Thursday, October 29, 2020

Tesco Business Services Receives 4 Awards at the ‘Impact Annual Awards Asia 2020’ organized By SSON


* Wins Silver in the Change Management Impact & Automation Impact Category

* Wins Bronze in the Best Shared Services Team & Customer Centricity Impact Category

* Receives honorary mention in the Process Improvement and Value creation Category

Tesco Business Services (TBS), the global services arm for Tesco worldwide, and one of the top 20 most admired shared services recognized by Shared Services & Outsourcing Network (SSON), has bagged 4 awards in various categories of SSON Impact Annual Awards Asia 2020. These awards include two Silvers for Change Management Impact & Automation Impact Categories, followed by two Bronze in the Best Shared Services Team & Customer Centricity Impact. Furthermore, Tesco Business Services has also received an honorary mention in the Process Improvement & Value Creation Impact Award.

Against the backdrop of the pandemic, high-performance and high-value service delivery have taken the center stage to strengthen business agility and sustainability. Therefore, SSON has emphasised driving knowledge management, leveraging augmented intelligence, and cultivating a service-oriented workforce in the changeover towards an integrated business services model. Each year, SSON recognises the achievements of Shared Services Centers and service delivery teams that demonstrate exceptional performance and exceed industry standards. This year too, SSON recognised leading brands across 8 categories – automation impact, best Shared Services, Vendor Collaboration, Customer centricity and Process Improvement & Value creation.   

Tesco’s recognition across 4 categories namely Best Shared Services Team, Best Management, Customer Centricity & Automation, harmonises with the brand’s immersive performance across segments to meet their goal of “Serving shoppers a little better every day”. The awards are benchmarked against metrics that include Automation, Attrition, HR & Talent, Payroll, Procure-to-Pay, Order-to-cash, Record-to-Report, and Travel & Expense.

Speaking at the occasion, Dr Sumit Mitra, CEO – Tesco Business Services (TBS) and Tesco Bengaluru, said, “We are delighted to be recognized by the world's largest community of shared services, outsourcing and transformation professionals in the prestigious Impact Awards Asia 2020. This year has been challenging owing to the pandemic and we at Tesco take pride in ensuring seamless customer experience and uninterrupted business operations across the globe amidst these unprecedented times as well. Tesco Business Services operations across Bengaluru, Budapest, Dundee, Welwyn Garden City, and Central Europe are integral in solving critical business problems to enhance enterprise-wide operations and enable the smooth running of Tesco. This is an extraordinary achievement and goes to show that sustained focus on the little things at a team level can result in delivery of exponential gains for our customers at an enterprise level. The recognition endorses our vision and affirm our teams' passion, capabilities and commitment to serve our shoppers a little better every day.” 

The Shared Services and Outsourcing Network (SSON) is an online source for global business services executives and business leaders who leverage technology and best practices to improve operational efficiency. It is the largest and most established community of shared services and outsourcing professionals in the world. SSON Analytics offers visual data insights that are simple, accurate, and digestible to the global shared services and outsourcing community. Thousands of global business services and outsourcing professionals use our data to understand the shared services landscape in their region through a variety of interactive data tools, analytics reports, and customized data insights.

About Tesco in Bengaluru:

Tesco in Bengaluru is a multi-disciplinary team serving our shoppers a little better every day across markets. Our goal is to create a sustainable competitive advantage for Tesco by standardizing processes, delivering cost savings, enabling agility through technology solutions, and empowering our colleagues to do even more for our customers. With cross-functional expertise, a wide network of teams, and strong governance, we reduce complexity, thereby offering high-quality services for our customers. Tesco in Bengaluru, established in 2004 to enable standardization and build centralized capabilities and competencies, makes the experience better for our millions of customers worldwide and simpler for over [400,000] colleagues. 

Syska Group Announces Versatile Actor Rajkummar Rao as Its New Brand Ambassador


SYSKA Group, India’s leading Fast Moving Electrical Goods (FMEG) company, today announced that it has roped in award winning Bollywood actor Rajkummar Rao as the new face of the brand. Rajkummar Rao will work closely with the company to promote the Syska products across LED and Fan segments. Rajkummar Rao enjoys mass appeal for his unconventional choice of movies and is one of the most versatile actors of today. He has a strong connect with urban audiences, as well as with those from Tier 2 and 3 markets, which make up the large segment of Syska’s target groups.  

After the untimely and unfortunate demise of Syska’s first ever brand ambassador Irrfan Khan, the company was on a lookout for a dynamic and well-loved brand ambassador who is as homegrown and authentic as the brand Syska. Rao, made his debut in the Indian film industry and achieved nationwide recognition for his flawless performances. Similarly, Syska, has grown manifolds to become the pioneer of LED lighting in the country, within a short period of time. The parallel between the two, found the actor the perfect fit to endorse the brand.

Commenting on the onboarding of Rajkummar Rao, Mr. Rajesh Uttamchandani, Director, Syska Group said, “We are extremely excited to have Rajkummar Rao as the new face of the Syska Group. Rajkummar is an apt choice for the brand because of his discerning choice of work and roles which reflects a sensitive, and mature actor. We believe that our journey at Syska is mirrored in his work. We are confident that our association with Rajkummar Rao will grow from strength to strength and will aid in recreating magic in the hearts of Syska’s loyal consumer base.”

Commenting on being the new face of the brand, versatile actor Rajkummar Rao said, “For me, Syska is a high quality, 100% homegrown brand. It is a pioneering company whose story is truly inspiring and which I relate to easily. Syska has created a niche category which is good for the country and has been making great strides in successfully convincing users to switch from traditional CFL to LED lights. I believe this is a very confident stance to take, and to me it conveys that you must always work hard and give your hundred percent in order to stay light years ahead of the competition. As a customer, this acts as a promise that we can always look forward to the best from Syska.”

The partnership will also see Syska Group launch a new ad campaign with Rajkummar focusing on LED and Fans, highlighting the many accolades that the brand has earned over the years. The campaign will begin shortly and will be executed strategically through leading TV channels in GEC and News genres in order to reach the masses across Metro, tier-2 and tier-3 cities. Its aggressive digital presence with publishers having high-traffic will further amplify the reach amongst the new-age customers and will only add to the momentum during the entire festival season right up to New Year.

Here are the links to the ad campaign and behind the scene video –

·         Behind the scene video -  https://youtu.be/4mner1anvdU

·        Ad Campaign video - https://youtu.be/pA66hjs67kI

                                https://youtu.be/FNScMZNqXaw

About Syska Group – Starting with Guru Nanak Marketing, a company that was involved in the distribution of T-series Audio cassettes, CDs and audio video systems for Maharashtra, SYSKA Group had only one thing to do: grow. SYSKA Group has grown exponentially over the years and has become leader in the FMEG space and a pioneer of LED lighting. Empowered by a strong vision and drive, the SYSKA Group diversified into more segments such as Personal Care Appliances, Mobile accessories, Wires and Cables, Smart Home devices and only continues to grow and dominate these markets.

Magicbricks Plots Offer 13500-Plus Authority Approved Plots Across Bengaluru


 -          Bengaluru is witnessing maximum demand for plots in India

-          7000-plus plots spread across 7 key investment corridors

-          Demand for plots in Bengaluru growing faster than that for apartments

-          Magicbricks newly launched Plots platform will help buyers taken an informed decision

Magicbricks, India’s No.1 property site, today announced that with Bengaluru witnessing the highest demand for plots in the country, its newly launched platform for Plots will offer prospective buyers a wide range of 13500-plus authority approved plots across the city, out of which 50% are along the IT hubs’ seven prominent investment corridor making them one of the most sought after residential real estate destinations.

In line with its promise to offer buyers a seamless experience, Magicbricks’ recently launched platform for Plots will provide prospective buyers a whole range of plots starting as low as Rs.194/sqft approved by different authorities like Bengaluru Metropolitan Region Development Authority (BMRDA), Bruhat Bengaluru Mahanagara Palike (BBMP), Bangalore Development Authority (BDA) and Bangalore International Airport Area Planning Authority (BIAAPA). Around 50% i.e 6600 of plot listings are owner listings, which is testimony of the trust that the brand commands in the market.  All the plots have been carefully curated for the platform by a huge team of Magicbricks’ on-ground researchers and prospective buyers will get access to credible information and latest updates that would help him/her conduct an in-depth research while making a smart decision.

Commenting on supply on the newly launched Plots platform, Mr. Sudhir Pai, CEO, Magicbricks, said: “We are witnessing a V-shape recovery in demand in Bengaluru’s real estate market and it is in fact faster than the national recovery. The demand is now 30-40% ahead of pre-Covid levels. It is encouraging to see that searches for property in Bengaluru grew by 47% in the July–September quarter after witnessing a fall of 14% during the April-June quarter amidst COVID lockdown. Significantly, we are also seeing a recovery in demand for plots and it is faster than that for apartments in Bengaluru. This demand is accentuated in the peripheral areas of Bengaluru and across the city’s seven prominent investment corridors. To meet this demand, we have carefully curated a huge range of plots that are approved by authorities and the interventions that we have created on our platform will help buyers make an informed decision.”

Around 7000-plus plots are located across the seven investment corridors - Bengaluru-Magadi Road Corridor, Bengaluru IT Corridor, Bengaluru Automotive Corridor, Bengaluru-Chennai Industrial Corridor, Bengaluru Mysore Corridor, Bengaluru-Mysore Industrial Corridor and Bengaluru Airport Corridor. Out of these seven corridors, Bengaluru Airport Corridor has the maximum supply of plots followed by Bengaluru IT Corridor and Bengaluru-Chennai Industrial Corridor. The demand drivers for the plots in these corridors include economic, infrastructural and social factors.

Magicbricks’ Plots platform presents multiple insightful sections like Popular Investment Destinations, Featured Plots, Key Insights on Plot Investment Corridor, Owner Plots, and Plot Investment Guide, that would help buyers gain in-depth knowledge on the locality where they plan to buy, besides the future growth potential. 

About Magicbricks: India's no 1 property site

Magicbricks is India’s No.1 property site. With monthly traffic exceeding 20 million visits and with an active base of over 1.4 million+ property listings, Magicbricks provides the largest platform for buyers and sellers of property to connect with each other in a clear, transparent manner. With this in mind, Magicbricks has innovated several product features, content, and research services, which have helped us build the largest audience pool.

Linde Appoints Sanjiv Lamba as the New Chief Operating Officer


Linde plc (NYSE: LIN; FWB: LIN) announced that its Board of Directors has appointed Mr. Sanjiv Lamba to serve as the company’s Chief Operating Officer effective January 1st, 2021. In this role, Mr. Lamba will be responsible for the regional operating segments of the Americas, APAC, and EMEA, as well as Linde Engineering, Lincare, and certain global functions, initiatives and businesses. Mr. Lamba will report directly to Linde’s CEO, Mr. Steve Angel, and relocate to Danbury, CT. 

Prior to being named COO, Mr. Lamba served in several roles including EVP APAC, Head of Regional Business units – South & South East Asia and various financial roles during his 31 years with Linde.  

Commenting on today’s announcement, Steve Angel said “Today’s announcement is a reflection of the confidence I and the Board have in Sanjiv’s ability to continue to drive Linde’s performance by leveraging digitalization initiatives across every aspect of our business and capitalizing on opportunities for future growth including healthcare, electronics, and clean energy. Please join me in congratulating Sanjiv on his new and important role”. 

About Linde

Linde is a leading global industrial gases and engineering company with 2019 sales of $28 billion (€25 billion). We live our mission of making our world more productive every day by providing high-quality solutions, technologies and services which are making our customers more successful and helping to sustain and protect our planet.   

The company serves a variety of end markets including chemicals & refining, food & beverage, electronics, healthcare, manufacturing and primary metals. Linde’s industrial gases are used in countless applications, from life-saving oxygen for hospitals to high-purity & specialty gases for electronics manufacturing, hydrogen for clean fuels and much more. Linde also delivers state-of-the-art gas processing solutions to support customer expansion, efficiency improvements and emissions reductions.  

BharatAgri Raises Pre-Series A Round from 021 Capital and India Quotient


Pune-based personalized agri-advisory platform, BharatAgri, has raised Pre-Series A from Binny Bansal backed 021 Capital and India Quotient. This round also saw participation from existing investors Better Capital and Ajay Prabhu (COO, Quest Global).

The company plans to use the fresh funds on product enhancement and growth, besides expanding its footprint across India.

BharatAgri was founded in April 2017 by IIT Madras alumni, Siddharth Dialani and Sai Gole and later joined by core team members Aman Verma and Tanmay Krishna in 2019. BharatAgri’s technology solution provides personalized agriculture and farming advisory to farmers. Using BharatAgri’s Krishi Doctor, an intelligent farm advisor, farmers have witnessed over 40% increase in yield and significant reduction in management costs.

Siddharth Dialani, CEO and Co-founder, BharatAgri, said, "BharatAgri is the only player that has monetized digital advisory at scale. During the pandemic alone BharatAgri sold 13,000+ premium subscriptions. Our unique advisory algorithm assists the users in increasing their yield and reducing their cost. With our unique proposition for farmers, BharatAgri has evolved into a platform for crop-input companies and financial institutions to market their products to BharatAgri premium farmers. With the fresh infusion of funds, BharatAgri aims to reach 5 million farmers and provide them with meaningful solutions.”

Sailesh Tulshan, Founder, 021 Capital said, “We are excited to partner with BharatAgri and believe that they can make a large-scale impact in the agri sector and in the lives of farmers in India. Through personalised solutions offered by BharatAgri, farmers are able to improve their farm yield and quality of produce. The farm-to-market platform also helps farmers realise better value for their produce and makes financial services easily accessible to them. In a span of one year, BharatAgri’s personalized agri-platform has witnessed 10X growth. They have been able to help tens of thousands of farmers during these challenging times and equip them with real-time solutions.”

“Agriculture is transforming using technology. The increasing penetration of smartphones coupled with reliable internet are empowering farmers in ways unimaginable five years back. Riding the wave of this tech adoption, BharatAgri is building a platform of trust for farmers and agri business partners both on the agri input and procurement side. We have been positively surprised by the quick manoeuvre of the BhartAgri team and farmers participating on the platform in these Covid times,” said, Madhukar Sinha, Partner India Quotient. 

With over 350,000+ users, BharatAgri offers paid subscriptions to farmers for personalized consultancy and an exclusive access to their premium platform.

This platform which is an ecosystem of service providers works with leading rural brands to help them reach BharatAgri’s premium users.

BharatAgri’s digital paid user base is growing at 40% month on month. The restriction on physical movement in the past six months has boosted online advisory consumption significantly.  BharatAgri has strived to provide superior solutions to farmers during the ongoing pandemic. Special campaigns like ‘Harvest Campaigns’ were arranged during the nationwide lockdown to provide assistance to farmers and sell their perishable and non-perishable produce.

About BharatAgri

Launched in 2017, BharatAgri is a farming technology platform that offers personalised assistance to farmers. With a mission to empower every farmer and digitise every farm, BharatAgri aims to bridge the gap between technology and agriculture in India. By offering features like weather-based dynamic advisory and season-long predictive calendar for farm activities, BharatAgri is working on effectively addressing all farming problems to emerge as the one-stop solution provider for farmers.

HSIL Invests ₹100 Crores To Expand Operations Capacity of the Plastic Pipes and Fillings Plant


HSIL, makers of the iconic brand Hindware announced an investment of ₹100 crores in their plastic pipes and fittings solution business to increase the production capacity at the Sangareddy, Telangana plant. Through the investment, the Company aims to augment the production from current 30,000 tonnes to 48,000 tonnes by September 30, 2022.

Despite the ongoing pandemic, there has been a significant increase in the demand of CPVC and UPVC pipes and fittings. The strategic investment will help the company cater to the requirements from the customer base, optimize the lead-time, and consistently meet the future demands from various markets.

Mr. Sandip Somany, Vice Chairman and Managing Director, HSIL Limited said, “Since the inception of our plastic pipes and fittings company, we have done exceedingly well and in a short duration have emerged as one of the leading players in this segment. The increased production capacity will support the Company’s aggressive expansion plans and address the growing production requirements. The investment of ₹100 crores is a strategic decision to make our production facility more robust and manage the demands in the new normal. The expansion is a testament to our commitment to the customers and our vision for the future.”

The solutions comprises Chlorinated Polyvinl Chloride (CPVC), Unplasticised PVC (UPVC), Soil-Waste-Rain (SWR) pipes and PVC pipes for potable water. The wide range plumbing solutions are used in the transportation of portable water, waste disposal, borewells, irrigation and sprinkler systems. The company has an agreement with the ~US$18 billion Japanese conglomerate Sekisui Chemical Co. Ltd. for the supply of NSF-certified CPVC compound, Durastream, to provide quality piping solutions to cater to varied market requirements. The products are manufactured in line with the Indian Standards Institution and other international standards.

The plant received the Indian Green Building Council (IGBC) platinum rating for the entire manufacturing process in FY 2019-20; is the 8th plant in India to receive this coveted certification and is the first platinum-rated green plant in this sector. The company’s commitment to environmental conservation continues to be an integral part of their business strategy.

About HSIL : The company was founded in 1960 as Hindusthan Twyfords Limited, in technical collaboration with Twyfords, United Kingdom to establish the first vitreous china sanitaryware manufacturing company in India. Today, the company houses the Building Products and Packaging Products Division. The Building Products division primarily comprises the manufacturing of sanitaryware, faucets and plastic pipes and fittings whereas the manufacturing and marketing of various packaging products, including glass containers and Polyethylene Terephthalate (PET) bottles and products and security caps and closures is under the Packaging Products Division.

A New Snap Report Shows COVID-19 Is Deeping Our Relationship with Best Friends, While Distancing Us from Others In India


Snap Inc. today released its second global Friendship study, interviewing 30,000 people across sixteen countries, to explore how the COVID-19 pandemic and global issues have impacted friendship. Seventeen experts on friendship from around the world contributed to the report. 

Covid has further accelerated the importance of digital connections in India with nearly 91% saying that they have helped friends maintain their relationship, regardless of age. This is much higher as compared to the global average. 

Snap spokesperson Durgesh Kaushik, Head of Market Development India at Snap Inc. said: "As friends around the world navigate the new normal of social distancing, this year's Friendship Report shows us that during the COVID-19 pandemic visual communication has become more important than ever.Talking in pictures and videos layered with creative tools like our augmented reality Lenses, Filters, and personal avatars Bitmoji, help Snapchatters express themselves and interact visually. They serve as an essential connector when meeting face to face is not an option and at this difficult time have enabled Snapchatters to feel closer to their best friends even as non-Snapchatters feel more distant. We hope that new features like our Friendship Time Capsule will continue to help Snapchatters stay close with their best friends and support one another.”

The Friendship Report sheds new light on how COVID is affecting friendship and what other major events in life also have an impact, including:

●        COVID has brought some friends closer together, but also made some of us feel lonely.

●        COVID has also led to deeper and meaningful conversations

●        COVID has seen people reconnect with lost friends

●        Indians rate ‘trustworthy’ and ‘honesty’ as the top qualities that they look for in a friend

●        Friends are our first line of defence against loneliness, and we generally make our best friends in childhood; on average we have known our closest friends for at least half of our lives.  

●        Most of us have lost touch with a close friend from childhood, with the majority wanting to rediscover that close connection.

●        While most of us are keeping connected better through digital communication channels, we still need to develop our friendship skills to help us learn how to maintain friendships over distance and get back in touch if we do lose contact

●        Dr. Rhea Gandhi, Counsellor and Psychotherapist in India and 16 other experts from around the world have provided advice and tips on how to do this

●        Snap has also created a new Friendship Time Capsule to help Snapchatters celebrate their friendships.

The impact of COVID-19 in India

Six months after much of the world has put in place social distancing restrictions, friends are having to find new ways to stay connected, and the long term effects are only just starting to become clear. Rhea Gandhi, Psychotherapist specializing in interpersonal dialogue, says “While the lockdown gave us a chance to spend time with our families, it took away the opportunity to meet our friends in person. Friendship serves a need for freedom and unsurprisingly, we have started to value our connections with friends a lot more at a time when opportunities to meet them regularly have reduced.”

Nearly four out of five of friends say they relied on digital communication to stay connected through the lockdown in India (87%). For many, those conversations have been deeper, rather than focusing on surface-level topics (76%)It appears digital communications are key to staying in touch when we’re apart, with a vast majority.

Even though there’s been an uptick in outreach to friends, COVID-19 has also led to loneliness for some. Half of those we surveyed said they’ve felt lonely since the pandemic started (51%) which is 13%  higher than pre-COVID-19.

For many of the people (69%) being unable to see their friends has made them feel lonelier, with almost two-thirds of them feeling friends are not reaching out to them as much as they would like (59%). In fact, half of the people (50%) felt that social distancing has weakened their relationships with friends.

In total, a third of people we surveyed said that COVID-19 has affected their friendships (44%). With just close to one-third saying that it has led to them not feeling as close to their friends (33%), while over two-thirds say they have grown closer to their friends (67%). And nearly two-thirds of those surveyed agreed with the statement that they felt more disconnected from friends because they couldn’t spend time in-person (62%) .

The upside is that, with the pandemic causing so much isolation, people genuinely want to reach out and check in on those they care about.

More than half of the people (54%) say their friendships are more important to them now and nearly three-quarters of us are making an intentional choice to reach out to friends that they haven’t spoken to in a while (74%).

The one that got away and reconnection in India

Last year, Snap’s Friendship Report found that friendships, especially those from childhood, have a huge impact on happiness and wellbeing. So, it was surprising to see this year that 79% of us globally have lost touch with a close friend but heartening that 66% say they would like to rekindle their relationship. In India, those numbers are higher, at 88% and 72% respectively.

And we would generally respond positively to one of our best friends re-establishing contact, with the most prominent emotions being excited (50%)or delighted (37%), whereas a minority would feel guilty (12%) , or suspicious (15%).

How do we find our way back to close friends? Nearly 9 out of 10 people agree that digital communication helps people reconnect with lost friends (89%), with more than two thirds preferring to apologize to a friend online (66%) than in real life. However, more than a third wouldn't know how to use digital communication to reconnect (38%).The number one thing people would like to send to their friends, would be a photo of them together (47%) , with the number two being a photo that reminded them of a shared memory (44%) . Humour also ranks highly, with a third thinking that sending a funny meme (40%) would be the best way to start a conversation. 

There are many reasons why friends lose touch with distance being the leading cause (67%), followed by unresolved conflict  (56%).

Rhea Gandhi says, “When anger is expressed well, you’re able to put it aside. The repair process becomes the discussion. When you are both accepting anger as part of communication, allowing that communication to happen is enough to cool down and be ok afterwards.”

In direct response to these findings, Snap has launched the Friendship Time Capsule, a collaborative photo collage allowing Snapchatters to create a new shared memory between themselves and a friend. The snappable invites users to take a selfie and then send it to a friend who does the same. It then uses Snap’s machine learning to put the friends together and age them up through a series of scenarios in the future. This tool aims to help Snapchatters show they care for friends when they can’t be together, or to act as an aid in getting back in touch with a close friend.

How to be a better friend

There are plenty of resources for people struggling with relationships like family or marriage, but friendship hasn’t received the same treatment. This has left many without the tools or confidence they need to develop and navigate the ups and downs of friendships. 

British lecturer Gillian Sandstrom, who studies social psychology, talks about the “liking gap,” where we are prone to think people like us less than they actually do. This bias breeds insecurity about engaging in conversations. We fear awkward pauses and failed connections so much that foregoing the opportunity to start a friendship or deepen a relationship can be the safer choice. People are more likely to like you than you think, so go ahead and be brave.

Listening, staying present, and accepting responsibility are key friendship skills. Honing these skills can take a little work, but with some lessons and practice, our experts agree we can improve our friendships. 

In India friendships are more informal and serve a need for freedom. Most Indian families still follow a traditional framework following a set of restrictions but the younger generation isn’t afraid to express their authentic selves. They view friendships as means of unconditional support and acceptance.

Last year Snap set out to understand the nature of friendships across the globe - explore the attitudes, values and perceptions that shape friendship across cultures and generations. Indians topped the charts with the most number of BFFs  as compared to the other markets.

About the Report

The Friendship Report, commissioned in partnership with Alter Agents, polled 30,000 nationally representative people ages 13 to 44 in Australia, France, Germany, India, Indonesia, Italy, Japan, Malaysia, Mexico, Netherlands, Norway, Kingdom of Saudi Arabia, Spain, United Arab Emirates, UK and US. 

About Snap Inc.

Snap Inc. is a camera company. We believe that reinventing the camera represents our greatest opportunity to improve the way people live and communicate. We contribute to human progress by empowering people to express themselves, live in the moment, learn about the world, and have fun together.

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