Tuesday, July 12, 2016

Oberoi Hotels & Resorts Voted World’s Best Hotel Brand for Second Consecutive Year



Oberoi Hotels and Resorts has been voted World’s Best Hotel Brand by Travel + Leisure, World’s Best Awards, 2016 for the second consecutive year.

These rankings are the result of a Readers’ Poll conducted by the magazine.  Travel + Leisure’s World’s Best Awards are amongst the most prestigious in the travel industry as it is the readers who define excellence in hospitality and travel. Readers rate their experiences and evaluate hotels across the world on the following parameters – rooms and facilities, location, service, restaurants, food and value.

P.R.S. Oberoi, Executive Chairman, The Oberoi Group said, “I am very proud that Oberoi Hotels & Resorts have been voted the World’s Best Hotel Brand for the second consecutive year. The awards are an affirmation of The Oberoi Group’s unwavering commitment towards offering guests world-class facilities and unparalleled service. I dedicate the award to our people who are our biggest asset and who have worked passionately to ensure our guests receive warm, personalised and caring service”.

Nathan Lump, Editor at Travel + Leisure said, “It’s a pretty tough thing to be named the best hotel brand for the second consecutive year, but Oberoi Hotels and Resorts have made it to the top spot once again. Thanks not only to the properties of exceptional quality in picture-perfect locations, but also due to service standard that Travel + Leisure readers say go above and beyond."

Saturday, July 9, 2016

Honeywell Awards Recognize Buildings that Excel in Energy Efficiency, Safety, Security and Productivity



Honeywell has announced the second edition of the Honeywell Smart Building Awards in India, calling for entries from across the country. Honeywell has partnered with the Network 18 Group (media partner) and KPMG (process validators and evaluators) to launch the Network 18 & Honeywell Smart Building Awards 2016.

Participation in the competition is open to all building owners and facility managers across India who agree to be evaluated under the parameters of the Honeywell Smart Building Score, a global building assessment framework. Participants will take a self-assessment of 15 technology asset groups that make a building green, safe, and productive, based on their building systems’ overall capability, coverage of the facility and uptime.

The scores will be validated by KPMG and affirmed by an eminent jury composed of India’s leading authorities on energy efficiency, safety, security, and productivity in buildings.

“We are glad that the concept of smart building technologies is evolving and is being adopted across commercial and residential spaces. With Honeywell’s shared vision with the Government of India’s 100 Smart Cities initiative, Honeywell Smart Building Score and Honeywell Smart Building Awards strive to deliver measurable results and to give recognition to the  buildings that drive green, safe, and productive outcomes,” said Anant Maheshwari, president, Honeywell India.

Honeywell successfully launched the Honeywell Smart Building Score in India in June 2015, a first-of-its-kind global tool to measure a building’s smartness. The tool was subsequently launched in six countries across the United States, China and the Middle East. Among the tool’s measures:
·         The Green asset group measures the environmentally sustainable components of a building. It  includes a building’s use of energy sources, utility sources, temperature control, energy control, and utility control, all of which impact carbon emissions, a facility’s environmental footprint, and utility costs for the building occupant or user.
·         The Safe asset group measures the safeguards for the building, its occupants, users and owners. It includes people, vehicle and material security, fire safety, gas safety, worker safety, and disaster response systems.
·         The Productive asset group measures enhanced comfort and productivity for users and owners. It includes technologies that help boost productivity include indoor air and water quality sensors, people, vehicle and material circulation, personalization, connectivity, and energy quality. 

Honeywell is uniquely positioned with the broadest technology solutions portfolio that serve buildings to support India’s 100 Smart Cities vision, and is already working on several significant projects, including Bhubaneshwar in Odisha, Aurangabad in Maharashtra, Ujjain in Madhya Pradesh, and an 11-city project in a large central state.

Toyota Kirloskar Motor Steps In to Curtail Carbon Footprint in the City; Reforestation Drive at the Bannerghatta National Park


Toyota Kirloskar Motor, in pursuance of its strong commitment towards ensuring balance in environment, organized a reforestation drive at the Bannerghatta National Park. Toyota gives top priority to environment management and is working to reduce greenhouse gas emissions at all stages of vehicle life cycle, including development, design, production, logistics and sales as well as in all business areas.

The event witnessed participation from 600 TKM employees with their family, along with 150 students from Delhi Public School, Bangalore South, and 100 members from the Karnataka Forest Department. About 500 saplings were planted by the members who participated in the noble cause to spread awareness on conservation of native ecosystem and contribute towards reducing the carbon footprint. A fully grown tree can roughly sequester 20kg of CO2 per year and generates about 118 kgs of oxygen per year. Human being  uses about 550 litres of pure oxygen per day. A single mature tree can release enough oxygen to support 2 human beings.  Planting trees and restoring the green is one of the most effective means to reduce carbon emissions. Sunil Panwar, Deputy Conservator of Forests, Karnataka Forest Department, Bannerghatta National Park, Raju B Ketkale, Senior Vice President, Toyota Kirloskar Motor and Manju Sharma, Principal Delhi Public School, Bangalore South, were the dignitaries present at the afforestation drive.

Toyota Kirloskar Motor initiated a large scale afforestation drive in the year 2009 by planting 36000 saplings in a single day involving all its stakeholders to develop a greenbelt within its boundaries. TKM has planted around 2,65,000 saplings involving team members with the unique Japanese Miyawaki method. The plant at Bidadi has been designed in line with the Eco factory concept at Toyota.  The company has undertaken unique environment friendly initiatives in the manufacturing facility like water based painting to reduce VOC emissions, low CO2 footprint technologies like Servo machines, vermi-composting for waste minimization, biogas plant to reduce LPG usage and rain water harvesting to reduce fresh water consumption.  The water recycling & rainwater harvesting efforts at TKM manufacturing unit ensure least dependence on Freshwater/River water ensuring sustainable community.  The rainwater harvesting structure with a storage capacity of 25000 m3 was constructed, which has helped in saving consumption of 60000 m3 of freshwater last year.  Moreover, through consistent efforts TKM has achieved a reduction of 8000 tons of CO2 compared to last year.

Toyota has decided to challenge itself to reduce vehicle CO₂ emissions to ZERO in comparison with 2010 levels, by 2050. From fuel efficient vehicle to developing ground breaking technology, TKM focuses on environmentally sustainable solutions in every business operation and every vehicle that is manufactured. Toyota also works towards increasing Hybrid vehicles in India. Hybrid technology is one of the finest examples of green future which minimizes the usage of existing exhaustible resources. The company boasts of a rich lineage of over 15 years in hybrid with over 8 million hybrid cars across the globe.

According to a recent analysis done by the Centre for Ecological Studies at the Indian Institute of Science, in the last 40 years Bangalore has seen a phenomenal increase of 625% in built up area and the vegetation of the city has seen a decline of an alarming 78%.  The rapid urbanization has led to the alarming depletion of green cover in the city which as has resulted in human-wildlife conflict and dangerous levels of toxic matter in the atmosphere.

Raju B Ketkale, Senior Vice President, Toyota Kirloskar Motor said “Environment Conservation is inherent in the Toyota culture. We have been constantly investing our efforts to establish a society where human and nature coexist in harmony. With the rise in global warming and the impending environmental pollution increasing day by day, it is not just imperative to create necessary awareness, at the same time, one needs to action out measures like these, along with the involvement of the community. He also went on to stress the importance of conservation of biodiversity stating that “during the evolution of earth, species like plants, insects, animals inhabited the earth much before the humans did. We humans have only evolved at a much later stage however, we have been responsible for destruction of most of the life forms for our selfish needs.” In addition to creating awareness, we also involve our employees physically in afforestation drives, environment month promotion and other Eco CSR activities with an intent to bring a sense of ownership towards the environment”

Speaking on the occasion Sunil Panwar, Deputy Conservator of Forests, stressed on the importance of reforestation to avoid human animal conflicts which is prevalent currently around the sprawling Bannerghatta forest reserve. He went on to say “As human populations expand and natural habitats shrink, people and animals are increasingly coming into conflict over living space and food”. Further he said “People lose their crops, livestock, property, and sometimes their lives. The animals, many of which are already threatened or endangered, are often killed in retaliation or to 'prevent' future conflicts”. He emphasized that public must join hands with the forest department to save and preserve the biodiversity that we are left with”

Two New Versions of Mobile Kingston Wireless Now in India


Kingston has announced two additions to its Wireless family with MobileLite Wireless G3 and MobileLite Wireless Pro. MobileLite Wireless G3 provides mobile device users an extra boost when on the go. With its large 5400 mAh battery fully charged, MLWG3 can charge smartphones up to two times. Charging devices is also faster with 2A output charging maximum.
Similar to previous generations, MLWG3 has a USB port and SD card slot allowing users to access files on a USB Flash drive or SD card on their smartphone or tablet wirelessly. Through the MobileLite app, users can easily transfer, backup or share photos, videos and other content without having to use a PC. This also allows users to free up precious space on mobile devices without deleting or using Cloud based backups. Both devices are Dual Band Wi-Fi capable (802.11 ac) for fast data transfer.
MobileLite Wireless Pro has all of the same features as MLWG3 but also offers 64GB of memory built-in to go along with its even larger 6700 mAh battery. In addition to charging mobile devices and wirelessly streaming data, users now have convenient access to extra onboard storage.
“MobileLite Wireless G3 and Pro are great for iOS and Android mobile device users on the go,” said Nathan Su, Flash Memory Sales Director, APAC Region, Kingston. “We’ve increased the battery capacity for charging and introduced a new Pro version with on-board memory for even more convenient access to extra storage. Users no longer have to worry about having enough battery life or storage on their smartphones and tablets.”
MobileLite Wireless G3, with an MRP of Rs. 4,999, and MobileLite Wireless Pro, with an MRP of Rs. 8,999, is now available in leading online and retail stores. Both these devices are backed by a two-year warranty and legendary Kingston reliability. 

Two Smart Phones from Galaxy J Series with TST Hit the Indian Market



World's leading smartphone-maker Samsung has unveiled two mobile phones Galaxy J2 (2016) and Galaxy J Max in Bengaluru on Friday aimed at the mass market. Infact, the Samsung developed TS technology has been implemented for the first time in the J2 series.

Samsung, which enjoys 51% market share in Karnataka, on Friday launched two new additions to its Galaxy J series of smartphones - J2 2016 and J Max.

Launching the two phones, Samsung India Vice President (Mobile Business) Manu Sharma said that the industry-first Turbo Speed Technology (TST) in J2 2016, is home-grown in its Research labs in India, and is first being introduced in the Indian market. Galaxy J2 2016 is a follow-up version of the Galaxy J2 launched in 2015.

"This new smartphone has been reengineered, redesigned and reloaded with various features including Smart Glow, a next-gen colour LED notification system for users," he said, adding that there is almost 40% faster download of apps in this new phone. Another addition - Galaxy J Max - offers a seven-inch WXGA display, along with 4G VoLTE connectivity for fast downloads and streaming. It contains a 4,000 mAh battery.

Both these phones feature S bike mode, a dedicated bike mode's urgent call alert system that notifies callers through an automated answering machine and Ultra Dating Saving mode.

While the Galaxy J2 2016 will be available from July 10 onwards at Rs 9,750; Galaxy J Max, priced at Rs 13,400, will be available from the end of this month across both online and offline retail channels.

Talking about 4G, Sharma said that consumers prefer and enquire about 4G phones. Almost 60% of all segments of smartphones were 4G-enabled," he said and Samsung enjoys 48.3% market share in the country.

What is Turbo Speed Technology?

An industry first, Turbo Speed Technology (TST) enhances the performance of the smartphone by using the least amount of resources to complete a particular task in the fastest time. It loads apps up to 40% faster than devices with double the RAM. 

The Samsung technology was developed in India by engineers based out of Bengaluru and Noida research centres and have made a quantum leap in optimizing the operating system and hardware to provide consistent best-in-class performance out of the box and over time.

TST. Is feature proactively shuts down idle processes running in the background. It de-clutters RAM using its intelligent memory system to ensure resources like RAM and processor are free and ready to take on new tasks, said a company official.

Thursday, July 7, 2016

L&T Infotech to Enter Primary Markets on July 11 to July 13, 2016; Ten Percent Discount for Retail Investors


Larson and Turbo Infotech, which is the sixth largest Indian IT services company, will hit the primary market on July 11, 2016 and will close on July 13, 2016. A discount of 10 percent per share will be offered to retail individual bidders on the offer price. Sources indicate that this is the first major IT player to roll out its IPO in the last 10 years. 

The Initial Public Offer (IPO) will offer of up to 17,500,000 equity shares of face value of Re 1 each for cash at a price-band from Rs 705 to Rs 710 per equity share.

"LnT Infotech will not enjoy the proceeds of the issue as this will be an offer for sale, and the sale amount will go to LnT," said top company officials.

The lead bankers for the IPO are Citigroup Global Markets India, Kotak Mahindra Capital Ltd and ICICI Securities Limited. 

S N Subrahmanyan, President and Deputy Managing Director, LnT, said the company is working with 248 clients including 49 Fortune 500 clients. Close to 47% of its revenues comes from the BFSI (Banking, Financial Services and Insurance) sector.

Sanjay Jalona, CEO and MD of LnT Infotech, said they do not see any impact of Brexit. "It could be an opportunity for IT companies. Around 17% of our revenues come from Europe," he said.

Ashok Sonthalia, CFO of LnT Infotech, said the employee headcount increased from 17,627 in FY14, to 20,072 in FY16, and that its PAT CAGR is 18.2% (2014-16). The executives pointed out the huge market opportunity ahead for the company.  

Hyundai Motors to Launch Top-End Tucson & Genesis Vehicles in India



By Manu Sharma

Lately, India has been seeing a steady growth in the sports utility vehicles (SUVs) across the country. Hyundai Motors India Ltd, a leading global South Korean car maker post the launch of the 1st Anniversary Edition of the Creta in Bengaluru on Thursday said that company will be launching Tucson in October or November 2016 followed by the Iconic Genesis later on. 

During the first six months of the calendar year, Hyundai’s mid-segment and executive segment growth fell by 25-35% across the industry, while the SUV market picked up.
Currently in its third generation, the Tucson has been undergoing testing on the Indian roads and the SUV will be positioned between Creta and the Santa Fe SUVs in Hyundai's portfolio. 

Addressing the media, Y.K. Koo, Managing Director and CEO, Hyundai Motors India says, “We are very bullish of the SUVs segment in the country and to bridge the gap between Creta and the Santa Fe shall be launching Tucson during October/November 2016. Currently the prototype of Tucson is being tested on various factors including the load and weather conditions in India.”

As Creta is contributing significantly to our business, it's time to shift some of our focus from the mid and executive segments to the SUV segment," adds Koo.

Infact, over the last one year, Hyundai's compact SUV sensation Creta created a sensation in the Indian car market. The Tucson SUV will also manufactured out of the company's unit in Chennai giving a boost to PM Modi's 'Make in India' initiative. 

The new Tucson will have Hyundai’s large, new hexagonal grille up front, elongated headlamps that stretch all the way from the grille to the fenders, and heavily stylised fog lamp enclosures that contain two individual lighting elements.

The SUV in India is expected to be powered by a 2.0-litre diesel engine producing 180bhp and 400Nm of torque mated to six-speed manual transmission. The AWD version of Tucson is also expected to be introduced in the Indian market.

Reports indicate that the first generation of the Tucson was sold in India during 2005-2010, but it was discontinued due to poor sales. The new Tucson is likely to be priced between Rs. 15 lakh and Rs. 20 lakh.

HMIL Propose to launch Genesis In India
Hyundai Motor India Ltd. (HMIL) CEO, Young Key Koo announced that the luxury Genesis brand will be launched in the country over the next few years provided HMIL succeeds in the mid- and premium-segments by then.

The South Korean car-maker is set to compete with the likes of the Mercedes-Benz E-Class, BMW 5 Series, Audi A6 and the Jaguar XF. 

Internationally, the Genesis is available with two engines. A 3.8-litre V6 that makes 311bhp and a more powerful 5.0-litre V8 that produces a hefty 420bhp. Both engines are mated to an eight-speed automatic gearbox that sends power to the rear wheels. However, the 3.8-litre variant also comes with an optional all-wheel-drive system.

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