Monday, November 18, 2019

The Hague, Karnataka Renew MoU at Bengaluru Tech Summit 2019


In presence of the Deputy Mayor of The Hague, the Netherlands, Ms. Saskia Bruines, the Karnataka The Hague Innovation Corridor MoU was signed with the Department of IT, BT and S&T, Government of Karnataka for collaboration in fields of Health, Cybersecurity, Agri-tech and Peace & Justice. The MoU, which is a renewal of an earlier MoU signed in 2016, will focus on identifying partnerships for tech innovation facilitation, startup exchanges and nurturing talent on both sides.

Speaking on the occasion Ms. Saskia Bruines, Deputy Mayor of The Hague said: “The Hague believes in close international cooperation between government, science and industry. In our region, we are fortunate to have such close cooperation: top universities, tech hubs, economic top sectors, including Indian companies like HCL and Tech Mahindra, and a government that promotes regional cooperation. And now we are proud to underpin this by signing the MoU with the State of Karnataka”.
Mr Prashant Kumar Mishra, Director, Department of IT & BT said that “We are indeed delighted to see our relationship with The Hague, which started in IT BIZ during 2016, deepen further at Bengaluru Tech Summit 2019. Parties of today’s cooperation shall further grow our mutually beneficial relationship in the fields of Health, Cybersecurity, Agri-tech and Peace & Justice we as we move forward.”

Indian companies JK Technosoft and eMuhdra announce opening business in The Netherlands

Also, at the Bengaluru Tech Summit 2019, JK Technosoft formally announced the opening of its European headquarters in The Hague. JK Technosoft (JKT), is part of JK Group, globally recognized for its technology innovation, quality solutions and services.

eMudhra is a leading digital transformation company headquartered in Bangalore focused on offering identity and trust services to 35mn people and providing solutions for paperless transformation and digital authentication to Fortune 100 customers and a number of top enterprises in eGovernance, Banking, Financial Services and Insurance.
eMudhra has recently set up a company in The Hague in Netherlands to offer trust services, cyber security and artificial intelligence solutions to customers in the European Union. eMudhra was attracted to The Hague because of its reputation in promoting companies focused on cyber security. eMudhra thanks The Hague business agency for the continued support it received in helping set up its first presence in the European Union.

Local Dutch government officials welcomed JKT and eMuhdra to The Hague.

Synergy between India and The Hague

One of the key deciding factors for the companies to choose The Hague is it’s central strategic location, proximity to potential customers, multilingual workforce alongside its knowledge base and ease of doing business. The Netherlands is one of the world’s most technologically progressive countries. In addition, the fact that there are already several leading Indian IT & Technology companies based in The Hague, was a strong argument in favour of choosing this city.
“After deciding on The Netherlands as a destination, the decision to be in The Hague was obvious, since it has a precedence of incubating tech companies in an ecosystem where it thrives.”, says Basudev Pal, Director of JKT Europe.

The Hague: international city of peace and justice

The Hague is, with over 500.00 inhabitants, the 3rd largest city in The Netherlands. It is also the seat of the Dutch government, and the home town of the Dutch Royal family. The Hague is widely recognized as the city of peace and justice. The Hague regularly features in the world news because international legal cases are tried in the many courts and tribunals, such as the International Court of Justice and the International Criminal Court. But The Hague is more than courts, tribunals and palaces. The special status of the city draws many government leaders, knowledge institutions, non-profit organisations, businesses and students. Here, they work together, share their knowledge and develop new ideas on creating a better, safer or more just world. They do so, using the latest technology, for example in the fields of cybersecurity for which The Hague is a true ‘hub’.

But The Hague is not just a place for work. The Hague combines the benefits of a cosmopolitan city with the charm of a small town. A distinctive quality of life that ranks in the very top of international surveys. No matter where you are in the city, you are never far away from the 11-kilometre stretch of beach. The ideal place to take a break from life’s hustle and bustle and to find inspiration for new ideas.

Strategic partners in the Netherlands – THBA and NFIA

The Hague Business Agency (THBA), a Foreign Investment Agency of The Municipality of The Hague, is responsible for attracting foreign investments to the city. THBA has assisted JK Technosoft and eMuhdra, by providing an exclusive tailor made business program, which included a fact finding trip and meetings with local government officials and stakeholders in the IT & Tech ecosystem.

THBA works in close collaboration with The Netherlands Foreign Investment Agency (NFIA) office in Delhi. As an operational unit of the Ministry of Economic Affairs and Climate Policy, NFIA helps and advises foreign companies in all phases of establishing, rolling out and/or expanding their international activities in the Netherlands.

Salarpuria Sattva Greenage Wins CREDAI CARE Awards 2019


Salarpuria Sattva Group, India’s leading Property Development, Management and Consulting organization, was recently conferred with most prestigious CREDAI (Confederation of Real Estate Developers Association of India) CARE Awards 2019. Salarpuria Sattva Greenage won an award in the ‘Dwellings Above 1500 sq ft.' residential category. The aim of the awards was to recognize the achievements of real estate companies and professionals, who have contributed immensely towards the growth of the real estate industry in Karnataka.

Speaking on the occasion, Mr. Bijay Agarwal, Managing Director, Salarpuria Sattva Group said, “We are honoured to be recognized with such a prestigious award by our fraternity.  At Salarpuria Sattva, we strive to create everlasting structures that defy expectations. It has been a journey of hard work from each and every one at our company who have worked immensely to bring things to this pinnacle.”

Located on Hosur Main Road, Salarpuria Sattva Greenage comprises of 10 towers of 2, 3 and 4 BHK luxury homes built on 21 acres with a total of 1680+ apartments. These spacious and classy homes offer a lifestyle with over 100 dropping amenities. Central to this swank lifestyle, is a 60,000 sq. ft. fully equipped world-class clubhouse with sports, recreation and lifestyle facilities. It also has well-appointed rooms for guests. Close to the upcoming metro station on Hosur road, the project houses ATM, shopping centres, theatre, crèche and salons. The project has an aesthetic environment with 75% open space, secluded sitting areas, tea garden and activity spaces for all age groups. The amenities include indoor pool, table tennis, billiards, aerobic floor, squash courts, multipurpose hall, basket ball court and open amphitheatre to name a few.

About Salarpuria Sattva Group:

Present over the past 3 decades, Salarpuria Sattva Group has grown into one of the most trusted builders in the country today. Headquartered in Bengaluru, India, it also a well-known name in Hyderabad, Kolkata, Pune, Coimbatore, Jaipur and Goa. The Group will soon be expanding its presence in Mumbai. With 48 million sq.ft spaces completed, 36 million sq.ft under construction and 32 million sq.ft in the planning stage, Group is one of the premium builders in India today. Salarpuria Sattva’s flagship commercial project and Asia’s Best IT Tech Park- Knowledge City is located in Hitec City, Hyderabad. The Group’s other cutting edge upcoming projects in Hyderabad include: Knowledge Capital, Knowledge Park and Image Towers (a PPP based model with the Telangana State Government). By further expanding into various ventures such as co-working, co-living, education, aerospace, embedded technology, hotels, facilities management and warehousing, the Group today stands tall as a frontrunner, shaping India’s growth story. The Group’s unwavering adherence to quality has given it the “trusted” tag among builders in the country, renowned for its “A Stable” CRISIL rating.

SmartOwner Launches Portfolio Management Services in India


SmartOwner, India's leading property investment firm, launches SmartOwner Portfolio Management Services, a SEBI-registered real estate investment that combines regular cash flows with the attractive growth potential. By carefully selecting the most lucrative assets across the fastest growing sectors of real estate, this diversified portfolio is structured to deliver maximum profitability and superior risk mitigation. Strong cash flows from the quick deployment of capital through a ready pipeline of projects further enhance the returns from this exclusive opportunity.

“Portfolio Management Services offer investors the chance to profit from the sort of high-return assets that used to be the exclusive domain of institutions. With total PMS assets under management more than doubling from Rs.6.04 to Rs.13.7 lakh crore in just 5 years, this has become one of the preferred ways for investors to profit from exclusive real estate opportunities. We are very excited about this launch, having brought our deep domain expertise to create an industry-beating product” said Vikram Chari, Chairman and CEO of SmartOwner.

Strong projected growth in co-working, commercial and residential real estate markets, high current inflation-adjusted returns, and deeply-discounted opportunities after RERA, have created a uniquely profitable time to invest in Indian real estate. By combining the growth potential of the best opportunities across asset classes and locations, SmartOwner’s Portfolio Management Service offers a way to profit from the fastest-growing sectors of Indian real estate, offering high hurdle rates of 18% on a minimum investment of Rs.25 lakhs.

S&P Global Taps Ness Digital Engineering to Build New Extended Talent Center in India



Ness Digital Engineering is partnering with S&P Global, a leading provider of ratings, benchmarks, analytics and data to capital and commodity markets worldwide, to develop its new Extended Talent Center in Hyderabad, India. With this collaboration, Ness Digital Engineering, a provider of digital transformation and custom software engineering services, builds on its decade-long partnership with S&P Global. The new Extended Talent Center will expand S&P Global’s software delivery capabilities through a center of excellence that further accelerates software development and testing services and provides flexibility to support additional engineering demands.

To help create the new Center, Ness will build and manage project teams, bolstering S&P Global’s ability to address business needs and opportunities in a highly-agile manner. Based on demand, S&P Global will continue to collaborate with Ness to help support its growing technology needs across areas such as order to cash, legacy system modernization, cloud migration, and platform and data as a service from an engineering execution perspective.

“For more than 10 years, S&P Global has partnered closely with Ness Digital Engineering to establish industry-leading solutions,” said Marcus Daley, CTO Ratings Technology, S&P Global. “Over the course of our relationship, Ness has developed a deep understanding of our business, technology operations and software applications. As a result, the Ness team can immediately help us facilitate the productivity of additional talent at this new Center.”

“Ness and S&P Global have a strong, proven track record cultivating talented teams that provide strategic value,” said Paul Lombardo, Ness Digital Engineering CEO. “The new Extended Talent Center is a testimony to our partnership, which began more than 10 years ago. Together, Ness and S&P Global built the Orion Center, a 700+ member team, which S&P Global effectively leverages to deliver enhanced technology and innovation capabilities for its clients. We look forward to continuing to contribute to S&P Global’s success with the creation of this new Center.

The new Extended Talent Center will operate out of Ness’s current location in Mindspace, Hyderabad. The company will grow its workforce, adding approximately 200 highly-talented engineers over the next six months to support S&P Global’s business needs.

Tata Motors, Lithium Urban Technologies Partnership Set to Leapfrog the Electrification of the Transport Service Market


Reinforcing their position at the forefront in the electrification drive, Tata Motors and Lithium Urban Technologies, the world’s largest commercial EV fleet providers, outside of China, today announced their partnership. Both companies will explore bespoke models to address requirements of customers who are increasingly looking for tailor-made mobility solutions in the market across passenger, mass transit and freight segments.

As the first milestone, Tata Motors and Lithium have signed a contract for 400 newly launched, Tigor Sedan EV, with an extended range of 213 km, to be supplied by FY20 and deployed across India. This partnership plans to additionally  induct 100 electric vehicles, which would include cars to be launched in near future, like Nexon EV for corporate leadership transport services. These steps will be pivotal for Lithium to significantly expand its current fleet of 1000 EVs to further consolidate its leadership position as the largest EV based mobility service provider.

Speaking on the occasion, Mr. Shailesh Chandra, President – Electric Mobility Business & Corporate Strategy, Tata Motors Ltd. said, “This is not just the most significant milestone for Tata Motors’ E-Mobility Business, but also a big turning point in the EV market, which is now likely to see fleets electrify faster than ever before. We are delighted to enter this partnership with Lithium, who are on their pragmatic journey of expanding their zero-emission transport service rapidly. We are committed to nurturing this valued partnership as we address the evolving mobility needs of our customers through various disruptive business models. ”

Speaking on the occasion, Mr. Sanjay Krishnan, Founder, Lithium Urban Technologies said, “We are excited to partner with Tata Motors for the supply and co-development of EVs. The induction of new extended range Tigor EVs and future EVs into our portfolio will add further differentiation to our service offerings for the passenger services. This partnership with Tata Motors will ensure availability of new form factors and enable viability of new market segments across passenger, mass transit and freight. Lithium would move quickly to integrate the company's paradigm-shifting LUTEC (LithiumUrbanTec) EV mobility utilisation software with the new vehicles.”

The new Tigor Electric Sedan, with an extended range of 213 km, certified by ARAI is available for both fleet and personal segment customers. This vehicle qualifies for a FAME II incentive for eligible commercial customers. It offers an enhanced driving range, low cost of ownership, connectivity, comfort of a sedan and zero emissions. To know more about the Tigor EV, please visit: https://tigor.tatamotors.com/electric/

Classic Legends Celebrates its First Anniversary; Launches the Production Version of the “Jawa Perak”


It was exactly a year ago when Classic Legends Pvt. Ltd. embarked on a journey studded with classic motorcycles. The Jawa and Jawa forty two were launched to a thrilled audience at a glittering ceremony in Mumbai while the Jawa Perak was showcased as a factory custom.

Today, Classic Legends celebrated its first anniversary by delivering on its promise of launching the stunning new Jawa Perak. But, before unveiling the Perak, Classic Legends also touched upon the achievements of the year gone by. An overwhelming response to bookings for Jawa Motorcycles ensured the brand was sold out for 9 months, within a few days from the announcement and had to close online bookings within 40 days of launch. The brand also achieved the distinction of opening 100 new dealerships in a span of less than 100 days, an impressive accomplishment for an automobile brand in the country.

Anand Mahindra, Chairman, Mahindra Group said, "Last year we had the rare opportunity to resurrect an iconic brand. Jawa represented the desire and yearning in all of us for freedom and adventure. It’s been a deeply fulfilling year, stirring a thousand memories of fans who grew up with Jawa and innumerable stories of new owners who will grow up along them!”

Anupam Thareja, Co-Founder & Director, Classic Legends Pvt Ltd. said, “It was a proud moment for me and my team when we launched Jawa this day, last year. From being sold out in a span of weeks and  expanding our dealership base in record time to launching the Forever Heroes and Jawa Nomads program, it has been a tremendous year for us. However, we have just scratched the surface and rearing to go with more new products and offerings. The opportunity to resurrect Jawa also came with its own set of challenges and we thank the Kommunity and our customers for keeping their faith enabling us to reach greater heights with our products and outreach programs.”

The brand conceived an important element called the #ForeverHeroes initiative that sets a charter to give back to the armed forces, making two significant contributions so far to the Armed Forces Flag day Fund and the families of martyrs of Ladakh Scouts.

The year also saw the birth of #JawaNomads, the brand’s ride program with Ibex Trail 2019 giving a chance to riders from across India experience the phenomenal landscapes of Ladakh while riding to give back to the local communities.

Boman Irani, Co-Founder & Director, Classic Legends Pvt Ltd. said, ‘It was always a dream for my family to see Jawa grow as a responsible brand and the #RideToGiveBack initiative is a redemption of that sentiment. It was great to see the brand we have nurtured make a difference to lives of people. The Jawa also has the distinction of bringing me back to the saddle of a motorcycle after a long time. The last one year has been thoroughly enjoyable astride a Jawa for me as well as the community.”

Classic Legends Pvt. Ltd. introduced the Jawa ‘Anniversary Edition’ in India, to mark the 90th anniversary of Jawa Motorcycles.  This motorcycle is built as a homage to the glorious beginnings of the brand in 1929. This edition was limited to just 90 units and featured a special 90th anniversary colour scheme inspired by the Jawa 500 OHV the first ever Jawa to rollout in then Czechoslovakia. Every motorcycle will also feature commemorative emblem on the fuel tank along with its individual serial number out of 90.

Over the course of one year, the brand also reignited the spark of all Jawa and Yezdi riders in the country and united them back as a strong Jawa community with the biggest ever concurrent International Jawa Day celebrations.

The Jawa Perak

Jawa Perak a distinctive Bobber embodying the spirit of Stealth, Vigilante and Dark in a factory custom avatar. Power comes through a 334cc liquid cooled, single cylinder, four stroke, DOHC engine, producing 30 bhp of power and 31 Nm of torque, breathing out through signature twin Jawa exhausts, albeit chopped for the authentic bobber stance. All this power is put to the tarmac via a 6-speed transmission with ratios optimised to offer a great riding experience through the gears.  Housed in a tweaked chassis with an all-new swingarm, engineered to offer the optimum transverse, longitudinal, torsional rigidity. Frame and swingarm stiffness have been tuned for a linear feel, aiding stability over straights and poise along winding roads. This plays a significant role in improving the handling.

The Perak is priced at INR 1,94,500 (ex- showroom, New Delhi)  and the booking will begin online at www.jawamotorcycles.com from 1st January, 2020.

The Perak is a motorcycle reminiscing the past, yet far ahead of its time. Designed and developed as a factory custom embodying the spirit of Stealth, Vigilante and Dark, the Jawa Perak is BSVI compliant. The Perak is a true bobber in spirit and form. The ‘bobbed’ fenders, chopped exhaust and a floating seat make it the quintessential bobber.

Speaking more on the new motorcycle, Ashish Singh Joshi, Chief Executive Officer, Classic Legends Pvt. Ltd. said, “The last one year has been about putting smiles on every Jawa lover’s face with the Jawa and Jawa forty two. It is time for us now to offer more to our customers and the Perak paves the way for that. A true factory custom, the Perak rewrites the rules for a classic motorcycle, while keeping the character of a Jawa intact.”   

Discovery Sports and Rover Evoque All Set to Amaze Bengaluru

Highlights

* The remarkable capabilities of these Land Rover vehicles will be showcased at The Above and Beyond Tour, a series of events that deliver off-road track drive experiences
* The event is scheduled on the weekend of 15th to 17th November 2019 for the convenience of our customers
* The Discovery Sport and Range Rover Evoque will exhibit their capabilities and composure in an array of challenging drive conditions and tough terrains

Following The Above and Beyond Tour in Ahmedabad, Chandigarh, New Delhi, Noida , Mumbai and Kochi, The Above and Beyond Tour now brings this incredible drive experience to Bengaluru. The Above and Beyond Tour is a marquee series of off-road experience events that will offer customers and prospects, the chance to experience the true capability and composure of Land Rover vehicles in off-road conditions.

The Above and Beyond Tour will be experienced in the Land Rover Discovery Sport and Range Rover Evoque, under the supervision of trained Land Rover instructors. The breadth of terrain and complexity of driving conditions will enable customers to truly experience the off-road capability of Land Rover, thanks to the specially engineered chassis and lightweight aluminium suspension components. With over 70 years of expertise in outstanding all-terrain technologies, whether “On” or “Off-road”, the insatiable urge to explore is what distinguishes every vehicle bearing the Land Rover badge.

Rohit Suri, President & Managing Director, Jaguar Land Rover India Ltd. (JLRIL), said, "The Above and Beyond Tour in India is an extremely popular activity with our customers. Not only do they get to experience all that a Land Rover can do, but they also get to enjoy some thrilling and unforgettable moments in the world’s most capable vehicles.”

The Land Rover Experience will be held at Wild Retreat Adventure Club, Khata No 313 off, Bannerghatta Main rd, Karnataka.

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