Wednesday, March 18, 2020

L&T Technology Services and IIT-Kanpur Sign MoU to Set Up CoE Dedicated to Cybersecurity



L&T Technology Services Limited (BSE: 540115, NSE: LTTS), India’s leading pure-play engineering services company, signed a multi-year Memorandum of Understanding (MoU) with the Indian Institute of Technology - Kanpur to collaborate on research in industrial and infrastructure cybersecurity.

The MoU was signed by Chief Executive Officer and Managing Director of LTTS, Dr. Keshab Panda and Deputy Director at IIT-Kanpur and Padmashri Awardee, Professor Manindra Agarwal in the premises of IIT-Kanpur.

According to the MoU, LTTS and IIT-Kanpur will together set-up a Center of Excellence (CoE) in the IIT-Kanpur campus and conduct research in the areas of Honeypot (network-attached system set up to entrap cyberattacks and study hacking attempts), intrusion detection systems, malware analysis, blockchain, vulnerability assessment and penetration testing and provide cybersecurity awareness and training programs. The MoU will also give LTTS access to IIT-Kanpur’s cutting-edge testbed for critical infrastructure.

The CoE will be a part of IIT-Kanpur’s C3i Center, a Government of India-funded one-of-a-kind cybersecurity research center, which was developed to work on solutions and technologies to protect India’s Strategic and Critical Utility Infrastructure.

Dr. Keshab Panda, CEO & Managing Director, L&T Technology Services said, “LTTS is a leader in end-to-end cybersecurity solutions with a range of assets spread over several domains which cater to a global clientele. Our expertise across security analysis, vulnerability assessments, design security architecture and security requirements has been further strengthened by our partnership with many of the world’s prestigious educational institutions. LTTS’ partnership with IIT-Kanpur will open a new chapter in defense and industrial cybersecurity and pave the way for the creation of safe, secure and smart solutions for India’s industrial sector”.

Prof. Sandeep K. Shukla, Joint Coordinator of the C3i Center and Head of the Computer Science & Engineering Department at IIT-Kanpur said, “Cyberattacks across the globe have affected millions of IT and OT systems over the past few years leading to operational downtime, logistic failures, and production cycle disruption. LTTS’ deep-rooted and proven technological expertise combined with the cyber security research expertise of C3i Center will help counter such cyberattacks. LTT boasts of a well-rounded portfolio comprising of - Automotive Cybersecurity Consulting, Threat Modeling, Continuous Threat Monitoring & Security Updates Patching among others. C3i Center has been in the forefront of vulnerability assessment and penetration testing with more than 8 CVEs published, building and utilizing industrial scale cyber security test-bed for OT, Honeypots, malware analysis and intrusion detection research. This partnership will strengthen the security ecosystem in the country. The company’s large pool of experienced architects and engineers along with IIT’s research talent will have the capability to change the current cybersecurity landscape.”

Tuesday, March 17, 2020

Kinara Capital Launches HerVikas Business Loans for Women; Commits to Disburse Rs. 100 Crores in FY20-21


Kinara Capital, a fast-growing fintech for MSMEs, today announced HerVikas business loans to accelerate financial inclusion of women entrepreneurs in India. In the coming fiscal year, Kinara Capital has committed to disbursing Rs.100 crores in HerVikas small business loans to women entrepreneurs.

HerVikas aims to encourage women entrepreneurship with an upfront discount provided on business loans without property collateral. Of the nearly 58 million businesses in India, about 8 million are run by women entrepreneurs. Timely access to capital is one of the major struggles for women entrepreneurs seeking to grow their business.

Hardika Shah, Founder & CEO of Kinara Capital, said, “Less than 14% of all businesses in India are owned by women, and the number of women entrepreneurs has been declining over the last decade. Empowering women entrepreneurs uplifts local economies and creates new jobs in communities. That’s why we are committing Rs. 100 crores to boost women entrepreneurs’ progress, her vikas!”

Any woman entrepreneur who applies for a loan from Kinara Capital in the range of Rs. 2-25 lakhs shall be eligible to an upfront 1% processing fee deduction. This concession will be offered across all currently existing loan products, such as Working Capital, Asset Purchase, Bill Discounting, Line of Credit, and Supply Chain Financing.

HerVikas is available in the states of Karnataka, Telangana, Andhra Pradesh, Gujarat, Maharashtra, Tamil Nadu and UT Puducherry, where Kinara Capital is currently operational with 110 branches.

About Kinara Capital

Kinara Capital disrupted small business lending in India by providing No Property Collateral loans within a week. By combining technology with doorstep customer service, Kinara Capital drives financial inclusion of MSMEs with fast and flexible loans up to Rs. 25 lakhs. Founder & CEO Hardika Shah has built a globally recognized fintech with a women-majority leadership and management team. Kinara Capital has disbursed over Rs. 1700 crores across 50,000 loans that has led to income generation, new job creation, and job sustenance. Recognized for its pioneering efforts in SME lending, Kinara Capital was conferred the Gold award as Bank of the Year-Asia 2019 by the IFC and the World Bank. Kinara Capital is qualified as a Systemically Important NBFC by the Reserve Bank of India (RBI). Headquartered in Bangalore, Kinara Capital has 110 branches across six states in India.

Toyota Kirloskar Motor Launches Leadership Edition Innova Crysta

Highlights

* Pioneering the MPV segment in India for the last 15 years, the Innova has gained trust of over 9,00,000 customers since its launch in 2005
* Available with a 2.4L Diesel (BS6) engine mated to a 5 speed Manual Transmission, 7 seater configuration
^ The Leadership edition is attractively priced at Rs. 21,21,000 ex-showroom (Prices will be same across the country at ex-showroom level except in Kerala)

As a pioneer of the Indian MPV segment, Toyota Kirloskar Motor today fortified its position by launching the Limited Edition of its flagship MPV, Innova Crysta. Termed as Leadership Edition, the refreshed Innova Crysta has been introduced to commemorate 15 years of undisputed leadership of Innova in India and keeping in mind the ever-evolving customer needs and requirements, while promising to upkeep Toyota's legendary promise of delivering ever-better cars designed to enthrall customers. The enhanced Innova Crysta is a seamless union of spectacular design and unparalleled performance, promising a superior driving experience.

Launched in 2016, the Innova Crysta has been the undisputed leader in the MPV segment known for its luxurious features, comfort, safety and powerful performance. The enhanced Leadership Edition is a blend of effortless power and luxury, perfectly coupled with tasteful features crafted carefully. Available in exciting dual-tone exterior color - combination of White Pearl Crystal Shine with Attitude Black, and Wildfire Red with Attitude Black, the Leadership Edition of Innova Crysta is a true reflection of Innova’s unprecedented level of magnificence.

True to its unshakable reputation, the Leadership Edition of Innova Crysta is a result of careful craftsmanship that promises uncompromising performance, creating a new benchmark in performance and design coupled with luxury and class.

Commenting on the latest offering, Mr. Naveen Soni, Senior Vice President, Sales and Service, Toyota Kirloskar Motor said, “Innova Crysta became a household name in India for its phenomenal comfort, grandeur design and unmatched safety features. Thanks to our valued customers, it has been a runaway market leader in the MPV segment with over 50% segment share in the month of February 2020. Listening to our customers’ voice and continuously striving to offer ever better cars and services, we believe the Leadership Edition of Innova Crysta comes at an opportune time, enhancing the overall experience for our customers with an upgraded offering.

At Toyota, we pay utmost importance to customer’s evolving needs and always thrive to deliver a better, safer and smarter product. With the Leadership Edition of Innova Crysta, we are confident that our customers will enjoy this improved version which offers a host of exciting features tailored to meet the taste and preferences of our customers” he added.

The Innova often referred to as the segment creator, has maintained a leadership position since its launch in India way back in 2005, continuing to be the most preferred MPVs in the country. Toyota Kirloskar Motor continues to strive hard to bring a range of vehicles that lead the way in creating a world class driving experience.

LEAD Launches LEAD School@Home to Ensure Continued Learning in View of COVID-19


LEAD School, an integrated academic excellence system, with six owned and over 800 partner schools across India, will initiate LEAD School@Home program from Monday, March 16 to ensure continuity in learning for all its students. The measure has been taken in the wake of schools closures due to incidences of COVID-19 in the country.

With school closures in Delhi and Bengaluru and other state governments contemplating the same, the live online schooling is estimated to benefit over 3 lakh students in the coming days.

Under its program, LEAD School will conduct live online sessions for the unfinished portions of the curriculum. Given the integrated curriculum offered by LEAD School that combines technology and curriculum, a student from any class will essentially be able to pick up the lesson or chapter from where it was last taught in school before closure. This will help students pick up quickly and prepare for their exams without spending any extra time in redoing the entire lesson or unit.

Sumeet Mehta, Co-founder and CEO, LEAD School said, “We believe that continuity and integration of learning is vital to our goal of imparting quality education to our children. While schools may have to consider closing due to outbreak of COVID-19, LEAD School is supporting all its partner schools to ensure that students do not stop learning. Our integrated system allows us to know the unfinished units in each grade across all our schools and helps us serve up the modules as required online for course completion before exams.”

Additionally, students who are unable to attend live sessions will also have access to recorded sessions, which can be viewed as per their convenience.  The LEAD School Parent App will provide students with the homework and assessments to ensure that no part of learning is missed out until their schools resume.

Simplilearn Offers Over 100 hours of Learning for Free To Tech Professionals Across India

Simplilearn, a global EdTech company and the world’s leading digital skills training provider, today announced that they are offering 13 comprehensive foundational programs for Free on their Android mobile app (bit.ly/simplicertified), which has over 1,00,000 learners (coming soon on iOS). These programs offer over 100 hours of learning, covering the latest industry-relevant categories and provide the ease of access via smartphone, making it a convenient on-the-go learning solution. On successful completion, learners also receive a digital certificate for each program.

The free programs being offered span across AI and Machine Learning, Big Data, Data Science & Business Intelligence, Cyber Security, Project Management, and Digital Marketing. Each program consists of a comprehensive foundational learning plan which follows Simplilearn’s unique learning structure, providing learners with expertly-crafted content.

Speaking about the initiative, Krishna Kumar, CEO & Founder, Simplilearn said, “With the rapid development and adoption of new technologies, it is today a necessity for professionals to upskill and stay ahead of the curve. By introducing free foundational programs on the Simplilearn mobile app, our aim is to support professionals and job aspirants who are seeking self-skilling tools, thereby providing access to quality learning and supporting career growth. Currently, Data Analytics, Cyber Security and Artificial Intelligence are the top 3 programs witnessing maximum enrollments.” He further added, “Also keeping in mind the ongoing situation with professionals staying away from workplaces, this is an ideal opportunity to effectively utilize time and get introduced to new tech skills that are popular and job-relevant”

Having been named the eighth-most influential education brand in the world by LinkedIn, Simplilearn has already helped more than a million professionals across 150 countries to upskill and prepare for the digital future. The company has maintained its leadership position in the space of digital skilling solutions for learners, corporates, and enterprises. 

Beat the Heat Up to 60% Faster with the All-New Range of 3D Cool Inverter Air Conditioners from Whirlpool

Whirlpool of India, a subsidiary of Whirlpool Corporation, the world’s leading home appliance company, launches the latest range of 3D Cool Inverter Air Conditioners. Designed to offer Every Day Care for its consumers, the Air Conditioners are equipped with 3D Cool Technology that ensures up to 60% faster cooling even in the peak of summer heat of 50 degrees. Aiding ease of usage, it can be operated via Google Home and Wifi, also equipped with 8-in-1 Intelli-convert modes and In-Built Air Purifier.

Announcing the launch, Mr. KG Singh, Vice President-Marketing, Whirlpool of India said, “Our products reflect forward thinking in design, technology and utility with an underlying care for our consumers. The new air conditioners come with comprehensive offerings including the revolutionary 3D cool technology, smart Google & Wifi connections and overall aesthetic appeal connecting consumers to the future of cooling.”

The all new 3D Cool AC offers the following features and benefits for Every Day, Care of the customers–

Care for Comfort

3D Cool Technology- The unique 3-air-intake vents in the air conditioner help in faster removal of hot air from the room. The revolutionary technology helps with up to 60% faster cooling even in extreme temperatures of up to 50 degrees and ensures uniform cooling with the up to 12m of air throw.

Care for Convenience

Google Voice and Wi-fi enabled- Control how your AC works, switch it on, set the swing and change the temperature, all with your voice through Google Home. Additionally, connect a smartphone to the AC through a Wi-fi network and control your cooling through the Whirlpool App.
Intelli-Convert with 8-in-1 Modes- Takes care of everyone every day, in a different way with the Intelli-convert~ with 8-in-1 modes. Switch between different modes with the touch of a button.
Sleep Convert: Young mode, Adult mode, Child mode, Elderly mode
Comfort Convert: Normal mode, IntelliComfort mode (as per to the RealFeel temperature)
Capacity Convert: 2 capacity modes

Care for Environment

PuraFresh Technology- Dust and allergens present inside your room may lead to respiratory problems. Whirlpool 3D Cool Inverter ACs with PuraFresh Technology not only cools, but also purifies the air from dust particles and PM 0.3# pollutants. Also, the inbuilt electronic filter only needs regular cleaning and no replacement like the conventional filters.

IntelliSense Technology- Advanced inverter technology adapts to the cooling needs while reducing energy usage and keeping power consumption low. Smart energy management gives lifetime savings up to INR 65,000 on the electricity bill. R-32 refrigerant in Whirlpool ACs means lesser emission of greenhouse gases and exceptional energy efficient system. R-32 also has zero impact on the ozone layer, therefore its friendly to the environment.

Availability: https://www.whirlpoolindia.com/

ServiceNow Releases Four Emergency Response Apps to Help Customers Navigate COVID-19 Crisis Management Globally

ServiceNow (NYSE: NOW), the leading digital workflow company that makes work, work better for people, today announced a customer care plan to support its public and private sector customers globally in managing the COVID-19 pandemic.

As part of this effort, the company has announced four new community apps to help its customers, including government agencies and enterprises, manage complex emergency response workflows. These apps are now available at servicenow.com/crisisresponse for customers to access free of charge through September 30, 2020.

“In this battle to flatten the COVID-19 curve, none of us is as smart as all of us,” said Bill McDermott, president and CEO of ServiceNow. “These ServiceNow applications will enable emergency outreach, self-reporting and exposure management, which are precisely what organisations need to do right now to help people get through this crisis.” 

“We are particularly proud to partner with Washington State’s Department of Health to make an emergency operations app, which they developed on the Now Platform, available to all government agencies fighting this pandemic. This is all about sharing best practices, which is why we’ll do everything we can to get the Washington State app in use everywhere,” McDermott continued.

Emergency Response Operations app for government agencies

Washington State’s Department of Health, a ServiceNow customer, initially created the the Emergency Response Operations app on the Now Platform to manage their own response to COVID-19. Working with ServiceNow, the Department of Health is making the app available to all government entities globally at no charge.

“As the epicenter for COVID-19 in the U.S., the State of Washington’s agencies, emergency responders and public health professionals had to rapidly assemble an incident management structure to lead outbreak response and mitigate the spread and impact,” said Jennifer McNamara, Chief Information Officer, Washington State Department of Health.

“Leveraging ServiceNow’s Now Platform, we were able to digitise processes that allowed us to quickly resource critical Incident Management Team positions. This automated a manual and labor-intensive process that was fraught with errors while also providing real-time visibility into resource allocations. Improved accountability will allow us to secure the maximum federal reimbursement for incident expenditures. We are building on the success of this phase with automation of the other Incident Management Functions such as resource demobilisation, planning, logistics, and finance.”

“Given the complexity and importance of community within this crisis, we believe it’s our duty to share our approach and the application we were able to quickly develop on the Now Platform. That’s why we have worked with ServiceNow to make our application freely available to other governmental entities. By digitising these processes, responding to an emergency does not have to create an emergency to coordinate,” McNamara concluded.

Customer care plan

ServiceNow has launched a customer care plan to support its customers as they focus on maintaining business operations during the COVID-19 pandemic. This includes a commitment to maintaining virtually 100% uptime for ServiceNow instances; and launching a Now Community forum where customers and partners can interact with other customers, as well as an Apps Suggestions portal, where customers and partners can provide their ideas for COVID-19 related apps or features.

In addition to the State of Washington’s Emergency Response Operations app, ServiceNow has developed and introduced three, free of charge community apps to benefit all customers. The additional apps include:

* Emergency Outreach: during a crisis, this workflow leverages the Now Platform to help companies connect with employees to assess the impact. Employers can reach out by email to provide information and safety measures and request a response to confirm if employees are safe and where they are located. Employers can also leverage the ServiceNow Now Mobile App to send push notifications to employees via mobile to get response.

* Emergency Self Report: this workflow helps an employee notify their employer that they are self-quarantined and when the employee will return to work, and provides workflow support for the employer.

* Emergency Exposure Management: when a company becomes aware that its employee is diagnosed with an illness, this workflow helps the employer identify other people who might have been exposed based on the employee’s meetings history and job location.

More information about ServiceNow’s customer care plan, including accessing the community apps, can be found at servicenow.com/crisisresponse.

Customer support

As a global company, ServiceNow has critical business functions, including technical support and cloud operations, distributed in regions around the world. This model will help ensure consistent, world-class customer support and service levels for its customers.

is committed to maintaining virtually 100% uptime for ServiceNow instances to ensure that customers have all of the capabilities available to them to continue their operations. ServiceNow maintains an Advanced High Availability Architecture with the ability to run a customer's production application from a pair of data centres located in geographically different regions.

ServiceNow's business continuity plan covers the ability for our cloud operations and technical support teams to work remotely in a safe and secure manner so they can continue to serve the company’s customers. All remote access happens using secure connections and multifactor authentication.

ServiceNow’s Knowledge 2020 customer event goes digital

In order to protect the health and safety of its customers, partners and extended community, ServiceNow’s Knowledge 2020 event will become a digital community experience. This digital event, which starts on May 5, replaces the in-person event scheduled May 3-7 in Orlando, FL. The Knowledge 2020 digital experience will showcase all the ways to unlock productivity through modern digital workflows, highlight the latest customer and platform innovations, and inspire the ServiceNow community to continue to create great experiences and unlock productivity for businesses.

Protecting our employees

ServiceNow has taken action to maximise the well-being and safety of its 10,000-plus global employees, office staff and communities. As part of its efforts, the company:

* Has asked all employees globally to work from home, effective March 11th, in an effort to encourage social distancing;

* Is continuing to compensate all full-time and part-time workers, contractors and support staff during this work-from-home period; and

* Is requiring that employees avoid business travel unless it’s deemed business-critical, and is within their own country.

Community giving

Across ServiceNow’s global community, we recognise that healthcare workers on the frontlines of COVID-19 are in need of support. These workers are in need of supplies, such as masks, protection suits, goggles and medical testing equipment, as well as basic necessities, such as food, lodging, training and support. ServiceNow is making donations to the International Medical Corps and the CDC Foundation totaling $100,000 to support these efforts.

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