neighbourhoods flourish as it will create more jobs in the neighbourhood and more money will change hands in the Neighbourhood itself as the money is not sucked out of the Neighbourhood by online marketplaces. Please join the #ShopLocal Culture Neighbourhood Movement to make your neighbourhood beautiful and power India to prosperity." said VKC Razak, Managing Director, VKC Group.

Three Campaign Tools: VKC Pride #ShopLocal campaign uses three powerful tools to get shoppers to shop from neighborhood shops.

Weekly Prizes: The first tool is VKC Pride 2022 Celebrations scheme that helps customers win a whole lot of prizes every week when they shop from nearby shops. Also, have a mega reward as a bumber prize. 

Modern Technology: The second tool of VKC Pride #ShopLocal Campaign is the new VKC Parivar App that helps online customers to shop from shops in their neighborhood by choosing the products on the App and pick up from the neighbourhood shops. Through the VKC Parivar App, every neighbourhood shop can cover an area of 20 kms.

Amitabh Bachchan Endorsed Ad-Less Ad: The third tool is the power of endorsement of the legend of Indian Cinema Sri. Amitabh Bachchan with a unique Neighbourhood Business and Prosperity film in the India's Pride My Pride ad series using the special technique of an ad-less ad pioneered by VKC Pride and originated by Breakthrough Brand & Business Consulting.