Friday, April 28, 2017

Anil Rai Gupta CMD of Havells India Conferred "Emerging Business Leader" Award 2017 by AIMA



Anil Rai Gupta, Chairman and Managing Director of Havells India Limited was conferred the prestigious ‘Emerging Business Leader’ award at The AIMA (All India Management Association) Managing India awards 2017. The award was presented at a glittering ceremony at Hotel Taj Palace, New Delhi.
Commenting on the Award, Gupta said, “I am delighted and honoured that I have been conferred this prestigious award by AIMA, which is a recognition of our continued effort to provide wide range of unmatched and superior quality products to customers across the world while raising benchmark year after year. The award is also an acknowledgement of the spirit of our entrepreneurship as we remain young, energetic and firmly focused on research, innovation and development with an unflinching commitment to Make in India. We will continue to create value for our stakeholders, make meaningful contribution to the communities we serve and develop new products as part of our endeavour to address the changing preferences of our customers across the globe”.
He further added, “ I would also like to advice the budding entrepreneurs to open their vistas, have a clear vision and take risk because success comes to those who are willing to try and risk and fail and stand up to do it all over again”.
A neutral jury chaired by Sanjiv Goenka, Chairman, RP-Sanjiv Goenka Group selected the awardees under different categories. Suresh Prabhu, Minister for Railways, Government of India was the Chief Guest, and Babul Supriyo, Minister of State for Heavy Industries and Public Enterprises, Government of India was the Guest of Honour who handed over the awards to the awardees.
The AIMA Managing India Awards was established with an aim to recognize the achievers who have made a fundamental difference, creating an edge above peers for others to emulate.  Since its inception in 2010, these Awards have been conferred on leading icons from the Indian industry, media, sport and entertainment. Every year, to recognize excellence in Management, Entrepreneurship and Leadership, AIMA confers Awards.

Syntech Technology Ltd Renamed as Gionee India

Syntech Technology Pvt. Ltd., the Indian partner to Gionee’s overseas arm, has announced its official corporate name change to Gionee India, for increased synergy between the corporate and the brand name. Gionee India will henceforth be manufacturing and marketing Gionee smartphones in India. Apart from the name, there will be no changes in the overall corporate and financial structure which was being followed by the erstwhile Syntech Technology Pvt. Ltd.

Arvind R Vohra, CEO and Managing Director, Gionee India, says, “Gionee today is amongst the most prominent smartphones brands in India, with over 1.25 crore loyal customers. Therefore, transitioning to Gionee India was the most apt decision for us, and reinforces our ever increasing commitment to the Indian market. As Gionee India, we plan to double our sales this year to reach the 10,000 crore mark, and garner 10 per cent market share in the smartphone segment in India.”

Gionee has been present in India since 2012, and was one of the earliest Chinese players in the market. Gionee prides itself in launching smartphones that are intuitive, future ready, stylish, durable and stress free. Today, Gionee India is a $1.42 billion firm with over 1.25 crore happy customers. Gionee is credited with bringing in the world’s slimmest phone, the biggest battery phone, the best android camera and many more to India.

Mahindra AMC Launches Two New Open-Ended Equity Schemes





Mahindra Asset Management Company (MAMCPL) has announced the launch of its two open-ended schemes 'Mahindra Mutual Fund Bal Vikas Yojana' an open ended balanced scheme and 'Mahindra Mutual Fund Badhat Yojana' an open ended equity scheme. 

The new fund offer opened from April 20, 2017 and will close on May 4, 2017. Thereafter, the scheme(s) will reopen for continuous sale and repurchase from May 18, 2017. 


Mahindra Mutual Fund Bal Vikas Yojana, an open ended balanced scheme, seeks to generate capital appreciation and income generation over medium to long term through investment in equity and equity related instruments as well as debt and money market instruments. 

Investments in this fund can be made only in the name of the minor child and contributions in the investment account could be made by all family members and friends. The fund offers optional lock-in investment till the child turns 18 years old, said a company official. 

The second scheme Mahindra Mutual Fund Badhat Yojana - an open ended equity scheme - is best suited for investors who are keen to get medium to long-term capital appreciation through investment predominantly in equity and equity related securities including derivatives, he said. 

Ashutosh Bishnoi, CEO and Managing Director, MAMCPL, said, "Every household in India has a culture of saving instilled in them. We want to leverage on this culture and explain the investment opportunities through our offerings for every customer profile. In a family, securing a child's future, safety and wealth creation are top priorities. Therefore goal-based financial planning through our products helps in systematic investments to create a secure future.

Wednesday, April 26, 2017

What is the Power Grid?

Read all about the US Power Grid... 

Turning on a small reading lamp by your bed is as easy as flipping a switch. But, the electricity that powers your tiny light starts miles and miles away and takes a fantastic journey through high voltage power lines, transformers and regulators before reaching your home.
All energy in the U.S. is powered and regulated through the National Power Grid. This grid controls the flow of energy between power plants, businesses and homes. As the demand for energy increases, the grid operators must constantly keep up. If they fail to meet the demand, or if any plants or power lines go down, then everyone risks the dreaded blackout.
If energy is that difficult to balance, what keeps it flowing on hot summer day and frigid winters when usage spikes? The following animation explains how the grid works to power not only your house, but every house on the block, in your city, town, state and beyond at all times of the day.
To read more…click on the link below

Mattel Toys’s Brands Eyes Double Digit Growth in India, Strengthens E-commerce Presence

With an astute vision to lead the toy industry in India,Mattel Toys, the world’s largest toy-maker, has charted a more robust and aggressive retail strategy. In a move to strengthen its retail presence and deepen market penetration, effectively targeting millennial parents, Mattel has formed strategic alliances with India’s leading e-commerce platforms – Amazon and Flipkart, to exclusive stores for its iconic brands Barbie, Hot Wheels and Fisher Price.

Mattel’s focus in India for the financial year is to expand and reinforce its retail presence including creating multiple solutions with e-commerce partners; where the industry projects over 50%  growth. The expansion on ecommerce is in line with Mattel’s strategy to enhance accessibility of Mattel’s products and provide greater value for money to consumers. With this move combined with ring-fencing traditional trade, Mattel expects to expand their market reach by over 20% within Metro, Tier I and Tier II towns.

According to the Euromonitor data, Mumbai, Delhi and Bengaluru are top markets for Mattel, followed by Hyderabad, Chennai and Kolkata. The focus on strengthening e-commerce will ensure expansion to other urban clusters across the country as well.

Said Ishmeet Singh, Country Manager- India, Mattel Inc. “The Indian market is ever evolving and the increasing spending power coupled with the convenience of e-commerce has fueled our decision to create exclusive stores on leading platforms. We believe that each toy comes with an intrinsic value that adds to the overall development of a child. Our goal is to provide the best nurturing experience for kids everywhere and these exclusive stores will offer the best products for customers across the country.”

The exclusive stores for Barbie, Hot Wheels and Fisher Price will showcase the entire product range across price points, age groups and categories. The Barbie stores boast of a robust line of dolls, playsets, doll houses, apparel and other licensed merchandise. The Hot Wheels stores will showcase the wide range of die-cast cars and track sets, as well as other merchandise. The Fisher Price store will house a wide range of toys for new-borns and toddlers as well as building blocks from the Mega Bloks range and toys from the line of Thomas and Friends; baby gear like portable cots, strollers, feeding bottles and other developmental products like convertible gyms and learning tablets.

Mattel Toys has focused its efforts around the core philosophy of ‘Play with purpose’ – where each toy developed by the global leader has an intrinsic benefit linked to it. The vision for Mattel toys will continue to evolve and grow as a brand that is a trusted partner for a parent and an integral aspect of every childhood.

Atos Uses Big Data to Drive Next-Generation Farming in India

Atos, a leader in digital transformation, announces a worldwide first solution which captures agricultural data directly via satellite to optimize farming practices. Together with start-up TerraNIS, Atos is using its business analytics solution Atos Codex to convert data into valuable information for the agriculture sector.
Growing consumer expectations (demand for new products and practices, traceability and food security), regulatory requirements and environmental regulations, and the rising cost of raw materials (seeds, fertilizers, pesticides, water) all put pressure on the agricultural sector.
Crop genotyping has now become a priority to support the selection of crop varieties that will be best capable of solving future food and climate crises.
As leader of the SparkInData consortium, Atos uses the power of its Atos Codex analytics platform to capture data via satellite which has biophysical indicators to help farmers best optimise farming practices – such as best crop choice, appropriate crop nutrition and the right fertilisation and harvesting periods.
A revolution in business and technology
Extracting information that is useful to farmers from raw satellite imagery requires an immense amount of computing power in order to manage and process the large amounts of data. It also requires a great deal of business expertise to give practical meaning to the images.
Capturing and optimising agriculture data has many immediate and long-term benefits:
§  Optimization of raw material management to achieve substantial cost savings of around 15%;
§  Elevated qualitative results - agricultural yields and production quality become sustainable and reliable;
§  Deepened knowledge of operations, year-on-year evaluation of impact of different farming practices helps farmers to continue to progress in their profession.
Case Study: European satellites for a major American customer
Atos is using the latest generation of satellites, Sentinel-2 Earth observation, developed by the European Space Agency (ESA), which is capable of providing views using visible and near infrared light with a resolution of 10m to 60m, a perimeter of 290km and a revisit frequency of five days, which is ideal for monitoring crops.
For one of its biggest clients in the U.S. Atos is monitoring more than 100,000 hectares of crops and 6,000 plots of land (including wheat, corn, soy and vegetables) to provide biophysical indicators of plant development, such as the level of chlorophyll and the proportion of green foliage. This monitoring can detect any anomalies or discrepancies within and between plots of land. By connecting this information with data from the field, thanks to Atos Codex business analytics solutions, experts can then provide diagnostics and suggest adjustments to farming practices.
Philippe Miltin, Global SVP Manufacturing & Retail at Atos: “With the power and flexibility of new analytical and cognitive tools, we are able to access the full value of this resource. This allows our clients in manufacturing to refine their practices and adapt to the new economic, regulatory, social and environmental needs. Together with start-up TerraNIS we meet this dual challenge by combining its advanced agronomy and imaging skills with the capabilities of Atos Codex.”
Dominique Grelet, Head of Atos Codex at Atos explains: “The choice of Atos Codex technology brings a great deal of flexibility to farmers, making it possible to deploy a similar offering at any customer worldwide. We are proud to bring this cutting-edge technology to customers, taking satellite imagery and relevant data and transforming it into valuable information for immediate and long-term business results.”
The new Atos Codex solution using business analytics via satellite is available worldwide and can be deployed in a wide variety of market sectors.
Atos experts will be on-hand at Hannover Messe up until April 28 to talk in-depth about the Atos Codex solutions.

International Red Dot Award in Design & Innovation to V-Class Google

Speedo’s V-Class goggle range has received a global seal of approval with a notorious Red Dot Award for Design & Innovation for 2017, under the Sports & Equipment category. V-Class is the latest edition to Speedo’s expanding goggle portfolio, and has been recognised for outstanding design and excellence by the expert committee at RedDot.

The V-Class range aims to capture the attention of swimmers who desire to have a goggle that is stylish, comfortable and provides an excellent field of vision, so swimmers can enjoy the best underwater experience, with no interruptions. Available in both unisex ‘Vue’ and female fit ‘Virtue’ goggles, the vibrant contrasting colour combinations; inject energy and vitality  into the range for the S117 season, completing the look for frequent lane swimmers.

The Red Dot Award scheme invites manufacturers and designers around the globe to enter their products as part of the 2017 self-nomination process. The jury of around 40 independent designers, design professors and specialist journalists tested, discussed and assessed each individual product, awarding the Honourable Mention for a well-conceived detail solution, the Red Dot for high design quality. In total, the competition received more than 5,500 entries from 54 countries this year.

“The Red Dot winners are pursuing the right design strategy. They have recognised that good design and economic success go hand in hand. The award by the critical Red Dot jury documents their high design quality and is indicative of their successful design policy.” Says Professor Dr. Peter Zec, founder and CEO of the Red Dot Award

V-Class was developed in Aqualab - Speedo’s specialist R&D department, to help deliver superior vision, style and comfort in one goggle. The goggle boasts 2 x anti-fog technology, as well as accommodating a clear, expansive underwater view. 

The V-Class range encompasses attention to detail with beautifully crafted, fluid design - particularly around the lens. Particular attention was given to offer superior material quality and finish on this range, even down to the packaging that it’s presented in.

Tim Sharpe, Head of Design and Innovation at Speedo International, said: “We’ve drawn on our years of expertise of working with swimmers to improve and evolve our goggle range to be the most desirable and effective available on the market. Whether it’s for competitive racing or swimming to keep fit, goggles are a great way to help swimmers to get the best out of their time in their water. We approached the design of this new V-Class range as desirable and high performing eyewear, offering a combination of superior vision technology and design consideration down to the smallest detail, giving swimmers confidence in addressing their needs, as well as offering comfort and style.”

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