Skill India To Upskill 4000 ISRO Technical Staff Over The Next 5 Years

* Ministry of Skill Development and Entrepreneurship Signs MoU with Indian Space Research Organisation, launches ISRO Technical Training Programme

* The training will start in Bangalore, Chennai, Calicut, Hyderabad, and Mumbai NSTIs

With an aim to upskill the technical staff at the Department of Space in the Indian Space Research Organisation, the Ministry of Skill Development and Entrepreneurship (MSDE) signs a MoU (Memorandum of Understanding) with the Indian Space Research Organisation (ISRO). The MoU was signed by Shri Rajesh Aggarwal, Secretary MSDE and Shri S. Somanath, Secretary Department of Space/ Chairman ISRO.

The programme is aimed at creating a formal framework for short-term courses to provide training for the skill development and capacity- building of the technical staff of ISRO as per the industry requirements, in the space domain in the country. More than 4000 ISRO technical employees will be trained in the programme over the course of the next 5 years. The location of the training will be the National Skill Training Institutes (NSTI) under MSDE located across India.

The objective of the training programme is to boost the skills of various technical staff working across ISRO centres and units under Department of Space (DOS). With the help of MSDE and its state-of-the-art training institutes across the country, the programme will impart training in specific disciplines to upgrade employees' skillsets as per the latest industry trends and requirements. Under the MoU, ISRO will jointly work with MSDE and associated NSTI to prepare a detailed training calendar, training curriculum, and syllabus to accomplish the larger objectives of the programme. ISRO will provide trainee kits to the trainees.

With that, MSDE will also arrange labs, workshops, classrooms, specimens, and other training facilities to effectively carry out the programme at identified National Skill Training Institutes (NSTI) in consultation with Capacity Building Programme Office (CBPO). MSDE will also be responsible for the overall management and complete supervision of the programme for its successful execution.

Expressing his views on signing the MoU, Shri Rajesh Aggarwal, Secretary, Ministry of Skill Development and Entrepreneurship, said, “With the advent of technology and the world moving towards digitization, it is imperative that we upskill our technical staff across sectors. The upskilling of tech experts at ISRO is a step in that direction. ISRO has been a game-changer when it comes to redefining the space domain at large over the last ten years. These training programmes will enable technical personnel to embrace and augment cutting-edge technology, thereby elevating India's standing in the space domain. We look forward to contributing to their success as they chalk a new future of the space for India”.

Effective immediately, the MoU was signed in the presence of Shri TVLN Rao, RD, RDSDE, Karnataka; Shri Kumarvel, DD, RDSDE, Karnataka; Shri C Ravi, Director, CFI, DGT; Shri Parveen Kumar, DD, DGT; Shri Manish Gupta, Assistant Director, MSDE; N. Sudheer Kumar, Director, CBPO, ISRO; and Nishant Kumar, Dy Director, ISRO. The same will be valid for a period of 5 years.

About the Ministry of Skill Development and Entrepreneurship (MSDE)

MSDE was formed on 9th November 2014, by the Government of India to focus on enhancing employability of skills. Since its inception, MSDE has undertaken significant initiatives and reforms in terms of formalizing the policy, framework and standards; launching of new programs and schemes; creating new infrastructure and upgrading the existing institutions; partnering with States; engaging with industries and building societal acceptance and aspirations for skills. The Ministry aims to bridge the gap between demand and supply of skilled manpower to build new skills and innovation not only for existing jobs but also for jobs that are to be created. Till date, more than 5.5 crore people have been trained under Skill India.

Over 50% Of Food Experts In India Foresee People Rediscover Their Cultural Roots Through Food: Godrej Food Trends Report 2022

The fifth edition of the food trends report by Godrej was unveiled by Mr.Nadir Godrej, Chairman and Managing Director, Godrej Industries Limited in the presence of who’s who of the culinary space in India. Started as an annual initiative in 2018, Godrej Foods Trends Report 2022 - Collector's Edition, saw the coming together of over 200+ thought leaders that included celebrity chefs, home chefs, professional chefs, food bloggers, health professionals, media professionals, mixologists, nutritionists, restaurateurs, sommeliers, food producers, and more, all of whom shared deep insights about their respective areas of expertise.

Some key findings that have emerged for 2022 are:

·         REDISCOVERING CULTURE: 55.6% of the culinary panel predict a growing desire amongst people to rediscover cultural roots through food. In the same vein, curiosity about culinary cultures will see people experimenting with cuisines other than their own as per 50.8% expert panel

·         SNACKING - With health in sharp focus, 55.6% predict millet-based snacks will be in demand

·         DINING IN - Home Delivery is set to soar. More than 80% panel predict that consumers will rely on home-delivered meals from trusted sources

·         DINING OUT - Eating for wellness will drive cuisine choices on restaurant menus. 50% panel picked Mountain Cuisines of India, and 48.4% voted for a deeper exploration of North East cuisines.

·         HEALTH HYGIENE AND LIFESTYLE: Food safety will be in focus in 2022. 70.8% of the panel weighed in on the need for clean, hygienically packaged meats and seafood from trusted sources. While 45% panel predict a rise in proactive use of home pest relief, hygiene and sanitation products

·         DIETARY FAT: Consumption and rotation of fats in the diet will be an important conversation in 2022, more than 80% of our panel see Cold Pressed unrefined oils being popular. While 71% predict gourmet premium ghee varieties will grow

·         DESSERTS: 61.7% of the panel predict desserts with healthier claims will prevail, in-home and on dining out menus. 57.4% predict bite-sized, portion-controlled desserts will be popular. Indian Mithai will see a marked more than 40% of the panel weighing in on a growing sense of pride in traditional, regional Indian sweets and mithais at home and 50% predicting a rise in popularity for Gourmet Mithai from the Industry (high end options for traditional Indian sweets).

·         BEVERAGES: India has woken up to Gourmet Indian coffee. 70% of the expert panel predict Gourmet Indian coffee as the top focus in 2022 in the Non-Alcoholic Beverage Segment, while more than 50% see Gourmet Indian origin artisanal coffee/tea brands being popular in homes.

·         FOOD STUDIES:  More than 55% panel see people investing in documenting culinary heritage while 64.1% of professionals will invest in super-specialisation in hospitality programs (eg. specialisation in Wines, Mixology, Breads, etc)

Commenting on the Godrej Foods Trends Report, Tanya Dubash - Executive Director & Chief Brand Officer, Godrej, said, “I am happy to present the 2022 Collector’s edition of the Godrej Food Trends Report. The objective has been to bring together the best minds from the food industry and collectively track the emerging trends in the food space.”  

She further, added, “As per the findings, 2022 will be about recognizing eating for wellness. Some of the other key trends that have emerged showcase the rediscovery of our culinary roots, supporting local, and taking pride in all things Indian. The focus will be on traditional food systems, inherent wisdom in culinary practices, and building a connection with what we eat.”

Rushina Munshaw Ghildiyal, Managing Director, a Perfect Bite Consulting and Curating Editor of the Godrej Foods Trends Report 2022, said, “Over the last 5 years, the Godrej Food Trends Report has grown in depth, footprint and stature, year on year. The pandemic wrought a paradigm shift in the global food industry. But it also catalysed an exciting future for Indian cuisine both at home and globally. A shift in global perception around Indian cuisine, is bringing its nuanced complexity to the fore, reflected in the brand-new global overview section of the report. “

Adding further, she said, “2022, is going to be about recognizing the rich culinary heritage and growing pride in our culinary identity. We observe that culinary study will be an area of serious investment and a brand new section on Food Studies aims to track and report on this. But what makes this Collector’s Edition of the Godrej Food Trends Report 2022 truly special are the series of Culinary Deep-dives you will find in each section! Rich with visuals and insights these explorations cover a gamut of topics that have been strong conversations over the last 5 years and chronicle the topics such as the Rise of Desi Vegetables, Chicken Consumption, Indian Coffee, Mithai, Traditional Kitchenware, Plant Forward foods, and Indian Ferments.”

Godrej Food Trends Report 2022 – the detailed 95-page edition is available for download at www.vikhrolicucina.com . In addition to the quantitative insights, the top 12 predictions for 2022 are as depicted in the infographic 

SBI Card Q4 FY22 PAT Grows 231% To Rs 581 Crore Vs Rs 175 Crore For Q4 FY21

The Board of Directors of SBI Cards and Payment Services Limited approved the Company’s results for the quarter and financial year ended March 31, 2022, at their meeting held on Friday, April 29, 2022. 

Performance Highlights Q4 FY22  

Total Revenue increases 22% YoY to ?3,016 Cr  

Profit after tax increases 231% YoY to ?581 Cr  

ROAA at 7.0% for Q4 FY22 vs. 2.6% for Q4 FY21 

ROAE at 30.4% for Q4 FY22 vs. 11.2% for Q4 FY21 

Capital Adequacy Ratio at 23.8%; Tier 1 at 21.0%  

Key Metrics 

New accounts volume at 1,002k for Q4 FY22 up by 27% as compared to 791k for Q4 FY21. 

Card-in-force grew by 16% to 1.38 Cr as of Q4 FY22 vs 1.18 Cr as of Q4 FY21. 

Total spends grew by 51% to Rs 54,134 Cr in Q4 FY22 vs Rs 35,943 Cr in Q4 FY21. 

Market share FY22 (till Feb’22) – Card-in-force at 18.9% (FY21: 19.1%); Spends at 19.2% (FY21: 19.4%); Transactions at 19.8% (FY21: 19.7%).  

Receivables grew by 25% to Rs 31,281 Cr as of Q4 FY22 vs Rs 25,114 Cr as of Q4 FY21. 

GNPA at 2.22% as of Q4 FY22 vs 4.99% as of Q4 FY21; NNPA at 0.78% as of Q4 FY22 vs 1.15% as of Q4 FY21. 

RBI RE at Rs 287 Cr; less than 1 % of receivables in Q4 FY22. 

Profit & Loss Account for the Quarter ended March 31, 2022  

Total revenue increased by Rs 548 Cr, or 22% to Rs 3,016 Cr for Q4 FY22 vs Rs 2,468 Cr for Q4 FY21, increase is primarily due to higher Income from fees & services and interest income in Q4 FY22. 

Finance costs increased by Rs 24 Cr, or 10% to Rs 267 Cr for Q4 FY22 from Rs 244 Cr for Q4 FY21. 

Total Operating cost increased by Rs 291 Cr, or 23% to Rs 1,577 Cr for Q4 FY22 from Rs 1,285 Cr for Q4 FY21, increase is due to higher business volumes in Q4 FY22. 

Earnings before credit costs increased by Rs 233 Cr, or 25% to Rs 1,172 Cr for Q4 FY22 vs Rs 939 Cr for Q4 FY21. 

Total Management overlay provision at Rs 51 Cr as of Mar’22. Impairment losses & bad debts expenses decreased by Rs 312 Cr or 44% to Rs 393 for Q4 FY22 vs Rs 705 Cr for Q4 FY21. 

Profit before tax increased by Rs 545 Cr, or 232% to Rs 779 Cr for Q4 FY22 vs Rs 234 Cr for Q4 FY21 

Profit after tax increased by Rs 405 Cr, or 231% to Rs 581 Cr for Q4 FY22 vs Rs 175 Cr for Q4 FY21  

Profit & Loss Account for the financial year ended March 31, 2022  

Total revenue increased by Rs 1,588 Cr, or 16% to Rs 11,302 Cr for FY22 vs Rs 9,714 Cr for FY21. 

Finance costs decreased by Rs 16 Cr, or 2% to Rs 1,027 Cr for FY22 from Rs 1,043 Cr for FY21. 

Total Operating cost at Rs 5,844 Cr for FY22 from Rs 4,646 Cr for FY21, increase is primarily due to higher business volumes. 

Earnings before credit costs increased by Rs 406 Cr, or 25% to Rs 4,430 Cr for  FY22 from Rs 4,024 Cr for FY21. 

Impairment losses & bad debts expenses decreased by Rs 442 Cr or 16 % to Rs 2,258 Cr for FY22 vs Rs 2,700 Cr for FY21. 

Profit before tax increased by Rs 848 Cr, or 64% to Rs 2,172 Cr for FY22 vs Rs 1,324 Cr for FY21.  

Profit after tax increased by Rs 632 Cr, or 64% to Rs 1,616 Cr for FY22 vs Rs 985 Cr for FY21. 

Balance Sheet as of March 31, 2022 

Total Balance Sheet size as of March 31, 2022, was Rs 34,648 Cr as against Rs 27,013 Cr as of March 31, 2021. 

Total Gross Advances (Credit card receivables) as of March 31, 2022, were ? 31,281 Cr, as against Rs 25,114 Cr as of March 31, 2021.  

Net worth as of March 31, 2022, was Rs  7,824 Cr as against Rs 6,374 Cr as of March 31, 2021. 

Asset Quality 

The Gross non-performing assets were at 2.22% of gross advances as on March 31, 2022, as against 4.99% as on March 31, 2021. Net non-performing assets were at 0.78% as against 1.15% as on March 31, 2021. 

Capital Adequacy 

As per the capital adequacy norms issued by the RBI, Company’s capital to risk ratio consisting of tier I and tier II capital should not be less than 15% of its aggregate risk weighted assets on - balance sheet and of risk adjusted value of off-balance sheet items. As of March 31, 2022, Company’s CRAR was 23.8% compared to 24.8% as of March 31, 2021. 

The tier I capital in respect of an NBFC-ND-SI, at any point of time, is required to not be less than 10%. Company’s Tier I capital was 21.0% as of March 31, 2022, compared to 20.9% as of March 31, 2021. 

Rating 

CRISIL Long Term     -   AAA/Stable 

CRISIL Short Term     -   A1+ 

ICRA Long Term   -        AAA/Stable 

ICRA Short Term -          A1+ 

Union Bank of India Goes Live On “Account Aggregator Ecosystem”

Union Bank of India becomes the first public sector Bank to go live on the “Account Aggregator Ecosystem” for participating in Govt. of India’s Digital Initiatives. 

The Account Aggregator Ecosystem helps the Lenders to leverage on Digital data acquired with the consent from the Customers for providing them a seamless journey and eliminating the need of physical documentation. Financial Information User (FIU) can request for data from the Financial Information User (FIP) based on a simple consent given by the Customer on their Account Aggregator handle. 

Union Bank of India endeavors to work both as FIP and as FIU enabling its Customers to share Data digitally on real time basis. Union Bank has implemented the technology stack as per the Reserve Bank Information Technology (ReBIT) guidelines. 

The Account Aggregator (AA) Ecosystem which went live in September 2021 has seen active participation from Banks/NBFCs in the country.  

Wipro Mar’22 Quarter Results –Miss On Margins; Q4 Outlook Below Our Expectations

Actual vs. expectations

Revenues came in line while margin was below estimates

Likely stock reaction

Negative

Key positives – Broad-based revenue growth and steady progress on client mining 

Result Summary

·         Wipro reported revenues of USD 2.72bn, up 3.1%/26.4% QoQ/YoY (CC 3.1%/28.5% QoQ/YoY), tad below our expectations of USD2.75bn. (TCS Q4FY22 revenues was US$ 6.70bn, 3.2% CC QoQ; Infosys Q4FY22 revenues was US$4.28bn, 1.2% CC QoQ and HCLT Q4FY22 revenues was US$2.99bn, 1% CC QoQ) 

·         IT services EBITM declined 60bps sequentially during the quarter to 17%; 70 bps below our estimates.  (TCS IT services EBITM down 10 bps QoQ at 25%; Infosys EBITM declined 193bps QoQ to 21.6%; HCLT EBITM declined by 100bps to 18%)

·         Adj. Profits at Rs30.9bn (up 4% QoQ and YoY), vs our estimates of Rs30.6bn on account of lower taxes

·         Company guided Q1FY23 sequential growth to be in the range of 1% - 3% (below our expectations of 2-4%).

·          Company signed 9 large deals in Q4 with a TCV of USD0.4bn vs 0.6bn in Q3.

Growth by Verticals (all in constant currency terms)

·         Financial Services: 48.7%YoY ( V/s 47.4% YoY in Dec’21 quarter)

·         Manufacturing: 14%YoY ( V/s 4.9% YoY in Dec’21 quarter)

·         Healthcare: 12.8%YoY( V/s 9.1% YoY in Dec’21 quarter)

·         Communications: 24.4%YoY (V/s 26.5% YoY in Dec’21 quarter)

·         Energy: 13.5% YoY (V/s 15% YoY in Dec’21 quarter)

·         Consumer Business Unit: 34.6% YoY (V/s 37.9% YoY in Dec’21 quarter)

·         Technology: 14.5% YoY (V/s 21.9% YoY in Dec’21 quarter)

Growth by Strategic market units (all in constant currency terms)

·         Americas 1: 22.2% YoY ( V/s 22.7% YoY in Dec’21 quarter)

·         Americas 2: 33.8% YoY ( V/s 32.7% YoY in Dec’21 quarter)

·         Europe: 36% YoY ( V/s 38% YoY in Dec’21 quarter)

·         APMEA: 14% YoY ( V/s 12.5% YoY in Dec’21 quarter)

Manpower details

Total Headcount: 243,128, up 11,457 QoQ

LTM Attrition: 23.8%, V/s 22.7% in Dec’21 quarter and 20.5% in Sep’21 quarter.

PM Modi Inaugurates Multi-Level Cancer Care Network In Assam

Assam Cancer Care Foundation, a joint initiative of the Government of Assam and Tata Trusts, set up to address issues like lack of awareness about cancer, poor access to quality medical facilities, and lack of affordability

Network of world-class hospitals being set up across the state

Seven cancer care hospitals inaugurated; 3 more to follow

Foundation stones laid for seven more

Infrastructure to be supported by outreach programmes

Enhanced Infrastructure Accessibility and Outreach expected to improve early detection and hence better treatment outcome.

Bengaluru, April 29, 2022: The Prime Minister, Mr. Narendra Modi, inaugurated seven cancer care facilities in Assam, part of a state-wide, multi-level cancer care network to expand affordable cancer treatment to more towns and cities. The Prime Minister also laid the foundation stones of seven more facilities in the state, which will join the network in the second phase. The Governor of Assam, Prof. Jagdish Mukhi, the Chief Minister of Assam, Dr. Himanta Biswa Sarma, the Union Minister of Ports, Shipping, Waterways and AYUSH, Mr. Sarbananda Sonowal, Assam Minister of Health & Family Welfare, Science & Technology and Information Technology, Mr. Keshab Mahanta, Union Minister of State for Petroleum & Natural Gas and Labour & Employment, Mr. Rameswar Teli and the Chairman of Tata Trusts, Mr. Ratan N. Tata, were with Mr. Modi at the ceremonies.

Mr. Ratan N. Tata, Chairman of Tata Trusts, said, “I am happy that the Tata Trusts, along with the State Government’s support, has been able to implement the multi-level cancer care network in Assam. Cancer care in India is challenged by lack of facilities, late diagnosis, and high cost of treatment. The Tata Trusts has resolved to combat this by supporting the creation of capabilities across the country for high quality affordable care, nation-wide screening and early detection programmes. The fruition of this project in Assam will be a guiding light to the entire country.”

The seven hospitals, inaugurated by the Prime Minister, are in Dibrugarh, Barpeta, Kokrajhar, Lakhimpur, Darrang, Jorhat, and Tezpur, and are a part of the first phase roll-out of 10 such facilities. The three other facilities in Guwahati, Silchar, and Diphu are expected to be ready in the coming months. The next set of seven hospitals, for which Mr. Modi laid the foundation stones, are a part of the second phase of the programme and will come up in Sibsagar, Goalpara, Golaghat, Tinsukia, Dhubri, Nagaon, Nalbari districts of Assam.

This would be a unique initiative where state health infrastructure gets ultimately augmented with 10 MRI, 10 CT Scans, 10 Linear accelerators, 4 blood component labs, 10 automated laboratories, and 4 PET scans. This will help even non-cancer patients to access sophisticated diagnostic capabilities at affordable cost.

The multi-level cancer care model, developed by Tata Trusts, is being established and run by the Assam Cancer Care Foundation, a joint initiative of the Assam Government and Tata Trusts.

Cancer care facilities in India are concentrated in big cities. The situation forces patients and their families to travel to these centres, bearing high cost, often unaffordable for many. Tata Trusts’ Distributed Cancer Care Model (DCCM) eliminates these handicaps, and makes world-class treatment accessible, closer to where patients live, and, therefore, affordable.

Under DCCM, the infrastructure hierarchy will have 4 Levels, with each level playing a crucial role. Level 4 includes health and wellness centres for community outreach programmes for awareness, screening, and early detection of cancer; Level 3 centres are hospitals with day-care centres; Level 2 centres are typically at medical colleges, providing comprehensive cancer care and Level 1 facilities are apex centres providing all sophisticated forms of cancer care services, including research.

Tata Trusts, since 2017, has and is developing and augmenting more than 20 hospitals in six states through its Distributed Cancer Care Model. The organisation has been collaborating with various states and like-minded organisations to facilitate the network.

About Assam Cancer Care Foundation (ACCF)

Assam Cancer Care Foundation is a joint partnership between the Government of Assam and Tata Trusts. It was set up in December 2017 to create a first-of-its-kind, multi-level cancer grid in the state.

About Tata Trusts:

Since its inception in 1892, Tata Trusts, India’s oldest philanthropic organisation, has played a pioneering role in bringing about an enduring difference in the lives of the communities it serves. Guided by the principles and the vision of proactive philanthropy of the Founder, Jamsetji Tata, the Trusts’ purpose is to catalyse development in the areas of health, nutrition, education, water, sanitation and hygiene, livelihood, digital transformation, migration and urban habitat, social justice and inclusion, environment and energy, skill development, sports, and arts and culture. The Trusts’ programmes, achieved through direct implementation, partnerships and grant making, are marked by innovations relevant to the country. For more information, visit http://tatatrusts.org/

Tata Passenger Electric Mobility Announce AVINYA Concept Built On Its Pure EV Architecture

Taking a giant stride towards the next generation of electric vehicles, Tata Passenger Electric Mobility (TPEM), today made a smashing debut with the global unveil of the AVINYA Concept – an expression of the Company’s vision of a pure electric vehicle, based on its GEN 3 architecture. Derived from the Sanskrit language, the name AVINYA stands for ‘Innovation’. The AVINYA Concept introduces a new a typology of mobility that liberates enormous roominess and comfort, not restricted by traditional segmentation. It comes packed with new age technology, software and Artificial Intelligence that work in the background to deliver wellness and tranquillity during transit. Providing an extremely premium yet simple and calming customer experience, this concept will be fairly accessible to a majority of customers of fast growing, high volume segments of today. With this, TPEM is all set to unleash a new breed of EVs that will redefine the automobile space. This path breaking EV will be introduced to the market by 2025. 

Speaking at this landmark occasion, Mr. N Chandrasekaran, Chairman, Tata Sons and Tata Motors said, “While making the AVINYA Concept a reality, the central idea was to offer a mobility solution like no other – a state of the art software on wheels that is well designed, sustainable and reduces the planet’s carbon footprint. Green Mobility is at the nucleus of TPEM, and the AVINYA Concept is the perfect reflection of what the company stands for – a creation that will not only accelerate the adoption of EVs but also lead this movement. Furthermore, at the Tata group, we are uniquely positioned to bring all the expertise that is necessary to build these mobility solutions and we are confident that in years to come we will make a larger and sustainable impact not only in India but globally as well.”

Adding to this, Mr. Shailesh Chandra, Managing Director, Tata Motors Passenger Vehicles Ltd., and Tata Passenger Electric Mobility Ltd. said, “It is indeed a matter of pride for us at TPEM to present the AVINYA Concept to the world, a vision pivotal in signalling a ‘New Paradigm’. Holding on to its values of Simplicity, Timelessness, Effortlessness and Grace, the AVINYA is not only a concept but is our new identity, an identity which is here to challenge the status quo. It gives me an intense sense of optimism to present a new typology of vehicles that will introduce the automobile industry to options beyond mobility – a tranquil space which will offer you a complete sensory experience while on the move. At its heart, the AVINYA Concept has ‘IN’, which demonstrates our Indian roots and highlights how we pride ourselves in discovering new ways to move and power vehicles. The AVINYA Concept is the fruition of our first idea built on our Pure EV GEN 3 architecture, enabling us to produce a range of globally competitive EVs. Our vision for pure EVs is focused on delivering wellness and rejuvenation while traveling, backed by cutting-edge technologies, aimed at improving the overall quality of life.”

A TIMELESS DESIGN:

Originally inspired by a catamaran, the AVINYA Concept is an uncompromising vision for electric mobility. With a new silhouette, this concept is a mixology of the best of the worlds – it a product which combines the essence of a premium hatch to the luxuries and versatility of an SUV and the roominess and functionality of an MPV – all put together to create something new and beautiful. A significant highlight on the front and the rear of the vehicle is the new identity. This new identity as a part of the DRL is a subtle nod to our commitment to enhance the quality of life and is a pivotal step in the evolution of EVs. It is also the manifesto and emphasises the Horizon and the Infinite possibilities that the Gen 3 electrification will offer. Gliding to the sides, one is met by the ‘Butterfly’ doors, which welcome you with open arms to a class leading spacious interior which is sure to make its inmates feel calm.

The AVINYA Concept focuses on a human centric design and promises a sensory journey of its own. From the skydome that enhances the overall sense of space and natural light to the functional console inspired steering wheel, to the voice activated systems for a deeper interface for all its passengers, to the sustainable materials being used, that communicate the ethos of the product and finally the finishing touch of the aroma diffuser – that envelopes you in an ambience that is serene and soothing.

Furthermore, envisaging a future trend, this concept is designed to believe that lesser screen time is the way to go. Taking this into consideration the AVINYA Concept has been made screen-less, to bar any distractions inside the car and create a stress free environment for the mind and soul.

A PURE EV AT ITS CORE:

The AVINYA Concept stands for empathetic mobility, a machine that is engineered to be smart, spacious, sustainable yet techy. The agile and robust Pure EV GEN 3 Architecture offers this concept with a flexible design while boasting of next generation connectivity, advanced driver assistance systems and enhanced performance and efficiency. Pioneered out of India for the world, this global platform offers high structural safety and has the next level of water proofing and dust protection, making it ready for all forms of terrains.

This architecture is built with the use of next-gen materials, efficient electronic componentry and proprietary energy management strategies & algorithms for efficiency management. Use of light-weight materials, and optimized structure for an EV only powertrain with enabled appropriate stiffness, helps minimize the overall mass, leading to good weight management. Furthermore, the battery used will support an ultra-fast charge capability, in line with the infrastructure evolution, pumping a minimum 500 kms range in under 30 minutes. The overall philosophy for enhanced range would be ‘Minimize- Maximize – Optimize’.

Drawing inspiration from human sensory cues whilst promising a stress-free experience with every drive, the AVINYA stands by the concept of minimalism and is a leap forward in the right direction, making it the absolute regiment of sustainable movement.

Moveworks For HR: The First AI Solution That Provides Personalized HR Support

* Employees can automatically resolve workplace requests through simple conversations with Moveworks — freeing up HR teams to focus on the projects that matter most

Moveworks, the AI platform that powers the best places to work, today introduced Moveworks for HR: a sophisticated artificial intelligence solution built for human resources. The platform now automatically resolves employees’ HR requests, including benefits inquiries, PTO applications, payroll questions, and more.

The shift to flexible work has created enormous challenges for HR teams, since employees expect to stay productive, informed, and fulfilled from anywhere in the world. These employees overwhelm HR with thousands of requests, at all hours of the day, and they continue to quit at a record rate as their companies struggle to support them. Moveworks for HR solves these challenges at scale — with AI that provides instant, personalized help to every employee based on their unique role, department, seniority, benefits, location, and language.

“Moveworks is the core of our digital workplace, since it lets employees access support for the broader tech stack with a single search,” said Steve Phillpott, CIO and CDO at Solidigm. “Our job is about using technology to empower and improve the employee experience — whether they need IT support or HR help or more. That’s what we’ve achieved with Moveworks.”

Moveworks for HR is an out-of-the-box solution that requires no added work for HR teams. It plugs into a company’s preferred communications platform — Slack, Microsoft Teams, or a company portal, for instance — and automatically responds to each unique request with a personalized response. To provide the best possible answer, Moveworks’ machine learning models automatically ingest, scan, standardize, annotate, and conversationalize every knowledge article, form, FAQ page, and user record across an enterprise.

With this new release, HR teams can:

* Resolve common employee requests automatically: Employees can check remaining PTO balances, inquire about benefits, payroll, company holiday schedules, human resources information system (HRIS) questions, and more.

* Accelerate resolution time for complex issues: Employees go to a single place for PTO approvals, life event changes, employee verification letter requests, and more. Moveworks routes the request to the appropriate person for approvals and recommends the best action for the employee and the approver.

* Dramatically increase ROI for existing HR systems: Employees no longer have to ask their HR team to access information buried within HR systems and disparate knowledge bases. By connecting Moveworks to these existing systems, such as ServiceNow, Jira, Workday, SharePoint, Simpplr, Guru, and Confluence, among others, the platform can deliver the best possible solution in a single message.

“HR teams are responsible for every aspect of the employee experience, from onboarding new hires to handling major life events,” said Moveworks CEO Bhavin Shah. “This has become a near-impossible job in our complex digital world — further complicated by the fact that employees now expect instant support while working from anywhere and everywhere. HR teams need the help of sophisticated AI to overcome their organization’s biggest challenges, while still ensuring employees get the personalized HR support they need.”

Moveworks for HR uses hundreds of machine learning models to decide the best possible response or action for each specific user, considering their location, language preference, security permissions, and a variety of other factors. Employees simply ask for what they need, however they want, in whatever language they desire.

“We support over 1,000 team members across the globe with different needs and circumstances,” said Lainey Dailo, HR Operations Manager at Solidigm. “Moveworks navigates this complexity for us, which means our people get the personal touch they expect from HR, but without having to wait. To create an incredible employee experience, you need the combination of HR and AI.”

Moveworks for HR is a critical addition to the Moveworks platform. Moveworks customers already had the ability to answer questions across any line of business, send interactive comms at scale, and get insights across the entire digital business. With the addition of Moveworks for HR, businesses can resolve HR issues automatically — without the need for manual intervention.

To schedule a demo of Moveworks for HR, visit: https://www.moveworks.com/request-demo

About Moveworks

Moveworks is the AI platform that powers the best places to work.

Today, employees deal with endless distractions: they wait days to get IT support, search through dozens of systems to find the new HR policy, and don’t learn about critical changes until it’s too late. Moveworks lets them focus on what really matters. Our AI platform gives employees support in seconds, just by asking for what they need, and enables leaders to prevent problems in advance. With Moveworks, companies like Hearst, DocuSign, and Broadcom make work magic.

For more information, visit: Moveworks.com

Make A Promise Of Forever With De Beers Forevermark's Icon Bridal Collection

Whether a message of love or an enduring promise, nothing says “I do” like De Beers Forevermark’s Bridal collection. On the auspicious occasion of Akshaya Tritiya that celebrates new beginnings, the diamond brand presents a range of exquisite diamond jewellery.Inspired by the joy and beauty of the commitment that couples make to one another, De Beers Forevermark offers unique engagement and wedding diamond rings as a symbol of a couple’s shared love for each other, marking auspicious new beginnings with the promise of forever.

“As one of the most auspicious days in the Indian calendar, Akshaya Tritiya is associated with bringing good luck, success and fortune to those starting new ventures and celebrating new milestones in relationships. Diamonds hold meaning and value, marking a special memory in time. We hope that our specially crafted jewellery makes the expression of ‘I do.’ between couples set to mark new beginnings in their relationship, even more meaningful on this propitious day,” said Sachin Jain, Managing Director, De Beers India.

Designed to represent the romance and brilliance of a star in the night sky, while also mirroring the outline of a diamond - two everlasting symbols of forever, the icon has been reimagined in a diamond jewellery line. The collection features delicate settings and motifs enhanced by the beauty of De Beers Forevermark diamonds that captivate like stars at the centre of each design.

Deeply emotional and instantly life-changing, ‘I do.’ is one of the most meaningful and time-honoured expressions of intent. For more than a century De Beers has been helping couples express this profound commitment to each other. Each De Beers Forevermark engagement ring represents the promise of forever that is unique to every relationship.

Find your nearest De Beers Forevermark stores here https://www.forevermark.com/en-in/store-locator/ or discover the collection online at https://www.forevermark.com/en-in/diamond-rings/engagement-rings/

Taranbir Singh - CEO and Co-founder of FAARMS said, "We have been working on ground in spreading digital payment literacy among the farming community. We believe Bharat BillPay will revolutionize the way bills have been traditionally paid in India. The collaboration with the Government of India to integrate Bharat BillPay into the FAARMS app will give direct access to rural India to pay all their bills anytime anywhere instantly. This is a life-altering moment and we are glad to be the catalyst here."

Alok Duggal, COO and Co-founder of FAARMS says, "We have a deep reach in the remotest of villages in northern & central India and have been successful in gaining the trust of the farming community in the last 2 years. This helped us become one of the first agri-startup to tie up with, for connecting brands with the rural community".

About NPCI

National Payments Corporation of India (NPCI) was incorporated in 2008 as an umbrella organisation for operating retail payments and settlement systems in India. An initiative of RBI and IBA under the provisions of the Payment and Settlement Systems Act, 2007, NPCI was initiated for creating 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) 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.

About NPCI Bharat BillPay Ltd.

NPCI Bharat BillPay Ltd. is a wholly-owned subsidiary of National Payments Corporation of India. Came into effect from April 1, 2021, NBBL is growing rapidly on account of the ease and accessibility it offers to the customers and the one-stop solution to Billers for low-cost collections. The platform offers 20,000+ billers across multiple banks and non-bank channels.

Bharat BillPay To Offer Recurring Payments To Farmers Across India In Collaboration With FAARMS

·         Now, farmers can easily pay their recurring payments via Bharat BillPay on the FAARMS app

Bharat Bill Payment System, the one-stop platform for facilitating all recurring payments across categories has collaborated with FAARMS to enable the recurring payments facility for all the farmers across India. Through the FAARMS app, farmers can easily access a complete spectrum of products and services that include seeds, fertilizers, pesticides, animal feed, and more products delivered right at their doorstep. This collaboration will help to create a marketplace for the farmers across India wherein they can purchase products as well as manage various recurring payments like electricity, loan repayments, water bills, etc. on the same app.

In its continuous endeavour to support the Government of India and RBI’s vision for a cash-lite economy, Bharat BillPay has continuously strived to collaborate with new partners and facilitate digital inclusion by making recurring payments easy for the end-users. With this collaboration, Bharat BillPay will help in hand-holding, enabling, and driving each Indian household towards a seamless digital journey.

Currently, Bharat BillPay offers recurring payment services to customers across categories such as electricity, telecom, DTH, gas, education fees, water & municipal taxes, NETC FASTag recharge, loan repayments, insurance, cable, subscription fees, mobile prepaid recharges, and many others.

Noopur Chaturvedi, CEO, NPCI Bharat BillPay Ltd. (NBBL) said, “We are glad to collaborate with FAARMS to make life easier, safer, and effortless for every Indian household through Bharat BillPay. This partnership is a step towards bringing farmers into the mainstream digital payments ecosystem and bridging the financial inclusion gap for the last mile of the country. We look forward to collaborating with many new players to create a network effect and provide a convenient, uniform, and assured transaction experience to farmers and many such households across India.”

Persistent Systems Ltd: All-Round Beat; Growth Momentum To Remain Strong Globally

BUY

CMP: Rs4309  

Target Price: Rs4850

* PSYS reported better-than-expected operating performance in Q4. Revenues grew 9.1% QoQ/42.2% YoY (6.8%/36% organic) to USD217.3mn on the back of strong consistent growth in the Services business (14.7% QoQ). EBITM was flat sequentially at 14%.

* Revenue growth was broad-based across BFSI (9.8% QoQ), Healthcare & Life Sciences (9.1%) and Software, Hi-tech & Emerging industries (8.7%). Order booking stood at USD361mn (1.7x book-to-bill) in TCV, including USD195.1mn of new business TCV.

* Services revenues grew 14.7% QoQ to USD198mn, driven by 10.8% volume growth. Services has posted an ~11% CQGR in the last four quarters, and management remains confident of sustaining growth momentum. IP-led revenues declined 27% QoQ largely due to the restructuring of the CE/CLM IP deal with IBM to a T&M services model.

* We raise our FY23/FY24 EPS estimates by 6.5%/4.9%, factoring in Q4 performance, integration of the Media Agility acquisition and higher EBITM assumptions. We maintain Buy with a TP of Rs4,850 at 35x Mar'24E EPS (earlier Rs4,600), considering favorable industry tailwinds and a strong earnings trajectory (~24% EPS CAGR over FY22-24E).

LTI Achieves Premier Partner Status In The AWS Partner Network

* Also attains AWS IoT Competency and AWS Energy Competency

Larsen & Toubro Infotech (BSE: 540005, NSE: LTI), a global technology consulting and digital solutions company, has achieved Premier Partner Status in the AWS Partner Network (APN), an Amazon Web Services (AWS) global community of partners that leverages programs, expertise, and resources to build, market, and sell customer offerings. LTI achieved this recognition for its expertise in assisting enterprises achieve their cloud technology goals across complex customer landscapes.

As a Premier Consulting Partner, LTI has demonstrated the ability to help enterprises harness the full potential that AWS has to offer and accelerate their journey in the cloud. Achieving Premier Consulting Partner status differentiates LTI as an AWS partner with deep expertise and success in helping customers design, architect, build, migrate, and manage their workloads on AWS.

Recently, LTI also achieved the AWS Energy Competency and AWS IoT Competency for helping customers optimize the entire value chain including geophysical and reservoir analysis, production operations and optimization, pipeline operations, and optimization of solar and wind renewable power generation. AWS Competency Partners are vetted and validated against various benchmarks to achieve the prestigious designation.

Sanjay Jalona, CEO & Managing Director, LTI, said, “We are proud to receive Premier Consulting Partner status in the AWS Partner Network. LTI enables digital transformation to offer enterprises automated and scalable paths to achieve true cloud innovation. Completing the rigorous process of demonstrating our AWS expertise, including the extensive accreditation and certification process; shows that our team is dedicated to helping companies achieve their technology goals by taking advantage of the agility, breadth of services, and pace of innovation available in AWS.”

“We are pleased to recognize LTI as an AWS Premier Consulting Partner,” said Chris Sullivan, Global Director, WW System Integrators & Strategic Alliances at Amazon Web Services (AWS). “LTI is helping enterprises around the world accelerate their migration and modernization journeys. Their achievements demonstrate our mutual commitment to help customers transform their business with the scale, security and agility of AWS”.

James Harrison, Senior Vice President, Global Infrastructure and Cloud Operations at ViacomCBS, said,“We at Paramount congratulate LTI on their AWS Premier Consulting Partner status achievement. LTI is an important partner in our cloud adoption strategy, and they display a superior understanding of the AWS services portfolio and the ability to leverage their ecosystem. We look forward to working with LTI & AWS in our ambitious cloud journey."

In order to become an AWS Premier Partner, companies complete a rigorous approval process through accreditations and certifications, and demonstrate a long-term investment in their relationship with AWS, with a must-have extensive expertise in deploying customer solutions in AWS. LTI has previously attained AWS competencies for DevOps, Migration, Data & Analytics, Financial Services, Machine Learning, Microsoft Workloads, and SAP.

About LTI:

LTI (NSE: LTI) is a global technology consulting and digital solutions Company helping more than 485 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 45,000 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.

Role Of Credit Report And Score For Home Loan Eligibility? What Are The Top Reasons For A Poor Credit Score?

When you seek a loan, the financial institution screens your credit report to evaluate the amount of credit you are eligible for and the amount that you can service. This document gives the lender an insight into your identity, your credit history (the loans you have taken in the past), your ongoing credit accounts, payments, recent enquiries for more credit, and of course, your credit score.  

A good credit score will vouch for you in many ways when it comes to getting a credit card, a car loan, home mortgage and so on. Neeraj Dhawan, Managing Director, Experian India said, ‘’Your credit score - a three-digit number – is derived from detailed analysis of your credit history which includes every major financial step, your overall behaviour in handling money and other valuable assets that you have created besides your general attitude towards financial obligations, including your utility payments.’’ 

Top reasons for a poor Credit score: 

Delayed repayments: When borrowers delay in making repayments, it leads to poor credit score. If you have consistently delayed making payments, it can affect your credit score. The more the number of delayed payments the higher the impact on credit score to drop down.  

Multiple loans: Multiple ongoing loans might also affect the credit score as it will increase the debt burden and hamper the ability to repay. 

Not having a long credit history: Having a long credit history helps maintain your credit score. If possible, you should keep your old credit cards open rather than closing it to enable you to capitalize on the years of good credit history and repayment behaviour. 

Applying for multiple loans or credit cards: Applying for multiple loans or credit cards sends out a message that you are desperate for credit. It is advisable to space out your credit card and loan applications instead of applying at the same time. To avoid triggering hard inquiries due to multiple credit applications, you can download your free Experian credit report and share it with the lending institutions.  

Not reviewing your credit report: A credit report is a summary of all your personal information, credit transactions, credit accounts, and repayments. Any discrepancy in your credit report can bring down your credit score. In order to ensure factual accuracy in your credit report, it is advisable to check your free Experian Credit Report and Score regularly. To avail of your free, unlimited Experian credit report, visit www.experian.in.   

Life Insurance Corporation of India’s IPO Open From May 4-9, Sets Price Band At Rs 902 To Rs 949 Per Equity Share

·         Price Band of Rs 902 – Rs 949 per equity share bearing face value of Rs 10 each (“Equity Shares”).

·         Discount - Rs 45 per Equity Share to Retail and Eligible Employee Category and Rs 60 per Equity Share to Policyholder Category

·         Bid/Offer Opening Date – Wednesday, 4 May, 2022 and Bid/Offer Closing Date – Monday, 9 May, 2022.

·         Minimum Bid Lot is 15 Equity Shares and in multiples of 15 Equity Shares thereafter.

·         The Floor Price is 90.2 times the face value of the Equity Share and the Cap Price is 94.9 times the face value of the Equity Share.

Life Insurance Corporation of India (“LIC” or the “Corporation”) has fixed the price band at Rs 902 to Rs 949 per Equity Share for its maiden public offer. The initial public offering (“IPO”) of the Corporation will open on Wednesday, 4 May, 2022 for subscription and close on Monday, 9 May, 2022. Investors can bid for a minimum of 15 Equity Shares and in multiples of 15 Equity Shares thereafter.

The IPO is through an offer-for-sale (“OFS”) of up to 221,374,920 Equity Shares by the President of India, acting through the Ministry of Finance, Government of India ("Selling Shareholder") (“Offer”). The Offer includes a reservation for Eligible Employees and Eligible Policyholders.

LIC, India's largest life insurer, had a market share of 61.6% in terms of premiums or GWP, 61.4% in terms of New Business Premium (or NBP), 71.8% in terms of number of individual policies issued, and 88.8% in terms of number of group policies issued, for the nine months ended December 31, 2021 (Source: the CRISIL Report).

LIC was formed by merging and nationalizing 245 private life insurance companies in India on September 1, 1956, with an initial capital of Rs 50.00 million. LIC is the fifth largest life insurer globally by GWP (comparing LIC’s life insurance premium for Fiscal 2021 to its global peers’ life insurance premium for 2020) (source: the CRISIL Report) and the largest asset manager in the country as at December 31, 2021 (source: the CRISIL Report), with an established track record of financial performance and profitable growth. As at December 31, 2021, the Corporation covered 91% of all districts in India and had the largest individual agency network among life insurance entities in India, comprising approximately 1.33 million individual agents.

LIC’s individual product portfolio in India comprises 32 individual products (16 participating products and 16 non-participating products) and seven individual optional rider benefits. LIC’s group product portfolio in India comprises 11 group products. Customers in the age bracket 27 to 40 years old accounted for approximately 42% and 42% of individual policies sold in Fiscal 2021 and the nine months ended December 31, 2021, respectively. LIC’s omni-channel distribution platform for individual products currently comprises (i) individual agents, (ii) bancassurance partners, (iii) alternate channels (corporate agents, brokers and insurance marketing firms), (iv) digital sales (through a portal on our Corporation’s website), (v) Micro Insurance agents and (vi) Point of Sales Persons – Life Insurance.

LIC and the Selling Shareholder may, in consultation with the book running lead managers to the Offer, consider participation by Anchor Investors in accordance with the SEBI ICDR Regulations, whose participation shall be one Working Day prior to the Bid/Offer Opening Date, i.e., Monday, 2nd May, 2022. The Offer is being made in terms of Rule 19(2)(b) of the Securities Contracts (Regulation) Rules, 1957, as amended, read with Regulation 31 of the SEBI ICDR Regulations. The Offer is being made through the Book Building Process, in terms of Regulation 6(1) of the SEBI ICDR Regulations, wherein not more than 50% of the Net Offer shall be available for allocation to Qualified Institutional Buyers, not less than 15% of the Net Offer shall be available for allocation to Non-Institutional Bidders and not less than 35% of the Net Offer shall be available for allocation to Retail Individual Bidders.  The Offer includes a reservation of 0.025% of the Post-Offer paid up Equity Share capital for Eligible Employees and 0.35% of the Post-Offer paid-up Equity Share capital for Eligible Policyholders.

All capitalized terms used herein and not specifically defined shall have the same meaning as ascribed to them in the red herring prospectus dated 26th April, 2022 (“RHP”) filed with SEBI and the stock exchanges.

Photo caption (L-R) - S Ramesh (MD & CEO, Kotak Mahindra capital company Ltd),  Amit Agrawal (ADDLLL Secretary DFS),  M.R Kumar (Chairperson, LIC), Tuhin Kanta Pandey (Secretary DIPAM), Dr. Alok Pande (Joint secretary DIPAM), Sanjoy Chatterjee (Chairman & CEO Goldman Sachs India Security Pvt. Ltd).

Hero MotoCorp Handed Over Hero Destini 125 Scooters To The Indian Soldiers Who Were Disabled While In Service

Saluting the exemplary grit and determination of Indian Army veterans, Hero MotoCorp, the world's largest manufacturer of motorcycles and scooters, today handed over Hero Destini 125 scooters to the soldiers who were disabled while in service.

These retro-fitted scooters were handed over to the soldiers here today in the presence of Brigadier Sanatan Singh (VSM), Brigadier Vikas Bhardwaj of the Directorate of Indian Army Veterans (DIAV) and Bharatendu Kabi, Head - Corporate Social Responsibility (CSR) and Corporate Communication, Hero MotoCorp.

These retro-fitted Hero Destini 125 scooters are supported by two auxiliary wheels in the rear - which have been customised to provide a safe and convenient riding experience. The Company has already handed over these scooters to the soldiers of Indian Army across Gujarat, Delhi-NCR, Andhra Pradesh, Tamil Nadu, Punjab, Haryana, Uttar Pradesh, Jammu & Kashmir, Karnataka, Bihar, Maharashtra, Uttarakhand, Jharkhand, Himachal Pradesh, Assam and Kerala.

Bharatendu Kabi, Head - CSR and Corporate Communication, Hero MotoCorp said, “We are honoured and delighted to partner with the Directorate of Indian Army Veterans in this noble cause. As part of the initiative under our CSR platform “Hero WeCare”, we are glad to be able to extend mobility support to these Heroes. We have already handed over more than 100 such retro-fitted Destini scooters to the soldiers in various states across the country.” 

Under its flagship CSR platform Hero We Care, Hero MotoCorp has been significantly contributing towards building a Greener, Safer and Equitable World. The company has been at the forefront of environment conservation, promoting and inculcating road safety practices, and empowerment of young girls and women, specially-abled individuals and the underprivileged sections of society.

Upgraded Nokia 105 And New Nokia 105 Plus Launched In India; Built To Love And Last

·         The upgraded Nokia 105 phone promises a new powerful build, ergonomic modern design in a range of colours that are scratch and bump resistant and an FM wireless radio, offering entertainment on the go even without headset

·         The new Nokia 105 Plus dons an MP3 player, auto call-recording & memory card features

HMD Global, the home of Nokia phones, has launched upgraded Nokia 105 and the new Nokia 105 Plus. The devices promise solid strength and style the signature values of the brand. Nokia 105 features a solid, modern design that fits perfectly in the hand. The brand new feature of Wireless FM Radio is powered by a big and long-lasting battery life for never ending games and talk time. The inherent colours of the phones minimize the visibility of scratches while it also offers entertainment on the go. Nokia 105 Plus has an MP3 Player, auto call-recording & memory card features which is a great value addition in this category.

The phones are a perfect fit for consumers who are looking for value for money devices which offer usability along with entertainment. The feature-heavy entry-level Nokia 105 Plus’ key USPs are the long lasting battery life, innovative design and a strong body. MP3 player, Auto Call Recording & FM capability with optimum volume level adds significantly to the utility of the phone.

The phones offer the best value for the price point promising to serve a large segment of consumers by winning on affordability and utility. These also serve as a perfect devices for a consumer’s seeking a digital detox. The phones come with the assured quality and durability of Nokia smartphones, and is backed with the unique one year replacement guarantee**.

This launch is set to further strengthen Nokia’s number one position in the feature phone market in India.  The trusted brand has emerged #1 by value and #3 in volume for calendar year 2021 as per IDC report 2021 report.

Sanmeet Singh Kochhar, Vice President, HMD Global: “Nokia is number 1 feature phone brand in India in value and popularity as per the latest IDC reports and we continue our leadership streak in this segment with the launch of Nokia 105 and Nokia 105 Plus. Our success in feature phone category can largely be attribute to our global bestseller Nokia 105 which now gets a new avatar with a new ergonomic design and wireless FM feature.  The new Nokia 105 Plus has exciting additions including the auto-call recording and long battery life. At HMD Global, we are democratising experiences for our customers with accessibility across all price segments. We also started exporting the Nokia 105 to other countries and even the upgraded Nokia 105 and the new Nokia 105 plus phones would be Made in India. We are now launching a robust and exciting line up across the feature phone, smartphone, tablets and accessories segment which offer accessible connectivity to all. We will continue to offer unmatched value to our users across segments keeping intact the Nokia trust.”

Nokia 105 Plus comes with pre-loaded games, including the universally popular game Snake, which keeps one entertained for long hours. Another key feature of this device is the battery life which has a standby time of up to 18 days. There's also enough storage for 2,000 contacts and up to 500 SMS to keep the important and special messages at your fingertips.

Product Key Features

Nokia 105 features a solid, modern design that fits perfectly in your hand, while the inherent colour minimizes the visibility of scratches. Listen to news, sports and entertainment on the go with the wireless FM radio – without a headset. It also comes with pre-loaded games, including Snake, to keep you entertained, and the long-lasting battery life means that you can talk for hours.

Nokia 105 Plus is refreshed to bring more value, connectivity, and quality to all, with Wireless FM radio so you can listen to your favourite sports, news, and entertainment on the go without a headset. The phone packs in a larger 1000 mAH battery, a dedicated SD card slot, an MP3 music player and auto call recording. Nokia 105 Plus’ new ergonomic, modern avatar and compact shape is specially moulded to feel great in the hand and easily slip into your pocket. To take on everyday life, the scratch and bump resistant exterior is built to last even longer – thanks to its robust high-quality design.

Pricing and availability

The Nokia 105 is available in India starting today in Charcoal & Blue colour variants at a recommended best buy price of INR 1299 onwards .

The Nokia 105 Plus is available in India starting today in Charcoal & Red colour variants at a recommended best buy price of INR 1399 onwards.

Both the phones are available across leading offline retail stores, e-commerce platforms, and Nokia.com.

Wipro GE Healthcare Launches ‘Made In India’ CT System To Strengthen Access To Quality Healthcare Across India

* Revolution Aspire CT System is manufactured at the company’s new plant launched under the government’s Production Linked Incentives (PLI) Scheme and is aligned to government’s vision of ‘Atmanirbhar Bharat’

* Aims at enabling access to quality diagnosis across India, including tier 2 & tier 3 cities

* Greater clinical efficiency with enhanced image quality and operational efficiency with upto 50% higher patient throughput*[1]

Wipro GE Healthcare, a leading global medical technology and digital solutions innovator, today, announced the launch of its next-generation Revolution Aspire CT (Computed Tomography) scanner. Revolution Aspire is an advanced imaging solution designed and manufactured end-to-end in India, at the newly launched Wipro GE Medical Devices Manufacturing plant, in line with ‘Atmanirbhar Bharat’ initiative.  The CT system is equipped with higher imaging intelligence to improve clinical confidence when diagnosing diseases and anomalies.

India faces a dual challenge of urban-rural divide and disease burden. Even though a major proportion of the population lives in rural areas, the majority of health facilities are concentrated in select large cities. India also depends on imports for higher-end medical products such as cancer diagnostics, medical imaging tools, amongst others. With the Government emphasizing early diagnosis of Non-Communicable Diseases (NCDs) and self-reliance, through Ayushman Bharat, there is an increased demand for advanced medical devices. The Revolution Aspire CT aims to address this need and enable access to quality medical equipment across India, including tier 2 and tier 3 cities.

The Revolution Aspire CT scanner empowers clinicians with increased operational efficiency with upto 50% higher throughput*. The rotation time in Revolution Aspire CT scanner has been increased by 20%, enabling clinicians to provide faster diagnosis*. That along with a significantly improved cooling rate, the scanner allows a higher rate of continuous scanning and can handle higher patient volumes per day. The CT scanner also comes with a new detector design and algorithm, along with smart features such as Smart MAR, that enables up to 30% improved image quality*. As one of the most powerful systems in its segment, the system is redesigned to deliver higher performance through tube capacity, tube current, and X-ray generator power while maintaining the same footprint. Additionally, it provides intelligent IQ to provide exceptional clinical outcomes, besides reduced radiation dosage for patients and clinicians’ safety.

Commenting on the launch, Dr. Devi Shetty, Chairman and Senior Consultant Cardiac Surgeon said, “Access to healthcare has been deeply asymmetric in India and innovative medical technology products will help bridge this gap. We are witnessing this change with cutting-edge, locally manufactured, and affordable products such as the Revolution Aspire CT scanner helping democratize the market, taking quality healthcare to tier 2 cities and beyond. It is critical for all health centres, big and small, to have access to quality diagnosis. I applaud Wipro GE Healthcare’s endeavour to empower India’s healthcare infrastructure with this revolutionary product for improved patient care delivery.”

Dr. Shravan Subramanyam, Managing Director, Wipro GE Healthcare said, “We at Wipro GE Healthcare are committed to India’s vision of self-reliance. With Revolution Aspire CT system we aim to cater to the underserved markets and bridge the access gap to quality healthcare. We look forward to aligning closely with the government and will continue to invest medical devices ‘made in India, for India and for the world’; and advance our mission of enabling ‘healthcare for all.”

Srikanth Suryanarayanan, Head – Imaging, GE Healthcare, said, “We are very proud to launch the Revolution Aspire CT scanner – our ‘made in India’ product. It is one of our most efficient CT scanners and has been designed with accessibility in mind. With an increasing burden on the healthcare sector following the impact of COVID-19, healthcare institutions need advanced medical devices - more than ever before, for faster and more accurate diagnosis. Our new CT, is a powerful system that empowers the clinicians as well as the patients with greater efficiency, better results and higher comfort.”

The Revolution Aspire CT scanner is developed to ensure that the patient experience is seamless and stress-free. The scanner is equipped with a 70cm gantry bore aperture that can accommodate a diverse set of patients and an enhanced user interface which reduces preparation time and improves comfort. It is also incorporated with GE Healthcare’s ASiR technology which supports a lower radiation dose by 40%*, keeping patient safety in mind. Created as a future-ready product, the Revolution Aspire CT is built to be scalable with evolving needs of healthcare institutions.

The Revolution Aspire CT scanner has been manufactured at the recently launched Wipro GE Medical Device Manufacturing factory (MDM). The factory is one of 15 medical device manufacturers approved under the government’s PLI Scheme. Aligned to the National Agenda of ‘Atmanirbhar Bharat’, Wipro GE healthcare has invested a little over INR100 crore in this facility and aims to further boost local manufacturing of medical devices in India. The plant is a 100% subsidiary of Wipro GE Healthcare and has been setup as a green field legal entity.

[1] *Compared to previous generation CT scanner

DBS Bank Partners With Headstart And Anthill To Support Promising Startups

* Launches DBS BusinessClass foundED, a forum that celebrates modern-day founders and innovators and encourages entrepreneurship.

In line with its vision to support entrepreneurs and innovators, DBS Bank India has partnered with startup venture capital fund Anthill Ventures and evangelist network Headstart Network Foundation to launch DBS Business Class foundED. This forum will be held across cities in India and will celebrate modern-day founders, innovators, and game-changers to foster co-innovation and collaboration in the startup ecosystem.

The first event of DBS BusinessClass foundED was recently hosted in Hyderabad with actor, entrepreneur and investor Rana Daggubati as the keynote speaker. It was attended by a curated set of top-notch founders, investors and tech ecosystem partners and provided a platform for them to collaborate on new business models that addressed the pain points in the ecosystem.

Speaking at the event, Rana Daggubati said, "To change the ecosystem, we need founders who can drive their teams and instil the message that we are here to build products or services for the world. The initiative has to come from fearless investors who are ready to invest in diverse opportunities."

He further emphasised the importance of networking through initiatives like foundED. "This is the first step towards educating young startups about who's around and what's possible. We need more forums like foundED where government or business units like DBS can come forward to educate young entrepreneurs and help them network."

The Indian metaverse firm Ikonz, backed by Daggubati and Anthill Ventures, has recently secured funding from Village Global, which has investors like Mark Zuckerburg, Bill Gates and Jeff Bezos.

DBS BusinessClass is a DBS Bank initiative that helps SMEs grow their business and network with key business influencers, receive the latest market trends and gain exclusive access to a knowledgeable community of Asia's business masterminds. foundED takes DBS’ vision further by bridging the gaps in the technology and capital spectrum of the startup ecosystem by bringing the right stakeholders across the table to co-invent and innovate. Subsequent editions of foundED are planned to be held in Bangalore, Chennai and Mumbai.

Speaking on this partnership, Divyesh Dalal, Managing Director & Head-Transaction Banking, DBS Bank India, said, "At DBS, we strongly believe that technological solutions and innovation will play a key role in empowering the growth of startups and SMEs.  It is imperative for banking partners to offer embedded solutions across ecosystems to these entities. Our partnership with Headstart and Anthill is an effort in this direction, as we want to better integrate our banking solutions in the existing startup ecosystem and provide enabling solutions to startups."

Sudarshan Chari, Executive Director & Head - Business Banking, DBS Bank India, said, "DBS SME Banking is committed to providing a host of value-added services apart from tailored banking solutions. We're excited to initiate our partnership with Anthill and Headstart with foundED, where startups would benefit from insights and connections to build their business and sharpen their competitive edge. The forum will also allow us to partner in their growth journey and reach out to the startup community across key business hubs.”

DBS supports like-minded ecosystem partners who are driven to create a positive impact in the community. The bank has recently partnered with leading dairy-tech startup Stellapps as its banking partner to promote digitisation amongst small dairies across India. The partnership is expected to benefit almost 100,000+ dairy farmers in the near future. DBS had also collaborated with ODeX, an online document exchange and payments facilitation platform for the ocean shipping industry, to provide hassle-free credit solutions to freight forwarders. This partnership is expected to benefit over 8,500 freight forwarders, aligning with DBS' commitment to financing local businesses and supporting livelihoods.

IIM Lucknow Introduces The First-Of-Its-Kind Chief Operations Officer Programme In India

* Taught by leading IIM Lucknow faculty, this programme, in collaboration with Emeritus, aims to upskill professionals towards leading operational excellence and business growth. ?

The Indian Institute of Management Lucknow (IIM Lucknow), ranked as the #4 best B-School in India (Business Today, 2021) and #7 as per NIRF, 2021, has announced the launch of the first-of-its-kind Chief Operations Officer Programme with Emeritus, the global leader in making high-quality education accessible and affordable to individuals, companies, and governments worldwide. This high-impact 11-month programme will enable business leaders, aspiring and new COOs to improve their organisation’s operational efficiency, resilience to disruption, and business growth.

Transforming operations into an engine of growth and innovation requires strategic and creative thinking from being purely operational, as was the case in the past. In this context, the role of the Chief Operating Officer (COO) has thus evolved into being a major strategic partner accountable for leading the operational transformation initiatives to achieve greater customer-centricity amidst accelerated changes in demand, technology, and data. To position a business for greater profitability, a trailblazing COO must recalibrate strategic priorities, embrace new ways, and focus on cost control and efficiency. According to IBM Insight (2021), 81% of COOs rely heavily on data to improve their organization’s operational efficiency.

The Chief Operations Officer Programme allows professionals to enhance their practical, industry-aligned skills to improve operational innovation and efficiency to boost business growth. Delivered through a blend of engaging live online sessions and a five-day in-campus immersion at the IIM Lucknow campus, this programme, taught by distinguished IIM Lucknow faculty, is ideal for senior professionals and business leaders with over ten years of work experience. The programme curriculum includes ten contemporary modules, a capstone project, and real-world case studies, which will equip participants to drive greater business efficiency and impact with a best-in-class experiential understanding of digital and engineering operations. On successful completion of the programme, participants will receive a certificate of completion from IIM Lucknow and eligibility for the prestigious IIM Lucknow Executive Alumni Status.

Commenting on the launch of the programme, Programme Directors, Dr Suresh K. Jakhar, Associate Professor, Operations Management & Dr Himanshu Rathore, Assistant Professor, Operations Management, IIM Lucknow, said, “To gain a competitive advantage in today's business environment, operational leaders need to develop and drive operational capabilities from a strategic perspective. The operational capabilities of a company allow it to steer its way through a volatile, uncertain, and competitive market. This programme is designed for COOs/ business leaders to develop the necessary operational skillsets that are required to think strategically, act decisively, and drive value chain innovation”.

Mr. Mohan Kannegal, CEO, India and APAC, Emeritus added, “With businesses taking a digitalised approach in recent times, the role of the COO has seen a 360 degrees shift. Multiple industry reports suggest that close to 54% of COOs plan to make changes in technology transformation for business efficiency in 2022. In this emerging context, the ability to navigate complex organisational challenges, drive innovation, optimise resource utilisation and costs, and foster seamless collaboration across teams is imperative for business growth. We are pleased to collaborate with IIM Lucknow in offering this executive certificate programme, designed to be the first step for successful COOs in the making”.

This path-breaking programme begins on June 30, 2022, and has a programme fee of INR 4,00,000 + GST, with an early bird discount of INR 28,000 + GST for participants who apply by May 5, 2022. The programme is offered through Emeritus, a global leader in making high-quality education accessible and affordable, offering a digital-first, seamless learning and high engagement experience. Visit the programme page for more details and apply soon to reserve your seat.

About IIM Lucknow:

The Indian Institute of Management (IIM) Lucknow, is one of the premier national level institutes of management in India, involved in generating and imparting knowledge in the field of management. IIM Lucknow stands tall on the foundation of an excellent, committed and profoundly knowledgeable faculty, innovative and unique pedagogical tools and an eclectic and diverse student community that has a burning desire to make new paths of its own. The Association of MBAs (AMBA) has accorded accreditation to the Institute's PGPM, IPMX, and PGPWE programmes. IIM Lucknow is amongst the five B-Schools in India to achieve the coveted dual accreditations by the Association to Advance Collegiate School of Business (AACSB) as well as the Association of MBAs (AMBA). World over, only about 5% of the institutes have acquired AACSB’s accreditation. IIM Lucknow is now ranked 79th globally in its maiden entry into the prestigious Financial Times (FT) 100 List of Global Business Schools for its flagship PGP (MBA) Programme. The Institute scored high on student employability, career progression and research. Learn more at iiml.ac.in.

About Emeritus:

Emeritus Executive Education offers customised and open programmes in India, Singapore, Dubai and other global locations in collaboration with MIT Sloan, Columbia Business School, IIM Lucknow Executive Education, IIM Calcutta Executive Education, ISB Executive Education, Harvard Business School (HBS), Kellogg Executive Education, Berkeley Executive Education, and Wharton Executive Education, amongst other leading Institutes. Our world-class executive education programmes, supported by eminent programme experts, provide an immersive learning experience integrated with actionable insights and practical business applications. The meticulously curated programmes are delivered in a different range of formats; in-class, online, as well as blended programmes. Our extensive portfolio also includes short 2-4 day in-class workshops, online courses of 2-3 months duration as well as comprehensive learning journeys that run over 6-9 months, customised to an organisation’s requirement. The Emeritus Group has more than 1,400 employees globally and offices in Mumbai, New Delhi, Shanghai, Singapore, Palo Alto, Mexico City, New York, Boston, London, and Dubai. Following its $650 million Series E funding round in August 2021, the company is valued at $3.2 billion, and is backed by the Chan Zuckerberg Initiative, Leeds Illuminate, Prosus Ventures, Sequoia Capital India, Bertelsmann, Accel and SoftBank Vision Fund 2. Learn more at Emeritus.org/in.

Toyota Kirloskar Motor Clocks Two Million Cumulative Wholesales Across Indian Market

* Expresses gratitude to 2 million happy customers in India

Toyota Kirloskar Motor (TKM) today announced that the company has achieved a significant milestone of two million cumulative wholesale units, ever since its inception in India. The company registered this feat in April 2022, while handing over the Cool New Glanza as the 2 millionth vehicle from its dealership, Nippon Toyota at Trichur, Kerala.

Over the years TKM has continued to expand its world-class lineup to provide a wide range of options, tailored to meet the evolving needs of Indian customers. While cult offerings like the Innova Crysta and the Fortuner have fortified the brand’s dominance in the MPV & SUV segments, new launches like the Urban Cruiser and the Glanza have further reinforced Toyota’s commitment to India. The recently launched Legender has also carved a special place for itself and has become a flagship model in the SUV segment.

The Glanza and the Urban Cruiser have been a runaway success for TKM, witnessing sustained sales as they generate tremendous interest in their respective segments & contributing to a newer set of younger customers. Both the products have helped TKM garner young-millennial customers who are not only seeking exceptional automobile ownership experience, but also the best balance of economically viable options.

Toyota’s self-charging vehicles, Camry hybrid and the uber luxurious Vellfire, have won hearts across customers by setting new standards of luxury and green mobility. Furthermore, the Camry Hybrid has created a niche for itself ever since its launch in India in 2013, being the first locally manufactured strong self-charging hybrid electric vehicle in India.

The continued product refreshments across models have undoubtedly helped Toyota retain customers and orders. Furthermore, TKM customers have also availed comprehensive “Best in Class” ownership experience, through the specially designed value-added service programs such as Express Maintenance 60 (EM60), Q Service, Extended Warranty & Service Packages (SMILES).

Expressing his gratitude, Mr. Atul Sood, Associate Vice President, Sales, and Strategic Marketing, TKM said, “We are thrilled that 2 million customers trust Toyota for their mobility needs. In this journey towards 2 million happy customers, we have come a long way. Over the last two decades, Toyota has developed a solid foundation of renowned Quality, Durability, and Reliability (QDR) and we hope we will be able to cater to more segments as well as newer markets in 2022 and beyond, helping us achieve our ultimate goal of delivering ‘Mass Happiness to All’.

With changing times, we have innovated to make Toyota products and services more accessible than ever before. The virtual showrooms and increased footprints have taken us closer to our customers across regions, thanks to the unrelenting support and commitment of our supplier & dealer partners and most importantly all our employees. We thank our customers for their patronage, and we will continue to strive towards our commitment to providing an awesome experience.” he concluded.

Over the last two decades, Toyota has strengthened its capability with dealer partners to enable them to cater effectively to the increasing demand for personal mobility. Currently, the company is accessible through the 419-dealer network/ touchpoints in the country spanning traditional and newer emerging markets.

TKM remains committed to effectively contribute towards ‘Make in India’ initiative and is passionate and committed to build a self-reliant and globally competitive value chain through tremendous efforts and investment on human development and processes.  The company is also water self-reliant and is aspiring to move towards creating a cleaner and greener future.

As pioneers of electrified technologies, TKM continues to focus on mass electrification by encouraging localization of electrified vehicle parts.

Similarly, TKM has also successfully applied its strong points and learnings to build a stable, sustainable and competitive local supply chain. The company has consistently worked towards increasing the supplier base through localization, thereby empowering the local suppliers to transform into world-class manufacturers promising quality and cost at par with global standards.

Furthermore, all initiatives at the plant are designed to bring down the environmental impacts and achieve water sustainability goal, the company has adopted various novel processes to reduce freshwater consumption and enhance water efficiency. Recently, TKM has set new benchmark by reaching 100% Renewable Energy sources in its plant at Bidadi.

Moving forward, TKM’s aim is to expand footprints with special focus on Tier II & III markets. Following the philosophy of ‘Mass Happiness to All’, Toyota aims to cater to their customers with an enhanced product portfolio, legendary sales & service experience and yield the benefits of value-added services.

ManipalCigna Health Insurance Launches ‘Prime’ A Complete Healthcare iPlan That Gives Better Coverage, Control, Care

 

-      It pays cashless OPD expenses such as doctor’s consultation fees, prescribed diagnostic tests, pharmacy

-      It pays for non-medical expenses

-      It switches off the cover when you travel abroad, for up to 30 days in a policy year

-      It allows you to choose “Any room” category whether suite or above during hospitalization

-      It will restore itself unlimited times, in case you are short of sum insured even for the related/same illness

-      It goes beyond standard Maternity cover and extends the cover to include IVF/IUI treatments

-      It waives off your next one year renewal premium in case of Accidental Death or diagnosis of any of the listed Critical Illnesses

-      It provides air ambulance cover, over and above base Sum Insured; max up to Rs. 10 lacs

ManipalCigna Health Insurance Company Limited, today announced the launch of ‘ManipalCigna ProHealth Prime’ plan. This new plan is not just a health insurance plan but a Complete Healthcare Insurance plan as it not only covers all types of hospitalization expenses but also comes with revolutionary features such “Cashless OPD” coverage for doctor consultation, prescribed diagnostic tests and pharmacy expenses, It covers “Non-medical Expenses” to ensure there are zero deductions towards non-medical items during hospitalization and many more such enticing benefits.

Speaking about the product launch, Mr. Prasun Sikdar, Managing Director and CEO, ManipalCigna Health Insurance Company Limited said, At ManipalCigna, we have always been at the forefront in meeting the consumer’s needs and whenever we have come up with any new product, we have ensured that our product addresses the core issues which our customers are facing. This time too we conducted a thorough research and identified some of the major issues which the customers are facing and expect solutions from health experts like us. For example, in India, out-patient department expenses which includes doctor consultations, lab tests and pharmacy expenses accounts for nearly 62% of healthcare costs, not only that, non-medical expenses amount to around 10% to 12% of the overall hospitalization bills that are paid as out of pocket. Our new ManipalCigna ProHealth Prime takes a step further in our commitment and offers cashless services even for OPD expenses to provide total healthcare protection, it comes with industry first feature Switch Off that allows customers to switch off the cover while travelling abroad from 2nd year onwards, for a maximum period of 30 days in a policy year and most importantly the plan covers all hospitalization expenses whether medical or non-medical to take care of customer’s everyday healthcare needs.”

Sikdar further added, “The Product also has a specific plan, for lives suffering from the medical conditions such as Diabetes, Obesity, Asthma, high Blood Pressure and high Cholesterol. These customers need not wait for long, as the pre-existing disease waiting period for these listed conditions is only 90 days. ManipalCigna ProHealth Prime is a truly comprehensive plan offering customized healthcare solutions to safeguard the customers from all types of healthcare expenses even beyond hospitalization and offers sum insured of up to 1 crore with lifetime renewability, so that customers get Better Coverage, Better Control and Better Care in true sense without any financial worries.”

ManipalCigna ProHealth Prime’ plan comes in three different variants – ‘ManipalCigna ProHealth Prime Protect’ for overall hospitalization expenses; ‘ManipalCigna ProHealth Prime Advantage’ provides cashless OPD coverage in addition to the hospitalization expenses ; and  ‘ManipalCigna ProHealth Prime Active’ for lives suffering from the medical conditions such as Diabetes, Obesity, Asthma, high Blood Pressure and high Cholesterol.

The new ManipalCigna ProHealth Prime plan offers some PRIME features, including:

BETTER COVERAGE

>     Zero Deductions towards Non-Medical expenses, to cover all your hospitalization expenses whether medical or non-medical because why should you pay if you are truly covered.

>     An OPD that’s PAID for, yes, that too, because health issues don’t have to escalate to hospitalization every time.

BETTER CONTROL

>     Unlimited restoration up to 100% of sum insured, your coverage restores to 100% of Sum Insured, every time you use it, any number of times whether for related or unrelated illnesses, because a coverage should mean full coverage always. Applicable from 2nd claim onwards

>     The power to Switch Off, your health insurance from 2nd year onwards, for up to 30 days while travelling abroad and get discount on your renewal premium.

>     1 year Premium Waiver, on renewal policy premium due to Accidental Death or if diagnosed with any of the listed Critical Illnesses.

>     Freedom to choose Any room category, suite or above, as you deem fit

BETTER CARE

>     Annual health check-up, from 1st year onwards for all the adults insured to take the utmost care of your health, not just in illness but in wellness too

>     Wellness program, earn attractive rewards of up to 20% of your base premium for completing the number of predefined steps towards wellness in a day. Use these reward points towards a discount on your renewal premium.