MediSim VR Unveils India’s First VR Skill Training Lab For Nursing At KD Hospital, Inaugurated By Minister Rushikesh Patel In Ahmedabad

MediSim VR, a leader in healthcare simulation training technology, is delighted to announce the establishment of Gujarat's first VR Skill Training Lab at KD Hospital, inaugurated by the Hon'ble Minister, Rushikesh Patel, Health & Family Welfare, Gujarat.

This state-of-the-art VR skill training lab at KD Hospital is designed to provide immersive and highly realistic medical scenario simulations, enabling nursing students and healthcare professionals to practice essential medical procedures and develop critical clinical skills in a safe, controlled environment. Additionally, the lab is equipped with MediSim VR’s ergonomically designed and patented automated VR stations. This innovative technology ensures a high standard of training and helps bridge the gap between theoretical knowledge and practical application.

As a Center of Excellence (CoE), the lab will not only benefit students and healthcare professionals from KD Hospital, but will also extend its advanced training facilities to other nursing colleges across Gujarat, fostering a comprehensive improvement in healthcare education throughout the state.

Dr. Adith Chinnaswami, Co-Founder of MediSim VR, expressed his confidence and stated, "Working together with KD Hospital to set up Gujarat's first VR skill training lab is a milestone for MediSim VR. The new lab is set to benefit students' and healthcare professionals skill development, as it equips them with hands-on experience, boosting their confidence and expertise in medical procedures."

Dr. Anuja Desai, Executive Director, KD Hospital commented, "By integrating this state-of-the-art simulation training technology into our curriculum, we not only enhance our students' learning experience but also serve as a training hub for healthcare professionals across Gujarat. As a Center of Excellence, the MediSim VR Lab will play a significant role in upskilling nursing students. We are proud to lead this educational change and prepare our students as healthcare leaders of the future."

About Medisim VR: MediSim VR is a leading healthcare simulation company that offers patented technology designed to meet the unique needs of healthcare training worldwide. MediSim VR's AI-powered competency assessment tools and immersive virtual training environments improve the performance of nursing students, doctors, and healthcare professionals by offering unparalleled immersive experiences that redefine medical education.

About KD Hospital : KD Hospital (Kusum Dhirajlal Hospital) is a multi/super specialty hospital, with state-of-the-art facilities and treatments at an affordable cost, encompassing a wide spectrum of accurate diagnostics and elegant therapeutics created on the philosophical edifice of patient and ethical centricity, ensuring humanistic dispensation.

About KDIAHS: Established in 2018, KD Institutes Of Allied Health Sciences (KDIAHS) provides top programs in nursing, physiotherapy, and optometry. With the KD Simulation Academy for Immersive Learning (KDSAIL), KDIAHS remains a leader in innovative healthcare education.

Photo Caption: The CEO and Cofounder of MediSim VR, Mr.Sabarish Chandrasekaran and Team with Dr. Anuja Desai, Executive Director of KD Hospital.

Transforming Pediatric Stroke Outcomes: 2nd National Pediatric Stroke Conclave 2024 Kicks Off In Bengaluru

The highly anticipated, two day, 2nd National Pediatric Stroke Conclave 2024, was inaugurated by Dr Nirmal Surya- President, Indian Stroke Association( ISA). The event promises to be a unique academic feast that brings together esteemed national and international experts in the field of pediatric stroke prevention, care and treatment, under one roof. The garden city of Bengaluru, in keeping with its reputation of being an innovation hub in the field of healthcare, adds one more feather to its cap, with this mega conclave.

Globally, pediatric stroke is the sixth leading cause of death in children. Nearly fifty to sixty percent of pediatric strokes are treatable, and also preventable. With an estimated fifty-two babies being born every minute in India, the socio-economic repercussions of pediatric stroke are substantial indeed. In the handful of single centre studies published from India, it was found that pediatric strokes constitute less than one percent of pediatric hospital admission and constitute five to ten percent of all young stroke (defined as stroke in case of individuals below forty years). These numbers are only conservative estimates and the actual numbers are likely to be much higher, as many cases remain unreported and undetected. Unlike adults, where the risk factors for stroke include high blood pressure, coronary artery disease, smoking, obesity, high cholesterol and poor lifestyle, etc; identifying causes for pediatric stroke remains complex and multifactorial.

The list of eminent speakers includes Dr Nirmal Surya (President -ISA), Dr Vikram Huded (Organising Chairman), Dr Arvind Sharma (Secretary- ISA), Dr Minal Kekatpure (Organising Secretary), Dr Vinayan K P, Dr Sheffali Gulati, and Dr Pratibha Singhi (President-International Child Neurology Association). Dr Healther Fullerton (President- International Peditaric Stroke Organisation) and Dr Maja Steinlin (Vice President- International Pediatric Stroke Organisation) are among the highly impressive list of international speakers.

The 2nd National Pediatric Conclave serves as a platform for healthcare professionals to share their knowledge, engage in meaningful discussions, and stay updated on the latest research and advancements in pediatric stroke prevention, care and treatment. The conclave aims to improve the quality of pediatric care provided across the country and address pressing issues in the field. The key highlights of the two-day conclave include Neuroimaging of Pediatric Stroke, Pediatric Vasculitis and Vasculopathies, Cardioembolic Stroke, Hyperacute Management of Pediatric Stroke, Neurointerventions in Pediatric Stroke, and a lot more.

The Indian Stroke Association (ISA) has regularly taken up initiatives to promote pediatric stroke awareness, measures to improve diagnosis, educating medical personnel who manage pediatric stroke, creating awareness for timely treatment within the golden hour, and planning strategies for disability limitation in affected children, by organising the first-of-its- kind national conclave on pediatric stroke.

Come, lets us all unite for the sake of young lives. Let us all unite for pediatric stroke prevention, awareness, care and treatment.

TKM Celebrates Winning Of CII GreenCo Gold Rating Award By Its Dealership, Rajesh Toyota, For Best Sustainable Eco Practices

* (Rajesh Toyota is the first automotive dealership in India to receive the CII GreenCo Gold Rating Award)

Toyota Kirloskar Motor (TKM) is proud to share the achievement of its dealership, Rajesh Toyota (located in Jaipur, Rajasthan), who won the prestigious GreenCo Gold Rated Company Award conferred by the Confederation of Indian Industry (CII) Green Business Centre (GBC) at an awarding ceremony held recently in Chennai. Following a comprehensive assessment of the dealership’s environmental initiatives, CII recognized Rajesh Toyota with a gold rating. This significant accomplishment underscores Rajesh Toyota's unwavering commitment to environmental sustainability, aligning with the broader vision as outlined in Toyota Environmental Challenge 2050 (TEC 2050).

The CII GreenCo Rating is a globally recognized framework that evaluates companies on their environmental performance through a comprehensive life cycle approach. Rajesh Toyota, the first automotive dealership in India to receive this CII accolade, has demonstrated exceptional leadership in implementing sustainable practices under various parameters, energy efficiency, waste management, and water conservation. Further this milestone achievement marks the ongoing celebration of TKM’s Environment Month (June 2024), themed "Unite for Responsible Resource Consumption towards becoming Global No.1", wherein the company aims to ignite awareness and action towards environmental stewardship with a key focus on water management and natural ecosystem revival with afforestation.

Towards sustainability, amongst various environmental driven initiatives, TKM has also devised Environmental Assessment System (EAS) to provide explicit guidance, fortifying its Environment Management System (EMS) across its entire value chain including dealers, suppliers, and logistic partners, which serves as a guiding framework in implementing best eco practices. Driven by TKM’s EMS, Rajesh Toyota has exemplified environmental excellence through a structured approach that began with establishing a robust environmental management organization at the dealership. By standardizing the environmental KPIs monitoring systems and setting challenging targets, Rajesh Toyota has achieved significant milestones. These include training dealer staffs on EMS, implementing various CO2 reduction measures such as AC temperature and lighting standardization, equipment energy reduction, compressed air reduction, lowering water usage through daily monitoring and enhancing value through waste segregation & proper disposal. Their commitment to environmental sustainability extends beyond their service centres, actively engaging with the community through sapling distributions, conducting eco driven roadshows and educational events at local schools. This a testament of Toyota driving its values across its entire value chain and all stakeholders towards creating a society in ‘Harmony with Nature”.

Rajesh Toyota has reduced scope 1 & 2* specific emission by 31.27% from 2019 base. The dealership’s renewable energy usage stands at 90.5% as of FY23-24. Furthermore, through various lean management, inventory optimisation and digital promotions, the dealership has reduced their waste generation per vehicle by 20.3% from 2019 base. The installation of an ETP (Effluent Treatment Plant) with a capacity of 10 KLD (Kilo Liters Per Day) and a filtration speed ranging between 800-1000 Liters per hour has resulted in zero liquid discharge due to efficient filtration and treatment processes undertaken at the Rajesh Dealership. They have developed a green cover of 34.21 % within their premises. In addition, various eco-initiatives are being promoted beyond the fence like creating awareness among the students in nearby schools & villages (community outreach) and contributing to water conservation projects.

* Scope 1 emissions are direct greenhouse (GHG) emissions that occur from sources that are controlled or owned by an organization (e.g., emissions associated with fuel combustion in boilers, furnaces, mobile combustion, etc.). Scope 2 emissions are indirect GHG emissions associated with the purchase of electricity, steam, heat, or cooling.

Expressing his thoughts, Mr. B. Padmanabha, Executive Vice President and Director of Manufacturing, Toyota Kirloskar Motor, said “At TKM, we embrace our corporate responsibility to drive positive change and set new benchmarks in environmental sustainability. We are committed to bringing all our stakeholders across value chain on this journey. We focus on building the organisation fundamentals at our business partners through hand holding them and sharing best practices from our manufacturing unit.  We drive various internal assessments and rating system of our business partners - both at suppliers and dealers. This always encourage them to continuously improve and take up new challenges.

It is a proud moment, that our dealer partner Rajesh Toyota is the first automotive dealership in India to receive the CII ‘GreenCo Gold Rating’ award. It is a testament of Rajesh Toyota’s resolute dedication to environment conservation and the tangible impact of structured environmental management in achieving our vision 2050 Toyota Environmental Challenges. Toyota’s Environment Management System fundamentals are well established across all our dealerships covering green compliance, waste management, water conservation & energy efficiency. As we move forward, we will continue to support and encourage every stakeholder to adopt and implement sustainable business practices, driving collective progress toward a greener future."

Mr. Sharvik Shah, Dealer Principal - Rajesh Toyota (Jaipur, Rajasthan), said “It is indeed a significant milestone for us at Rajesh Toyota to be the first automotive dealership in India to receive the CII GreenCo Gold Rating award that demonstrates our strong commitment to driving positive change towards environment protection and restoration. This prestigious award represents our team’s dedicated efforts to integrate eco-friendly practices into every aspect of our operations. From reducing CO2 emissions and optimizing water usage to engaging with our community through sapling distributions and educational events, we have strived to lead by example. This achievement motivates us to continue this eco path, pushing the envelope in environmental stewardship and inspiring our other associates and stakeholders to embrace sustainable practices. We are deeply grateful to Toyota Kirloskar Motor for their support and guidance, and we look forward to continuing our journey towards greater environmental responsibility, creating a desirable impact on our community and the planet."

Furthermore, announced at the Toyota Environmental Forum on October 14, 2015, Toyota’s Vision 2050 aims to tackle pressing environmental challenges through six key goals:

New Vehicle Zero CO2 Emissions

Life Cycle Zero CO2 Emissions

Plant Zero CO2 Emissions

Minimizing and Optimizing Water Usage

Establishing a Recycling-Based Society and System

Establishing a Future Society in Harmony with Nature

Aligning with these ambitious targets, TKM has developed a 2050 Roadmap for achieving Carbon Neutrality which also includes Toyota dealer focused initiatives namely energy-efficient guidelines, ECO kaizen training to dealers, expansion of ‘ECO Model Dealer’, promotion of solarization at dealerships and more.

TKM is committed to sustainability, environmental responsibility, and innovation, striving for Carbon Neutrality by enhancing clean mobility with the adoption of multiple vehicle technology pathways, including alternate fuels. Stakeholder engagement is central to TKM’s environmental advocacy, integrating ecologically sound practices across its business ecosystem, involving all its stakeholders, encompassing initiatives such as eco-consciousness campaigns, plantation, and clean-up drives, the ‘No Plastic’ campaign, water usage reduction, and lowering carbon footprints.

Veedol Sign Cricket Legend Sourav Ganguly As Its Brand Ambassador

Veedol, one of India’s leading lubricant brands from Tide Water Oil Co. (India) Ltd., has signed up cricket legend Sourav Ganguly as its brand ambassador. This partnership signifies a pivotal move for Veedol as it seeks to enhance its brand presence and solidify its market position across India.

Brand Veedol has a rich, near-century old legacy with markets in over 70 countries. Positioned internationally as the ‘Professional’s choice’, Veedol enjoys considerable saliency amongst the workshop fraternity worldwide. Respected and trusted in the industry, Veedol provides a comprehensive range of lubricants for both the Automotive Aftermarket (Retail) and Institutional (B2B) segments. With a pan India footprint, Veedol is one of India’s most prominent lubricant brands, with a consolidated revenue from operations of Rs 1931 crore as of 31st March 2024.

Veedol is a trusted brand encompassing a repertoire of excellent quality products delivered far and wide through its network of channel partners, many of whom have been engaged with the company for two generations. Honesty, transparency and enduring relationships are defining features of the Veedol way, as encapsulated in its advertising tagline ‘Rakhe Saaf, Dil Se.’

Expressing enthusiasm, Mr Arijit Basu, Managing Director, Tide Water Oil Co (India) Ltd said, "We are delighted to have a cricketing great like Sourav Ganguly join us as our brand ambassador. His leadership, grit and determination are the stuff of legend, shaping the winning attitude of Team India as we know it today. Founded on honesty and self-belief, brand Sourav continues to inspire all to raise the bar of performance and achievement, values that resonate strongly with Veedol. We are confident that this association will give us a strong impetus as we drive forward into the future."

Commenting on the association, Mr Sourav Ganguly said, "My association with Veedol represents a commitment to excellence, innovation and reliability. Just as Veedol stands for high-quality and performance in the automotive industry, I am dedicated to embodying these values in every aspect of my work. Together, we will strive to inspire and connect with our audience, showcasing the best of what we both have to offer."

Comprehensive Product Portfolio and Market Presence

Veedol has a strong presence across all automotive segments, including 2-wheelers, passenger cars, agri and commercial vehicles (both heavy and small). There are products across various performance specifications and price points. Traditionally strong in the 2-wheeler segment with its flagship brand "Take-Off" and in agriculture with "Prima," Veedol is increasingly expanding its presence in the passenger car (PCMO) and commercial vehicle (CV) segments.

The company has been particularly strong in upcountry and rural areas and is now intensifying its focus on urban markets. With significant equity in trade the brand enjoys a robust distribution network with 500 direct distributors and dealers servicing over 50,000 retail outlets and workshops.

Strategic Initiatives and Future Directions

Veedol is currently undergoing a portfolio upgrade and packaging makeover to introduce a new-age look and feel while offering technically superior products. A major revamp of supply chain and digitization processes is also underway to enhance operational efficiencies and meet future customer needs.

Investing significantly in brand building, Veedol is leveraging its association with cricket, including its partnership with Kolkata Knight Riders (KKR) and the appointment of Sourav Ganguly as brand ambassador. These strategic directions underscore Veedol’s commitment to achieving high brand saliency and recall, factors that would help fuel its ambitious growth plans.

About Tide Water Oil Co. (India) Ltd:

Tide Water Oil Co. (India) Ltd., owner of brand Veedol, is a leading manufacturer and marketer of quality lubricants in over 70 countries around the globe. In India, it has been catering to both automotive and industrial segments since 1928.

The Veedol range of products includes high-performance engine oils for passenger cars, two/three-wheelers, heavy commercial vehicles, off-highway vehicles, buses and tractors. It also has gear oils, transmission oils, coolants, brake oil and greases for all automotive applications as well as a wide range of industrial and speciality lubricants catering to diverse industry applications. Additionally, the company is venturing into vehicle care products through a collaboration with a prominent US Company.

The Veedol product range offers appropriate choices for various applications and performance levels keeping pace with the latest technical requirements of OEMs. With its registered office in Kolkata, India and regional offices in New Delhi, Mumbai and Chennai, Tide Water Oil's extensive retail distribution network in India consists of more than 500 direct distributors and dealers servicing over 50,000 retail outlets and workshops. The network is supported by five state of the art ISO accredited manufacturing plants and several depots located strategically across the country. The company has pioneered the introduction of various new performance level products to meet the changing needs of customers. It has two in-house R&D centres in Turbhe, Navi Mumbai and Oragadam, near Chennai.

WEBSITE :  www.veedolindia.com

Coromandel International Unveils Magnesium-Enriched Paramfos Plus To Boost Crop Yield And Quality

Coromandel International Limited, India’s leading agri solutions provider, launched a new magnesium-fortified complex grade fertiliser ‘Paramfos Plus’ in Bengaluru. The product was launched by Mr. Sankarasubramanian S, Executive Director, Nutrient Business, Coromandel International, in the presence of the company’s senior leadership team and key channel partners from across Karnataka and Tamil Nadu.

‘Paramfos Plus’ fertiliser contains 16% Nitrogen, 20% Phosphorus, and 13% Sulphur, along with an additional 0.6% Magnesium. The added Magnesium boosts photosynthesis, chlorophyll production, and promotes the vegetative growth of plants leading to improvement in both quality and yield. It is versatile and can be applied both as a basal and top dressing for a wide variety of crops, including paddy, cotton, maize, sugarcane, pulses, ragi, groundnut, oilseeds, and vegetables. Additionally, it is suitable for use on cereals, legumes, tuber crops, fruit-bearing plants, and various horticultural crops, ensuring comprehensive nutrient support across diverse agricultural practices.

With a legacy of over six decades, ‘Paramfos’ has emerged amongst the most trusted fertiliser brands especially in Karnataka, enabling Coromandel to sustain leadership position in the state. Paramfos granules are free-flowing and suitable for both seed drill application and broadcasting. The new product complements the strengths of Paramfos with the benefits of Magnesium nutrient and aims to deliver balanced fertilization for various crops.

Unveiling Paramfos Plus at the launch event in Bengaluru, Mr. Sankarasubramanian S, Executive Director, Nutrient Business, Coromandel International Limited, said, “Paramfos Plus, an enhanced version of Paramfos, is fortified with 'Magnesium' that improves the vegetative growth of crops and provides early greening leading to increased yield and superior quality. Coromandel’s innovation in fertilisers is a testament to our commitment and dedication to boosting nutrient efficiency, reducing environmental impact, and improving the economic viability of farming in India. This innovation also aligns with the Government’s initiatives to promote use of fortified fertilisers in India.”

About Coromandel

Coromandel International Limited is amongst India's pioneers and leading Agri solutions provider, offering diverse products and services across the farming value chain. It operates in two major segments: Nutrient and other allied businesses and Crop Protection. These include Fertiliser, Crop Protection, Bio Products, Specialty Nutrients and Organic businesses. The Company is 2nd largest manufacturer and marketer of Phosphatic fertiliser in India. The Company's Crop Protection products are marketed in India as well as in international geographies, offering wide range of technical and formulation products. The Specialty Nutrients business of the Company focuses on water soluble fertiliser and secondary & micronutrients segments. The Company is leading marketer of Organic fertiliser in India. The Bio Products business of the company focusses on plant extractions for various applications. It also operates a network of around 750+ rural retail outlets across Andhra Pradesh, Telangana and Karnataka. Through these Retail outlets, the Company offers farming services including crop advisory, soil testing and farm mechanization to around 3 million farmers. The Company has a strong R&D and Regulatory setup, supporting the businesses in process development and new product introduction. The Company has 18 manufacturing facilities, producing wide range of Nutrient and Crop Protection products, which are marketed through an extensive network of dealers and its own retail centers.

The Company clocked a turnover of Rs.22,290 Crores during FY 2023-24. Its efforts towards environment have been well recognised by international organizations like UNDP and has also been voted as one of the ten greenest companies in India by TERI. Coromandel is a part of the INR 742 billion (INR 74,220 Crores) of the Murugappa Group.

For more details, visit www.coromandel.biz

Bank of India Receives Top Honours At PFRDA For FY2023-24

Bank of India (BOI) has been honoured with multiple prestigious awards, recognizing its outstanding performance in various aspects of banking and financial inclusion. BOI has been felicitated with the Atal Pension Yojana Annual Award for FY2023-24 by PFRDA (Pension Fund Regulatory and Development Authority Awards) for the second consecutive year. Additionally, the Bank has been awarded the APY Ultimate Champions Cup while three of its branches have been recognized among the top five branches across India.

In a testament to its leadership role, the State Level Bankers’ Committee (SLBC) Jharkhand, led by Bank of India, received the prestigious ‘Award of Ultimate Leadership’ for exemplary contributions to APY enrolments in the state. The Bank’s commitment to financial inclusion was further highlighted as BOI-sponsored Regional Rural Banks – Aryavrat, MPGB, and VKGB – were also felicitated for their APY enrolment achievements.

The awards were presented by the Secretary of the Department of Financial Services, in the presence of the PFRDA Chairperson and senior executives from public sector banks. Mr M Karthikeyan, Executive Director of Bank of India, accepted the awards on the Bank’s behalf.

Rajneesh Karnatak, Managing Director & CEO – Bank of India, stated: “These awards reaffirm our unwavering commitment to financial inclusion and excellence in banking services. Such recognitions motivate us to continue innovating and expanding our reach to serve every segment of society.”

These accolades underscore Bank of India’s dedication to promoting financial security, retirement planning and overall banking excellence.

The Coca-Cola Company’s Honest Tea Launches #FindYourGood Campaign

* Tea Sourced from the renowned Makaibari Tea Estate, Honest Tea is a refreshing ready to drink green tea.

* It is available in Lemon-Tulsi and Mango flavours.

* Campaign film: https://www.youtube.com/watch?v=6IScKb3ZUg4

Honest Tea, a ready-to-drink beverage with organic green tea announces their newest #FindYourGood campaign in collaboration with celebrated author, columnist, and wellness enthusiast Twinkle Khanna. The newly launched film depicts Twinkle Khanna finding her calm amidst daily chaos, with #HonestTea, made from organic green tea, sourced from the famous Makaibari Tea estate.

In a world filled with societal expectations, Honest Tea’s campaign nudges people to define their own way of relaxation. As a supportive ally in this quest, the brand offers two great tasting flavors, Lemon-Tulsi and Mango.

To kick off the campaign, Honest Tea will roll out a series of social films and digital activations, engaging with consumers across various platforms. Conceptualized by WPP Open X, the campaign film, captures a relatable moment as Twinkle confronts her to-do list. As she sits down to relax, she enjoys a sip of Honest tea, and says "it’s up to you to decide what’s good for you.

Speaking about the collaboration with Honest Tea, Twinkle Khanna said, “I am excited to be part of the #FindYourGood campaign that echoes my mantra of a good, holistic life. Stimulated by the importance of finding joy and balance in the everyday, Honest Tea’s campaign strives to bring about a positive transformation in the well-being of the modern woman."

Commenting on the launch of the new campaign, Ruchira Bhattacharya, Senior Director, Marketing at The Coca-Cola Company, India and South-West Asia Operating Unit said, “Honest Tea is proud to launch the #FindYourGood campaign that celebrates those little moments of peace and calm in your daily rigmarole. The partnership with Twinkle Khanna resonates our purpose to support and encourage one’s personal idea of balance and wellness in this fast-paced world.”

Sharing his views about the latest campaign, Mukund Olety, Executive  Creative Director at WPP Open X, said, “Our latest campaign, #FindYourGood, throws light upon a very important thing that many of us often tend to forget, which is making time for little moments of peace and joy in our daily lives” Speaking about the collaboration with Twinkle Khanna, he said, “Teaming up with Twinkle Khanna for this campaign has been a truly joyful experience. As a proponent for wellbeing of women, she naturally conveys the nuances we wish to communicate through this campaign.

Honest Tea is currently available on e-commerce platforms in select cities- Bangalore, Mumbai, Hyderabad, Chennai, Pune and Gurgaon, at the price point of Rs 60. For more details visit Honest Tea’s Instagram page - @honestteaindia.

About The Coca-Cola Company

Coca-Cola in India is one of the country’s leading beverage companies, offering a range of high-quality and refreshing beverage options to consumers. The company, in line with its vision of ‘Beverages For Life’, offers a wide portfolio of products which includes hydration, sports, sparkling, coffee, tea, nutrition, juice and dairy based products. In India its beverage range includes Coca-Cola, Coca-Cola Zero Sugar, Diet Coke, Thums Up, Charged by Thums Up, Fanta, Limca, Sprite, Maaza, Minute Maid range of juices and juice beverages. The Company also offers hydration beverages including Limca Sportz, Smartwater, Kinley, Dasani and Bonaqua packaged drinking water and Kinley Club Soda. Premium products constitute Schweppes range and Smartwater. In addition, it offers Costa Coffee and organic green tea based beverage- Honest Tea amongst its range of coffee and Tea. The Company is constantly transforming its portfolio, from reducing sugar in its drinks to bringing innovative new products to market.

The Company along with its owned bottling operations and franchise bottling partners has a strong network of close to 4 million retail outlets through which it refreshes millions of consumers across the country. It seeks to positively impact people’s lives, communities and the planet through water replenishment, packaging recycling, sustainable agriculture initiatives and carbon emission reductions across its value chain.

Globally together with its bottling partners, The Coca-Cola Company employs more than 700,000 people, helping to bring economic opportunity to local communities worldwide. Learn more at www.cocacolacompany.com and follow us on Twitter, Instagram, Facebook and LinkedIn.

Axis Bank Felicitates Over 550 MSMEs In Karnataka On International MSME Day

In a significant tribute to the dynamic and resilient Micro, Small, and Medium Enterprises (MSME) sector, Axis Bank, one of the largest private sector banks in India, felicitated over 550 MSME customers across Karnataka on International MSME Day. The celebrations spanned select Axis Bank branches in Bengaluru, Hubli and Mysore.

Senior representatives from Axis Bank - Ms. Baishakhi Banerjee, Regional Branch Banking Head - South 1; Mr. Saurab Vadhera, Head - Business Loans; Mr. Sandeep Kumar, Liabilities Geography Head - Commercial Banking Coverage Group (CBG); Mr. Vinod R, Assets Geography Head - Commercial Banking Coverage Group (CBG); Mr. Rajesh Menon, Circle Head – Bangalore 1; Mr. Sudeep Sengupta, Circle Head - Bangalore 2; Mr. S. Anand, Circle Head – Bangalore 3; Mr. Raghavendra Prasad Reddy, Circle Head - Hubli, presented certificates of appreciation to MSME customers and acknowledged the significant contribution they made in their respective sectors and to the economic growth of the state. Additionally, a few MSME customers were felicitated at their business premises by Relationship Managers.

To celebrate the occasion, Axis Bank unveiled a suite of exclusive offers for MSMEs, providing significant financial benefits; enabling them to save on costs and access funds more easily and quickly. The Bank extended pre-qualified offers to existing MSME customers with 50% discount on processing fees for secured working capital products. It also offered unsecured EMI-based loans to MSMEs at a competitive interest rate and reduced processing fee.

Speaking about the initiative, Arnika Dixit, President and Head – Branch Banking, Axis Bank said, “Axis Bank is dedicated to promoting and supporting MSMEs, recognizing the crucial role they play in the economic landscape of India. We believe that fueling economic growth involves equipping the MSME segment with advanced digital banking products and services to ensure they remain efficient and agile. We are proud to celebrate and recognize the relentless spirit and achievements of our MSME customers. Our vision aligns with the ethos of ‘Vikasit Bharat’ and the ‘Make in India’ initiative as we support MSMEs in their journey towards contributing to a prosperous and self-reliant nation. MSMEs across India are continuously pushing boundaries with innovation and adaptability, and we are committed to fostering growth and pioneering new paths for these dynamic entrepreneurs.”

Over the years, Axis Bank has been empowering MSME customers with tailored offerings and initiatives, specifically designed to cater to their ever-evolving business needs and enhance their overall customer experience. Few initiatives by Axis Bank are -

·         Launched 'Neo for Business’, mobile-first business banking proposition designed to enhance productivity through seamless transactions

·         Introduced cutting-edge lending solutions via the Public Tech Platform for Frictionless Credit (PTPFC) in collaboration with RBI Innovation Hub

·         Facilitated the seamless opening of savings and current bank accounts for last-mile SME customers

·         Introduced robust supply chain finance solutions tailored to the needs of MSMEs

·         Hosts ‘Evolve’, an annual knowledge enhancement series aimed at equipping MSMEs with new-age strategies, operational know-how, and regulatory insights

·         Honors the exceptional contribution and achievements of MSMEs by felicitating them at the ‘India SME 100 Awards’ every year

As on 31st March 2024, Axis Bank held an 8.4% market share of the overall industry MSME credit. Axis Bank's SME loans have seen a Y-o-Y growth of 17% and a Q-o-Q growth of 5%, significantly contributing to the total loans mix.

About Axis Bank

Axis Bank is one of the largest private sector banks in India. Axis Bank offers the entire spectrum of services to customer segments covering Large and Mid-Corporates, SME, Agriculture, and Retail Businesses. With its 5,377 domestic branches (including extension counters) and 16,026 ATMs across the country as on 31st March 2024. The network of Axis Bank spreads across 2,963 centres, enabling the Bank to reach out to a large cross-section of customers with an array of products and services. The Axis Group includes Axis Mutual Fund, Axis Securities Ltd., Axis Finance, Axis Trustee, Axis Capital, A.TReDS Ltd., Freecharge, Axis Pension Fund and Axis Bank Foundation.

For further information on Axis Bank, refer to the website: https://www.axisbank.com

BMW Group India Launches Its Monsoon Service Campaign

* A special service camp for monsoon readiness to be held across India.

* Additional inventory of BMW/MINI Original Spare Parts for faster service turnaround.

* #SheerDrivingPleasure #BigLove #RelaxWeCare #WhateverHappens

BMW Group India has announced the launch of Monsoon Service campaign across its dealer network. This special initiative will be held across India and will ensure complete car readiness for the upcoming monsoon season.

Mr. Daniel Lugonjic, Director - Customer Support, BMW India said, “BMW Group is committed to ensuring that our customers' vehicles are in peak condition to handle the unique weather challenges. Our Monsoon Service Campaign is tailored to provide thorough inspections, maintenance, and necessary upgrades to enhance the safety and performance of BMW and MINI cars. We understand the importance of reliability and peace of mind for our customers, and this campaign underscores our dedication to providing exceptional service and support. With a dedicated team of trained technicians, specialised workshop technologies and original BMW Parts, we ensure you can enjoy relaxing journeys.”

Monsoon Service camp is conceptualized to offer useful information and tips on effective vehicle management, on-time maintenance and overall understanding of BMW and MINI vehicles. The program provides a comprehensive vehicle check and, if required, a basic Condition-Based Service as well, ensuring that the car is in top condition. The service is conducted by certified BMW and MINI technical experts. Customers can book prior appointments for car servicing at the workshop and be able to check and update their personal details to receive special promotions and offers from their dealer.

Following are the Complimentary Services that will be carried under the Monsoon Campaign:

Windscreen wipers check.

Function check of washer system.

Washer fluid level.

Rain light sensor check for auto wiper and auto headlight operation.

Check of all front and rear lights.

Alignment of headlights and fog lights.

Horn: Function test.

Micro filters condition check and replace if necessary.

Weather strips check of doors and trunk lid.

Sunroof cover seals, drainpipes and trunk lid ventilation check.

E-Box (Engine control unit box) cleaning.

Inspection of dummy steering gromet on engine firewall.

Electrical plug connections in engine compartment and vehicle underbody check.

Tyres check tread depth (min. 3mm), damages (e.g. cuts, bulges), irregular wear and correct tire pressure.

Visually inspecting exhaust system for any leaks or breakage.

Visual inspection of belt drive and damper pulley for cracks.

Checking charging cable and high voltage charging socket for damage, corrosion and wear (BEV / PHEV).

Vehicle underbody incl. all visible parts: Check for damage, correct position, corrosion and tightness (BEV / PHEV).

BMW Group India urges its customers to be cautious while driving during heavy rains and around waterlogged areas. Customers are advised not to attempt to re-start the engine of a stalled vehicle to avoid damage to the engine. Affected customers can call BMW/ MINI Roadside Assistance at 18001032211 or Customer Interaction Centre at 18001022269 for assistance.

BMW Group India is the pioneer in bringing luxurious dealerships to India and has set a decisive course by setting up BMW dealerships of international standards across the country. Currently, BMW Group India has 44 service centres across 36 cities in India.

ISCR Announces “Run4Research”: A Challenge Race In Bengaluru To Raise Awareness For The Importance of Clinical Research

The Indian Society for Clinical Research (ISCR) is thrilled to announce its upcoming "Run4Research" event, a challenge race aimed at promoting awareness for India's vibrant clinical research community. Organised with executing partner Cellula, the event is scheduled for June 30th, 2024, from 5 AM to 9 AM at the Atal Bihari Vajpayee Stadium, HSR Layout, Bengaluru, this event offers 3K, 5K, and 10K categories to cater to participants of all fitness levels. ISCR invites runners, anyone involved in the field of clinical research and health enthusiasts to participate in this exciting event that combines fitness with joining for the cause of promoting clinical research in India.

The Indian Society for Clinical Research (ISCR) is a professional body dedicated to promoting ethical and high-quality clinical research in India. ISCR's mission is to facilitate collaboration among stakeholders and to advocate for the advancement of clinical research to improve healthcare outcomes. Through various initiatives, ISCR strives to enhance the scientific, ethical, and operational aspects of clinical trials in the country.

Dr Sanish Davis, President, Indian Society for Clinical Research, emphasises the event's importance, saying "Clinical research is vital for bringing new treatments to patients. Without rigorous testing in clinical trials, new drugs, vaccines, and medical devices cannot be approved for use. This event aims to make patients aware of the importance of clinical trials and how their participation can benefit both themselves and future generations."

The event is made possible through the generous support of leading organisations in the global life sciences sector, providers of integrated solutions in clinical research, science led biopharmaceutical companies that bring medical and diagnostic innovations to improve health and improve lives and also a leading electric vehicle company, known for its innovative and eco-friendly transportation solutions.

The Run4Research is open to all including seasoned marathoners and weekend warriors alike. With multiple race categories to suit different fitness levels, participants can choose the challenge that best fits their abilities. Beyond the race itself, attendees will have the opportunity to interact with clinical research professionals and visit informational booths to learn more about clinical research and its impact on healthcare.

MSME Day: How Financial Institutions Can Drive Holistic Growth of Small Businesses

Micro, Small, and Medium Enterprises (MSMEs) are the backbone of our economy, driving growth and innovation across various sectors. These millions of enterprises are powerful engines of employment and catalysts for ensuring a more inclusive and resilient economy. World MSME Day, celebrated on June 27, recognizes the vital role MSMEs play in achieving sustainable development goals, fostering innovation, and providing employment opportunities globally.

Jairam Sridharan, Managing Director of Piramal Finance, emphasizes the critical role financial institutions play in fostering the holistic growth of MSMEs. “As an NBFC, we recognize the critical role financial institutions play in driving the holistic growth of MSMEs. To foster their development, financial institutions must adopt a multi-faceted approach. First, seamless access to finance is vital. Second, beyond lending services.”

Tailored lending solutions, including microloans and flexible credit lines, cater to the unique needs of MSMEs. Streamlining the loan approval process through digital platforms significantly reduces bottlenecks, enabling faster access to capital.

“Financial institutions should partner with government and industry organizations to create comprehensive support systems. This collaboration can provide MSMEs with access to grants, subsidies, and mentorship programs like the Pradhan Mantri Mudra Yojana and the Startup India initiative, offering them the necessary resources and guidance to scale their operations,” Jairam adds.

In addition to lending, financial literacy programs add significant value. Educating MSME owners on financial management, investment strategies, and risk mitigation empowers them to make informed decisions, thereby enhancing their business sustainability and growth potential.

Technology and data analytics are transforming MSME financing. Adopting alternative credit scoring models and big data allows financial institutions to more accurately evaluate the creditworthiness of MSMEs, particularly those without traditional credit histories.

In conclusion, financial institutions play an essential role in driving MSME growth by providing accessible finance, enhancing financial literacy, fostering collaborative ecosystems, and leveraging technology. This holistic approach not only supports the growth of individual enterprises but also strengthens the broader economic fabric.

Mahindra XUV700 Achieves 200000 Unit Milestone in Record Time

*  To celebrate this milestone Mahindra has introduced two new colour option in  XUV700: Deep Forest and exclusive to XUV700 Burnt Sienna.

*   Reached the milestone of 100 000 units rolled out in 21 months and achieved 200 000 units in 33 months.

*   Setting new standards since launch, the XUV700 debuted with segment-first features such as Level 2 ADAS, Alexa built-in functionality, and Dual 26.03 cm HD Superscreen.

Mahindra & Mahindra Ltd., India’s leading SUV manufacturer, celebrates a major milestone with the production of the 200 000 Mahindra XUV700 SUV, achieved in just 33 months. To mark this milestone, Mahindra has introduced two new colours: Deep Forest and exclusive to XUV700 Burnt Sienna, expanding the range to nine.

The Mahindra XUV700 has deeply resonated with Indian customers for its unmissable presence, tough yet sophisticated experience, spirited performance, world-class safety, and advanced technology. Setting a new standard, it introduced segment-first features like Alexa Built-In Functionality, Level 2 ADAS, and Dual 26.03 cm HD Superscreen, among many more. It solidifies its position as the premier SUV for the urban driving experience and memorable highway journeys, backed by 40 prestigious awards, including the "2022 Indian Car of the Year."

Safety is integral to the XUV700 experience, with the SUV holding India's Safest Vehicle "Safer Choice Award" for 2022 and a 5-star Global NCAP rating. It achieved the highest combined occupant safety rating in Global NCAP’s #SaferCarsForIndia campaign, earning five stars for adult occupant protection and four stars for child occupant protection.

Reflecting Mahindra's commitment to continuously enhancing the customer experience, the 2024 XUV700 was launched in January with new features like ventilated front seats, memory ORVMs, and the Napoli Black colour. Additionally, the introduction of the AX5 Select, MX 7-seater, and Blaze edition diversified the line-up, enhancing accessibility and appeal for customers. Mahindra has also expanded its production capacity, ensuring faster deliveries.

Social Media Addresses for Mahindra XUV700:

·         Brand website:  https://auto.mahindra.com/suv/xuv700

·         Instagram: @mahindraxuv700

·         Facebook: @mahindraxuv700

·         Twitter: @MahindraXUV700

·         YouTube: Mahindra XUV700

·         Hashtags: #XUV700#MahindraXUV700

About Mahindra

Founded in 1945, the Mahindra Group is one of the largest and most admired multinational federation of companies with 260000 employees in over 100 countries. It enjoys a leadership position in farm equipment, utility vehicles, information technology and financial services in India and is the world’s largest tractor company by volume. It has a strong presence in renewable energy, agriculture, logistics, hospitality, and real estate. 

The Mahindra Group has a clear focus on leading ESG globally, enabling rural prosperity and enhancing urban living, with a goal to drive positive change in the lives of communities and stakeholders to enable them to Rise.

Learn more about Mahindra on www.mahindra.com / Twitter and Facebook: @MahindraRise/ For updates subscribe to https://www.mahindra.com/news-room.

Capri Loans Introduces Affordable “Gold Loans For MSMEs With Interest Rate Starting 99 Paise Per Month Per Rs. 100

- Loan approval within 30 mins, with digital disbursement and flexi repayment option

Capri Loans, a leading non-banking financial company, launched an affordable gold loan scheme tailored for business owners with an Udyam Aadhaar. Designed to meet the working capital needs of micro, small, and medium enterprises (MSMEs), this scheme offers an attractive interest rate of just 99 paise per month per Rs.100 which effectively comes to 11.88% pa. This interest rate by far is the most competitive in the industry with no hidden charges.

Aimed at promoting financial inclusion and expanding credit access to underserved regions, particularly in tier 2 and tier 3 cities, this scheme offers several features designed for the convenience and flexibility of business owners. With minimal paperwork required, individuals and sole proprietors can secure the loan using just their KYC documents. The loan amount is disbursed within 30 minutes, making it ideal for busy entrepreneurs. Additionally, the scheme includes a top-up facility and negligible processing fees, simplifying the borrowing process. Business owners can use their idle gold assets to improve their cash flow by simply presenting their Udyam Aadhaar number.

Mr. Ravish Gupta– Gold Loan, Business Head at Capri Loans emphasized "At Capri Loans, we believe in empowering MSMEs with accessible financial solutions that fuel their growth and drive economic prosperity. Our newly launched gold loan scheme, tailored for Udyam Aadhaar holders, exemplifies our commitment to foster financial inclusion and transform the lending landscape. With streamlined processes, competitive interest rates, and innovative repayment options, we stand firm in our pledge to support the aspirations of entrepreneurs across India."

With flexible repayment option and no foreclosure charges, this scheme allows business owners to repay according to their business payment cycle. Additionally, the loan amount is transferred digitally to the borrowers' bank accounts for added convenience.

Capri Loans remains committed to support the growth and success of MSMEs across the country through innovative financial solutions tailored to their needs.

Tata Motors Leads SUV Market With Nexon And Punch Across India

Key highlights:

Nexon ranked as the #1 SUV three years in a row (as of FY24)

Nexon celebrates 7 Lakh Sales milestone and its 7th Anniversary

Nexon and Punch ranked as #1 and #2 in the SUV category for FY24

Punch became the #1 selling car in March and April 2024

Nexon.ev and Punch.ev become the first EVs to achieve 5-star BNCAP rating, with Punch.ev becoming India’s safest EV

Tata Motors, one of India’s leading automotive manufacturers, ended FY24 on a high, with its two products, Punch and Nexon, emerging as the best-selling SUVs in the country. Tata Nexon grabbed the pole position, dominating this segment three years in a row, despite aggressive competition in the segment, with Punch being a close second. Tata Nexon also recently achieved the magnanimous 7 lakhs sales milestone in its 7th year making it the most loved SUV of India.

The compact SUV segment has shown remarkable growth over the years, making it the most competitive and contested segments and Tata Motors is committed to be one of the leaders in this space. It is evident from the company’s consistent investment in various innovations for the Nexon and Punch.

About Nexon:

Since its launch in 2017, the Nexon has attracted customers who seek uniqueness and something out of the box while also delivering top-tier performance and comfort. Nexon’s futuristic design, superior safety features and consistent evolution have made it a popular choice among Indian consumers, earning it a reputation for reliability. Nexon was India’s 1st GNCAP 5 star rated vehicle in 2018, which set the benchmark for all Indian automobiles to follow. The legacy has continued ever since. In Feb 2024, the new gen Nexon received its GNCAP 5 star rating as per the enhanced 2022 protocol, which was soon followed with the Nexon.ev achieving the prestigious 5-star rating from Bharat-NCAP, this month.

Winner of 41 coveted awards and 7 lakh Nexons on the Indian roads, its stellar performance is evident in its accelerated sales growth, with over 3 lakhs units sold in just the last two years (2022 and 2023). Available in multiple powertrains – petrol, diesel and electric, brand Nexon has grown in strength with time and built a loyal fan base for its class leading design, segment best features and a tech forward experience.

About Punch:

The Tata Punch on the other hand has democratized the SUV attributes. Its uncompromising design, comfort, and proven capability appeal to both existing and first-time buyers. Offering a SUV stance, spacious interiors, and the highest safety rating in its segment (GNCAP 5 star rated), the Punch is undoubtedly a comprehensive package. Furthermore, the Punch.ev recently received a 5-star BNCAP rating, making it India’s safest vehicle. On the whole, the Punch has led the charge in the sub-compact SUV segment with a commendable 170,076 units sold in FY24 coagulating its position in the market. As of March 2024, the Punch become the #1 selling car in the industry.

The compact SUV market in India has witnessed a substantial development in the past few years manifested by the steady growth in the market share. Within this segment, industry has witnessed a rise from 4% to 7% in the market share and in the bigger SUV market, the market share has grown from 8% to 14%. This surge highlights the increasing demand and appeal of the compact SUVs across the automotive landscape reassuring their position as a leading force in the industry.

Mobicule Accelerates Growth In South India; Phygital Debt Resolution Space Through Expansion In Bengaluru And Chennai

* Increasing Employee Strength By 200 For Its integrated  Contact Center And Print – To – Post Facility

* Mobicule Technologies  with its path breaking platform helps banks and NBFCs to enhance their Debt Resolution efficiency and reduce bounce rates. This expansion not only aims to tap into Bengaluru's rich talent pool but also sets new standards in the fintech industry, reflecting Mobicule's commitment towards  delivering actionable difference, innovation and quality service.

Mumbai-based, Mobicule Technologies Pvt. Ltd., a frontrunner in Phygital Debt Resolution and customer onboarding, proudly announces its strategic expansion in the South India market, marking a significant step towards enhancing its presence and capabilities in the Phygital Debt Resolution sector. This expansion is highlighted by the establishment of an integrated Phygital Contact Center  in Bengaluru and print-to-post facility in Chennai, designed to drive growth and improve service delivery in the region.

Following the successful launch of its Phygital Contact Centre and the Intelligent “Print-to-Post” solution in Mumbai, Mobicule Technologies continues to make substantial strides in the fintech sector. The company is set to enhance customer experience strategies for banks and NBFCs, reduce bounce rates, and improve the efficiency of Debt Collection and Recovery through advanced user behaviour analytics, risk assessment, and a combination of digital, AI-enhanced, and physical communication strategies.

The hub office in Bengaluru will serve as a vital cog in the wheel for Mobicule's operations in Southern India, supporting a broad spectrum of functions, including sales and support  office and a fully integrated Phygital Contact Center. This facility is expected to host a significant number of new employees ranging from tech specialists and data analysts to customer service representatives and managerial staff, reflecting Mobicule’s dedication to local talent and economic growth.

Siddharth Agarwal, Founder and Managing Director of Mobicule Technologies, emphasized the strategic importance of this expansion, "Expanding into Bengaluru aligns perfectly with our strategic objectives to bolster our market presence and tap into the abundant local talent, propelling our innovative solutions to new heights. This expansion is more than just a growth strategy; it represents Mobicule's ongoing commitment to revolutionize debt resolution services through cutting-edge technology.

Yatin Pednekar, co-founder and CTO of Mobicule Technologies, further emphasized, “The strategic importance of Bengaluru in the company's expansion plans. He notes, 'Bengaluru's dynamic environment and its renowned status as India’s tech hub are instrumental in driving our growth and pioneering initiatives in the fintech sector. This city’s vibrant economic landscape provides the perfect ecosystem for innovation and technological advancements. Yatin further highlights how Mobicule Technologies harnesses cutting-edge technologies, stating, 'We utilize advanced artificial intelligence, machine learning, and real-time analytics as part of our core strategy.

Raju RamaSwamy, Head – Growth Markets and Alliances said “Our partner strategy has provided thrust to further strengthening our positioning as an end-to-end platform for collection and debt resolution. Through this collaboration, we leverage the technologies and services from top Cloud, communication and payment gateway providers, Feet on street, Contact Center solutions and legal service ecosystems.  This has allowed our customers to deploy new services quickly, integrating tightly and deliver a best-in-class customer experience.

With these new initiatives in Bengaluru and Chennai, including the sales office and integrated Phygital Contact Center and one of its kind fully automated Print-to-Post facility , Mobicule Technologies is set to significantly enhance its service offerings and customer interaction, establishing new benchmarks in the fintech industry.

JSW Infrastructure Has Agreed To Acquire Majority Stake In Navkar Corporation Limited

JSW Infrastructure Limited (the “Company”), a part of the JSW Group and India’s second-largest private commercial port operator, through its wholly owned subsidiary JSW Port Logistics Private Limited (the “Acquirer”), has agreed to acquire 70.37% shareholding held by Promoters and Promoter Group in Navkar Corporation Limited (“Navkar”). Necessary definitive agreements have been signed between the parties.

The completion of the acquisition is subject to the receipt of customary approvals required from certain regulatory bodies and the completion of identified conditions precedent.

Navkar Is listed On BSE And NSE. It’s key operating facilities are:

·        One Container Freight Station (CFS) and Gati Shakti Cargo Terminal at Somathane, Pavnel and Two CFS at Ajivali, Panvel.

·        An Inland Container Depot (ICD) at Morbi, Gujarat. The ICD is part of the Multimodal Logistics Park (MMLP).

Navkar also has a Container Train Operator License of Category 1 and Category 2. Navkar has established a foothold with facilities in the Western India industrial belt across the states of Maharashtra and Gujarat and leveraged its railway capability to extend its service network to Pan India.

The acquisition aligns with the Company’s strategy to pursue value-accretive organic and inorganic opportunities in the port and related infrastructure sector. The acquisition will result in the Company's foray into logistics and other value-added services. It will facilitate the business to offer improved port connectivity and streamlined supply chain solutions to its customers.

The acquisition also marks a first step towards the Company’s long-term vision of building and scaling an efficient pan-India logistics network for last-mile connectivity. Further, it complements the growth strategy of increasing the Company’s share of port-related container cargo driven by India’s strong economic fundamentals.

As a result of the Proposed Transaction, the Acquirer will be required to make an open offer in accordance with SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

JM Financial Limited acted as the exclusive financial advisor to the Company for this transaction.

About JSW Infrastructure Limited:

JSW Infrastructure Limited is part of the JSW Group. JSW Infrastructure Limited is the second largest private commercial port operator in India having environment-friendly seaports & terminals. It currently operates ten port concessions strategically located on the west and east coasts of India. Its international presence includes a Liquid tank storage terminal of 4,65,000 cubic meters in Fujairah, UAE. The existing ports and terminals of the Company can handle a wide range of cargo and vessels up to Cape size. Its largely mechanized cargo handling system enables quick turnaround times while ensuring efficient use of existing resources. The strategic locations of these facilities make its ports a preferred option for its customers. JSW Infrastructure Limited has expanded its cargo mix by leveraging its locational advantage and maximizing asset utilization. As part of its future growth strategy, the Company plans to enhance its overall cargo-handling capacity to 400 MTPA by 2030 or earlier. It is also strengthening its market position by focusing on value-added offerings with end-to-end logistic support and a diversified cargo profile. JSW Infrastructure is committed to strengthening its ESG performance across the operational ecosystem by aligning its policies and practices with international standards. As a multinational conglomerate, JSW Group has a significant presence in sectors such as steel, energy, infrastructure, cement, sports, and venture capital among others.

G. Srinivasa Raghavan Appointed Chairman of NEXUS Automotive International

* First Asian to be appointed to this position

G. Srinivasa Raghavan, Managing Director - Ki Mobility Solutions and CEO & Global President - TVS Mobility has been elected as Chairman of the Board of Directors of NEXUS Automotive International. Ki Mobility Solutions is a leading Indian player in the independent automobile aftermarket business. This appointment strengthens, NEXUS’ as a “growth accelerator” and “innovative” strategies.

In line with NEXUS’ DNA since its creation 10 years ago, NEXUS has elected a leader coming from a fast-growing market, India, as Chairman of its Board of Directors. It is the first time that an Indian leader is taking a global responsibility of that kind in the Automotive Aftermarket, reflecting the rising role of India in the overall Global economy.

This election sends a powerful message to the entire automotive industry, underscoring Nexus's rising influence in India and broader Asian markets. It demonstrates at the same time how innovation is at the heart of NEXUS’ DNA, Raghavan being the leader of Ki Mobility Solutions (TVS Mobility), a very innovative start-up that is heading towards a large success. It also highlights the company's dedication to expanding its geographical reach, following the leadership of former chairmen from the Middle East (Akram Sharour) and South America (Gerson Prado).

With G. Srinivasa Raghavan steering the Board of Directors, the company is set to continue its trajectory of success, reinforcing its global presence and accelerating the pace of innovative investments within the Global Automotive Aftermarket landscape.

Gaël Escribe, CEO of NEXUS, commented on the election; “Raghavan's appointment aligns perfectly with our core values and our commitment to investing in and supporting activities in fast-growing markets. His leadership will drive us forward and embark on a new decade of global reinforcement. Our new motto, ‘Brightening our future,’ encapsulates our vision for growth and innovation in the coming decades.”

G Srinivasa Raghavan, Managing Director - Ki Mobility Solutions and CEO & Global President - TVS Mobility added, “I am honoured to take on this role at such a pivotal time for NEXUS. We are poised to strengthen our position as a leader in the automotive aftermarket industry, facing major challenges head-on. Innovation in a fast transformation industry is a key answer to take benefits from rising opportunities”.

  

PNB Strengthens Partnership With “Indian Army Through PNB Rakshak Plus Addendum”

To further strengthen its support to the armed forces, PNB, nation’s leading public sector bank, has enhanced the insurance coverage and other benefits for all serving personnel of the Indian Army under its flagship scheme – “PNB Rakshak Plus” w. e. f. 01.04.2024.

The addendum to the existing MoU was signed by PNB Chief General Manager Shri Sunil Agrawal and Major General V K Purohit, AVSM, YSM, SM, Additional Director General Personal Services in the presence of PNB Executive Director Shri Kalyan Kumar and Lt. Gen. V Sreehari, AVSM, SC, SM, Director General Manpower Planning & Personal Services, and other senior officials from the Bank and the Indian Army at the office of the Additional Director General Personal Services (ADG PS) Directorate, Adjutant General’s Branch, Army Headquarters.

Apart from this, several additional benefits are being offered to the dependents and families of Rakshak Account holders.

Photo Caption: PNB ED Shri Kalyan Kumar (Centre Right), Lt. Gen. V Sreehari, AVSM, SC, SM, Director General Manpower Planning & Personal Services (Centre Left), Major General V K Purohit, AVSM, YSM, SM, Additional Director General Personal Services (Right) & PNB CGM Shri Sunil Agrawal (Left)

IndusInd Bank Roots For MSME Growth And Success With Focused Banking Initiatives

* The Bank offers a plethora of tailored banking solutions to support the MSMEs

On the occasion of International MSME Day today, IndusInd Bank recognizes the essential role that Micro, Small, and Medium Enterprises (MSMEs) play in India's economy, by introducing the knowledge series named “Level Up”, and highlights a range of MSME-focused initiatives implemented by the Bank. The ‘IndusInd Bank Level Up’ is a knowledge series wherein successful business owners and C-suite executives provide MSMEs with insights on strategic planning, financial management, digital transformation, and market expansion, which further aims to equip businesses with practical strategies to navigate challenges and foster sustainable growth in competitive markets. With an aim to facilitate easy credit access, reduce operational costs, and ensure business continuity for MSMEs, IndusInd Bank is doubling down on its commitment to strengthen the sector.

To make these banking initiatives available and thereby empower MSMEs to thrive and expand seamlessly, IndusInd Bank has established 126 MSME Hubs across India, strategically situated in concentrated MSME activity areas. These hubs offer tailored banking experiences with expedited loan approvals, customized products, and expert guidance. Besides this, the Bank also prioritizes digital transformation to ensure quick sanctions and disbursals in the MSME segment. Additionally, to provide quick funds, reduce administrative burden, and enable growth, the Bank's GSTOD (Goods and Services Tax Overdraft) product allows registered MSMEs to get instant sanction of funds up to ?2 crores with minimal documentation and a one-time GST OTP.

In its constant endeavor to evolve product offerings for MSMEs, Bank’s most recent initiatives include the ‘IndusWE’ program, empowering women entrepreneurs with not just banking but with holistic support of other services that will enable their business growth.  Further, Bank offers CGTMSE (Credit Guarantee Fund Trust for Micro and Small Enterprise) backed loans to eligible MSME borrowers under the Government’s CGTMSE scheme, wherein collateral-free financing up to ?5 crores is provided, enhancing credit accessibility.

IndusInd Bank has been always leading in the sustainability front and as one of the leading initiative, the Bank also offers ‘Solar power financing’ that supports MSMEs in adopting solar energy, reducing costs sustainably. Bank has also introduced ‘Loan Protect’ product to ensure business continuity for MSMEs against unexpected disruptions for MSMEs.

Mr. Sanjeev Anand, Head - Corporate, Commercial, Rural & Inclusive Banking, IndusInd Bank, said, “India’s MSMEs are fundamental to the nation's growth and serve as the backbone of the Indian economy. As our country strives for a $5 trillion GDP, MSMEs will be key in achieving this milestone, augmented by various government initiatives that are designed to enhance their competitiveness and growth. This MSME Day, IndusInd Bank recognizes the contributions of MSMEs to India's economy and remains steadfast in its effort to support their growth and success.”

About IndusInd Bank:

IndusInd Bank Limited commenced its operations in 1994 catering to the needs of consumer and corporate customers. Since its inception, the Bank has redefined the banking experience for its customers including various government entities, PSUs, retail and large corporations. As on March 31, 2024, IndusInd Bank has a customer base of approx.39 million, with 2984 Branches/Banking Outlets and 2956 ATMs spread across geographical locations of the country and covering 157000 villages. The Bank has representative offices in London, Dubai and Abu Dhabi. The Bank believes in driving its business through technology that supports multi-channel delivery capabilities. It enjoys clearing bank status for both major stock exchanges BSE and NSE and settlement bank status for NCDEX. It is also an empanelled banker for MCX.

RATINGS 

Domestic Ratings: 

·         CARE A1+ for Certificate of Deposits

·         CRISIL AA + for Infrastructure Bonds program/Tier 2 Bonds 

·         CRISIL AA for Additional Tier 1 Bonds program 

·         CRISIL A1+ for certificate of deposit program / short term FD programme

·         IND AA+ for Senior bonds program/Tier 2 Bonds by India Ratings and Research 

·         IND AA for Additional Tier 1 Bonds program by India Ratings and Research 

International Rating: 

·         Ba1 for Senior Unsecured MTN programme by Moody’s Investors Service 

Visit us at?https://www.indusind.com/

Ramky Infrastructure Limited Bags Contracts Worth INR 131.19 Crores In The Union Territory of Ladakh

Ramky Infrastructure Limited a leading organization in the realm of infrastructure development has received two orders to implement the distribution of the infrastructural works of Ladakh Power Development Department from Power Grid Energy Services Limited. The first contract worth ?107.39 Cr (Excluding GST) and the second contract worth ?23.80 Cr (Excluding GST) for the supply of plant and installation services respectively, in the districts of Leh & Kargil of UT of Ladakh.

PowerGrid Energy Services Limited, a wholly-owned subsidiary of PowerGrid Corporation of India Limited has awarded the contracts to Ramky Infrastructure Limited to be executed over a period of 30 months. The contracts were awarded for the loss reduction work under the Revamped (results-linked) Distribution Sector Scheme (RDSS) in the Leh district.

The RDSS scheme is intended to minimize the Aggregate Technical & Commercial (AT&C) losses in Ladakh, which are projected to be reduced from 49.04% in 2021-22 to 27.85% by 2024-25. With a sanctioned cost of Rs. 687.05 Crores, the RDSS includes the Grid connectivity of the Changthang Region, Downline infrastructure in the Zanskar Region along with the Loss Reduction works in the Leh and Kargil Districts of UT of Ladakh.

The scope of the project broadly involves the construction and commissioning of seven 66KV electricity substations, 70 km of new electricity distribution lines, 550 km of reconditioning by AB cable, and the installation of approximately 400 distribution transformers.

On receiving the contracts in the northernmost union territory of India, Mr. Y. R. Nagaraja,  Managing Director of Ramky Infrastructure Limited said “We are pleased to be awarded to execute the contracts for the loss reduction works in the Leh district of the Ladakh union territory as it reflects our commitment and adherence to quality standards. This project enhances our capability to develop urban infrastructure projects in challenging and complex terrains. We look forward to executing the contract by late 2027 or early 2028.

The government aims to improve operational efficiency and financial sustainability through these projects. They will offer result-based financial aid to DISCOMs for strengthening supply infrastructure, contingent on meeting pre-qualifying criteria and achieving fundamental benchmarks.

About Ramky Infrastructure

Ramky Infrastructure Limited (Ramky) is a flagship company of Ramky Group, one of the leaders in the realm of infrastructure development. Since the incorporation of its business in 1994, the Company has completed a wide range of construction and infrastructure projects focusing on Industrial Infrastructure development and EPC projects in the fields of Water, Waste Water Treatment, Roads, Bridges, and Urban Infrastructure Development. With a highly skilled team of over 2000 people, Headquartered in Hyderabad, Telangana, it manages its business operations in India & overseas markets.

Ramky Infrastructure Limited is an infrastructure development-centric, environment-concerned, and development-oriented company. Ramky is ISO 9001:2015 (QMS), ISO 14001:2015(EMS), and ISO 45001:2017 (OHS) certified for Quality Management Systems, Environment Management Systems, and Occupational Health & Safety Management Systems which the Company applies to the design, development, engineering, procurement and construction of projects.

For more details visit https://ramkyinfrastructure.com/

Manipal Academy of Higher Education And Sage Sign Open Access Agreement In India

Manipal Academy of Higher Education, Manipal, India Institution of Eminence and Deemed to be University, a leading Multidisciplinary University and Sage, a global academic publisher of books, journals, and library resources with a growing range of technologies, signed a Read and Publishing agreement.

The agreement with Sage will allow the faculty and researchers of MAHE to access over 1000 journal titles and researchers can publish their content as open access.

Commenting on the partnership, Lt. Gen. (Dr.) MD Venkatesh, Vice-Chancellor, MAHE said, “The signing of an open access agreement between MAHE, Manipal and Sage marks a significant step towards enhancing the accessibility and visibility of research publications. This agreement aligns with the global movement towards open science, which aims to make scientific research freely available to all, thereby fostering greater dissemination, collaboration, and innovation.”

Sugata Ghosh, Vice President: Publishing Business, Sage said "We are delighted to partner with MAHE in our first Read and Publish Agreement with an Indian institution. This collaboration underscores our commitment to supporting academic research and promoting open access in India.”

About Manipal Academy of Higher Education (MAHE): Founded in 1953, Manipal Academy of Higher Education (MAHE) is a globally engaged institution with active partnerships with more than 250 leading universities around the globe. MAHE is synonymous with excellence in higher education and therefore conferred the status of Institute of Eminence (IOE) by Govt. of India. Research has always been an area of paramount importance at MAHE. The experts at MAHE are taking meticulous and meaningful steps to build reservoirs of intellectual wealth and academic excellence. In the process, MAHE has created some of the country’s best institutes and schools across several diverse streams like medicine, dentistry, nursing, engineering, pharmacy, hotel management, allied health, architecture and design, communication etc. Visit us at www.manipal.edu . Follow us on Facebook, Twitter and Linkedln.

About Sage: Sage is a global academic publisher of books, journals, and library resources with a growing range of technologies to enable discovery, access, and engagement. Believing that research and education are critical in shaping society, 24-year-old Sara Miller McCune founded Sage in 1965. Today, we are controlled by a group of trustees charged with maintaining our independence and mission indefinitely.

Our guaranteed independence means we’re free to:

Do more – supporting an equitable academic future, furthering disciplines that drive social change, and helping social and behavioral science make an impact

Work together – building lasting relationships, championing diverse perspectives, and co-creating resources to transform teaching and learning

Think long-term – experimenting, taking risks, and investing in new idea

Cooper Corporation And Sinfonia Technology Collaborate To Introduce “CPCBIV+ Certified LPG Gensets” In India And Beyond

Cooper Corporation, a leading engine, engine component and generator manufacturer, based in Satara, Maharashtra proudly announced its pioneering collaboration with Sinfonia Technology, a leading innovator in clean transport devices, power control and aerospace technologies, to introduce revolutionary LPG gensets to India, Japan and other ASEAN countries.

This landmark collaboration marks a significant milestone in the pursuit of sustainable energy solutions, as Cooper Corporation unveils the first-of-its-kind in India 10 KVA LPG CPCBIV+ certified genset, developed in partnership with Sinfonia Technology. Engineered to meet the stringent emission standards set forth by the CPCBIV+ legislation in India, this genset represents a quantum leap towards achieving zero carbon footprint and ushering in a new era of clean power generation. The CPCBIV+ LPG Gensets will be unveiled at Gas India Expo 2024 to be held on 4th – 6th July at Expo Center Greater Noida, U.P, India.

The COOPER SINFONIA genset, model name CSG-0010L-IN and its brand name ‘DAIMON’ in India, which happens to be name of the town Sinfonia is based in. The same product in Japan will be branded as ‘SATARA’, the name of the town Cooper Corporation has been based for the past 100 years. The genset offers unparalleled benefits to customers, delivering exceptional performance, economy and reliability. With its compact footprint, low operational costs and ease of maintenance, it emerges as a superior and economical alternative to traditional diesel gensets and grid power. Unlike other power sources, LPG stands out as a clean and sustainable fuel, ensuring minimal environmental impact and maximum efficiency.

Sinfonia is a multinational Japanese company, with turnover of over ¥ 94.5 billion for year ending 2021. Founded in 1917, the 100-year-old company has expanded into various business verticals are Automotive Testing Systems and Components, Aerospace, Industrial Vehicles, Industrial Robotics, Controllers, Printer Systems, Clutch & Brakes, Regenerating Medicines and Agriculture.

Similarly, Cooper Corporation, also a the 100-year-old company specializing in Component Manufacture, Engines both Diesel and Gas. They have over 13 factories, all placed in Satara, with more than 400 people to complete 40 years of service. Exports for Cooper Corporation account for 50% of its business revenue, with exports worth more than INR 10,000 Crores till date.

Mr. Farrokh N. Cooper, Chairman and Managing Director, Cooper Corporation Pvt. Ltd said, “At Cooper Corporation, we are committed to driving innovation and sustainability in the power generation sector. Our partnership with Sinfonia Technology exemplifies our shared vision of delivering cutting-edge solutions that not only meet but exceed the expectations of our customers. With the heart of a true Parsee entrepreneur, we believe in excelling in whatever we do.”

Echoing Mr. Cooper's sentiments, Mr. Masaki Tatsuda, Manager of Social Infrastructure Sales Sec., Sinfonia Technology Co., Ltd, remarked, "We are thrilled to collaborate with Cooper Corporation in introducing advanced LPG gensets that redefine industry standards. Through our combined expertise and dedication to technological excellence, we aim to empower customers with reliable, eco-friendly power solutions that pave the way for a greener future."

The collaboration between Cooper Corporation and Sinfonia Technology underscores their unwavering commitment to innovation, sustainability, and customer satisfaction. They are also in the process of jointly developing a series of Hydrogen engines for both on-road and off-road use. Hydrogen as a fuel has already been introduced in countries like Japan and USA, with a possibility that India will soon use hydrogen as a fuel. As pioneers in their respective fields and each with a century old legacy, both companies are poised to revolutionize the power generation landscape and set new benchmarks for environmental stewardship.

In Bengaluru Honda Motorcycle And Scooter India Conducts Successful Road Safety Awareness Campaign

* A campaign that left an indelible mark on over 1900 students and staff members!!

Honda Motorcycle and Scooter India reinforces its commitment to road safety with another impactful awareness campaign in Bengaluru, Karnataka. Hosted on the grounds of St Sophia Convent High School and National Public School, the campaign marked a significant milestone for HMSI, engaging over 1900 students and staff members.

The road safety campaign featured interactive activities such as safety riding theory session, danger prediction training, road safety quiz, helmet awareness, and Riding Trainer session that kept the participants engaged throughout the campaign.

HMSI prioritizes the safety of every individual, and in line with this dedication, the company has been conducting road safety awareness campaigns across various regions of the country. These initiatives aim to provide crucial information and guidance on safe driving practices. Bengaluru is the latest city to benefit from this initiative, as HMSI strives to equip the community with the knowledge and skills necessary for safe navigation on the roads.

HMSI extends its gratitude to the authorities of St Sophia Convent High School and National Public School, for their support in organizing this important initiative. Together, we can make a significant difference in creating safer roads and reducing accidents.

Since its inception, HMSI has educated nearly 4 lac adults and children in Karnataka, promoting responsible road usage, and cultivating safe riding habits. Additionally, HMSI has reached more than 60 lac individuals across the country with its road safety education initiatives.

Honda Motorcycle & Scooter India’s CSR commitment towards Road Safety:

In 2021, Honda globally made a vision statement for the year 2050 where it will strive for zero traffic collision fatalities involving Honda motorcycles and automobiles. In India HMSI is working in line with this vision and the Government of India direction of reducing fatalities to half by 2030.

One critical aspect of achieving this goal is inculcating a positive mindset towards road safety in our children by the year 2030 and continuing to educate them thereafter. Road safety education at schools and colleges is not only to create awareness but also to inculcate a safety culture in young minds and turn them to be the safety ambassador. It empowers future generations to become responsible and significantly contribute to a safer society.

HMSI wants to be a company that Society wants to exist and is strongly focusing on Road safety awareness to all sections of society with unique ideas catering to each segment from school kids to corporates and society.

HMSI’s set of skilled safety instructors conducts daily programs at our 10 adopted traffic training parks (TTP) across India and 6 Safety Driving Education Centers (SDEC) to make road safety education accessible to every part of society, and the initiative has impacted over 5.7 million Indian citizens. HMSI’s National Road Safety Awareness program made learning fun yet scientific through:

SCIENTIFICALLY DEVISED LEARNING MODULE: Honda’s skilled instructors set the foundation with theory sessions on road signs & markings, driver’s duties on road, riding gear & posture explanation and safe riding etiquettes.

1.    PRACTICAL LEARNING: A special training activity on Honda’s virtual riding simulator was executed for all to experience over 100 possible dangers on road before actual riding.

2.    INTERACTIVE SESSION: Participants were given danger prediction training known as Kiken Yosoku Training (KYT) which helps in enhancing rider/driver’s sensitivity to danger and ensures safe driving behaviour on roads.

3.    EXISTING DRIVERS HONING RIDING SKILLS: Students & school staff members who are already existing riders tested & honed their riding skills through slow riding activities and riding on narrow planks.