Tuesday, July 7, 2020

Land Rover Begins Delivery of BS-VI Petrol Derivates of New Range Rover Evoque and New Discovery Sport


New Range Rover Evoque and New Discovery Sport

* BS-VI compliant petrol derivatives have been introduced on New Range Rover Evoque and New Discovery Sport
* Both SUVs are powered by Ingenium 2.0 l (litre) petrol engine with an output of 184 kW and 365 Nm of torque
* Prices of the New Range Rover Evoque 2.0 l (litre) Petrol start from ₹ 57.99 Lakh
* Prices of the New Discovery Sport 2.0 l (litre) Petrol start from ₹ 59.99 Lakh

Jaguar Land Rover India has announced that it has begun deliveries of BS VI compliant petrol derivatives of New Range Rover Evoque and New Discovery Sport. The two SUVS are powered by Ingenium 2.0 l (litre) turbocharged petrol powertrain, producing 184 kW and 365 Nm of torque, which is supported by a 48-volt mild hybrid system. The New Range Rover Evoque and New Discovery Sport are available in highly feature-rich ‘S’ and sportier ‘R-Dynamic SE’ derivatives. 

Rohit Suri, President & Managing Director, Jaguar Land Rover India Ltd (JLRIL), said:
“The Range Rover Evoque and Discovery Sport have been tremendously successful in India since their introduction. In their new avatars, both SUVs have quickly captured the imagination and hearts of our customers and fans with their design, technology and luxury. Now with the new BS-VI petrol powertrain we are happy to provide our customers with enhanced choice.”

Both the New Range Rover Evoque and New Discovery Sport come equipped with latest technologies and class leading features such as:

Cabin Air Ionisation: It works seamlessly with the climate control system by electrically charging air particles, ionising them and removing pollutants and other harmful particles.

ClearSight Rear-view Mirror: If rear visibility is compromised by passengers or bulky items, one may simply flick a switch on the underside of the mirror and a camera feed from the top of the car will display what is behind the vehicle in crisp high definition.

InControl Touch Pro and Touch Pro Duo: The New Range Rover Evoque and Discovery Sport have InControl Touch Pro with Android Auto and Apple CarPlay as standard. In addition, the Range Rover Evoque R-Dynamic SE features Touch Pro Duo that combines an adjustable upper touchscreen with a lower touchscreen that offers an elevated input convenience.

Terrain Response 2: For enhanced off-road capability, Terrain Response 2 automatically detects the surface and adjusts the torque delivery to best suit the conditions, ensuring that one can wade through rivers, climb mountains and reach unexplored places with ease.

Further details on the New Range Rover Evoque and New Discovery Sport are available on the Land Rover India website www.landrover.in

Land Rover Product Portfolio in India

The Land Rover range in India includes the Range Rover Evoque (starting at ₹ 58 Lakh),  Discovery Sport (starting at ₹ 59.99 Lakh), the Range Rover Velar (priced at ₹ 73.30 Lakh),  Discovery (starting at ₹ 75.59 Lakh), Range Rover Sport (starting at ₹ 87.02 Lakh)  and Range Rover (starting at ₹ 196.74 Lakh). All prices mentioned are ex-showroom prices in India.

Jaguar Land Rover Retailer Network in India

Jaguar Land Rover vehicles are available in India through 27 authorized outlets in Ahmedabad, Aurangabad, Bengaluru (2), Bhubaneswar, Chandigarh, Chennai, Coimbatore, Delhi (2), Gurgaon, Hyderabad, Indore, Jaipur, Kolkata, Kochi, Karnal, Lucknow, Ludhiana, Mangalore, Mumbai (2), Noida, Pune, Raipur, Surat and Vijayawada.

Young AR Creator from Bangalore Creates Winning Lens for Snapchat

First Lensathon in India

* Over 1000 lenses were submitted by participants across India
* Seven  winners  from Bangalore, Ghaziabad,  Silvassa,  Sitapura,  Kolhapur,  Prayagraj and Ludhiana were picked based on originality, creativity, technicality and engagement
* Lenses are available globally via searching on Snapchat

Today Snapchat and Skillenza together announce the winners of the first Lensathon in India. With the aim of making augmented reality even more accessible to Indian creators, the online hackathon was open for national participation in May, encouraging participants to create AR experiences using Snap’s Lens Studio.

The Lensathon received an overwhelming response, with over 1000 entries submitted from creators based all over India. Seven winners were selected by a panel of expert judges - including Snap’s SVP of Camera Platform, Eitan Pilipski and Global Head of Creative Strategy, Jeff Miller - and were picked for their originality, creativity and technicality of the design, as well as engagement with the community. They will receive a range of prizes including cash, Snap Spectacles and Snapchat swag.

The winners are a mixture of students and professionals in their early twenties based across the country. The lenses were inspired by a variety of themes including ‘Work From Home’, ‘Real Friends’, ‘Indian Summers’ and a social cause of choice. Twenty year old Akash Bajpai’s lens provides much needed entertainment to Snapchatters tired of   working from  home.  Apoorva Pise, a computer science engineering student based in Kolhapur, created an intriguing space portal effect and 21-year-old Altafa Ansari’s lens - ‘Cosmic Architect’ - is a beautiful depiction of how large things are made up of small particles.

“Since launching Lens Studio over three years ago, we have been inspired by the creative community that has emerged. The tool was built on one simple belief - that being able to create AR experiences should not be limited to software engineers or design professionals. 85% of registrants were students so it’s very exciting to see this desire become a reality, and to watch the community in India learning, innovating and bringing their ideas to life,” said  Eitan Pilipski, SVP of Camera Platform at Snap.

“With over 1000 lenses submitted, we were blown away by the creativity we saw and are thrilled to announce the winners of our first Lensathon in India. We have been hosting Lens Studio workshops for students over the past year, and believe that AR provides a unique opportunity for anyone to build digital skills. The Lensathon allowed us to reach more creators than ever, and we can’t wait for Snapchatters here in India to discover these new lenses.” said Juhi Bhatnagar, Strategy and Business Development Lead, India at Snap.

"The Lensathon was not just a hackathon, but a pathway for many young minds to acquire new skills like Augmented Reality, and probably make a career out of it. It was one of the most well-received hackathons to have happened on our platform in the last few years. The content provided by the Snapchat team coupled with the hands-on virtual workshops helped the participants understand, and create many incredible Lenses. This hackathon was an amazing outlet for creativity and design. We would love to partner with Snapchat in bigger and larger activities for the Indian developer community," said Subhendu Panigrahi, Co-Founder & CEO, Skillenza.

Lens Studio is a free desktop app launched by Snapchat in 2017, that provides the tools and templates needed to build digital skills, create lenses and share them on Snapchat. Since its launch, over 1 million lenses have been made by the community all over the world.

THE WINNERS

Vishal Yadav, 21, Silvassa
Theme: Indian Summers. Lens: Bubble Blower

Akash Bajpai, 20, Sitapuri
Theme: Work From Home. Lens: Lazylad

Apoorva Pise, 21, Kolhapur 
Theme: Fantasy Land. Lens: Infinity

Kavin Kumar, 21, Bangalore
Theme: Beauty, Cute, Funny. Lens: Pose

Anshika Verma, 21, Ghaziabad 
Theme: Social Cause. Lens: Bellydance

MOST CREATIVE
Altafa Ansari, 21, Prayagraj 
Theme: Fantasy Land. Lens: Cosmic

MOST POPULAR
Karanvir Matharoo, 23, Ludhiana 
Theme: Fantasy Land. Lens: Smokey Blue

Yamaha India Announces “Special Finance Scheme” for Frontline Warriors


Yamaha Motor India group of companies announced a SPECIAL FINANCE SCHEME for the frontline warriors of COVID 19 across all authorized Yamaha dealerships in India on the backdrop of its continued efforts to support the selfless determination of the COVID 19 warriors in protecting and serving the society during this pandemic. The company’s initiative is targeted towards providing exclusive & attractive finance schemes to help raise purchasing conveniences for the frontline warriors. 

The Special Finance Scheme reduces EMI payment by 50% during first 3 months of the new Yamaha two-wheeler purchase from authorized Yamaha dealerships, and thereby moderating the load of first 3 EMIs as a gesture of incentivizing the extraordinary dedication of the frontline warriors. The scheme is valid for all the frontline warriors and can be availed between July 1st to July 31st, 2020. The company’s Special Finance Scheme is announced in the context of Yamaha’s continuous efforts to support the uncountable services made by the frontline warriors in India. 

Earlier, the company has made efforts to run a nationwide Yamaha “Corona Warriors’ Camp” from June 8th to June 22nd, along with special public awareness initiatives like “Thank you frontline warriors” movie featuring dealers, customers and employees, “Thank you” formation in manufacturing facility, sticker messaging campaign and a balloon signage campaign. The dealerships of the company have reopened in various cities and are operational under standard operating procedures.

Atal Pension Yojana: Upgrade/Downgrade of Pension is Now Available Throughout the Year


In its endeavor to make the Atal Pension Yojana attractive and to benefit 2.28 Crore subscribers enrolled under the scheme, PFRDA has asked all banks to process upgrade/ downgrade of pension amount requests of APY subscribers throughout the year with effect from 1st July 2020, however; once in a financial year. This arrangement will enable the APY subscribers to increase/decrease their pension plans as per their changed income levels and capacity to pay APY contributions, which is very important to continue contributions in the scheme till 60 years. Earlier this facility was available only during the month of April of every year.

Apart from the above, from 1st of July, 2020 auto-debit of APY contributions has also started ,which was stopped till 30th June, 2020 due to PFRDA’s circular issued on 11th April, 2020 for providing relief to the APY subscribers from out-break of Covid-19. As per current arrangements, if all the pending APY contributions due between April-August, 2020 get auto-debited from Savings account of the subscribers, latest by 30th September, 2020; then no penal-interest would be charged to them.

Further, in order to enable subscribers to follow social-distancing norms and promote digital utilities PFRDA has also sent one communication to all Banks describing usage and ways to access digital utilities for few functionalities available online for facilitating APY subscribers to access their APY accounts and get various forms without visiting their Bank branch. These functionalities include downloading Upgrade/ downgrade form, PRAN Card Printing, View/download of APY e-PRAN with complete subscriber’s details ,Transaction Statement, APY Subscriber Information Brochure and Subscriber Details Modification Form.  Subscriber’s can also lodge their grievances at Central Grievances Management System (CGMS), download of Mobile Application, access to Youtube videos on APY Ki Pathshala. The information on these features is expected to benefit APY subscribers and empower them to carry out APY related activities smoothly.

The Atal Pension Yojana is launched by Government of India in the May, 2015 and is being administered by PFRDA. This scheme is open to all Citizens of India for joining who are in the age group of 18-40 years, through the bank-branches or post offices where they have their Savings Bank accounts. Under the scheme, a subscriber would receive a minimum guaranteed pension of Rs.1000 to Rs.5000 per month after attaining the age of 60 years, depending upon his contributions. After the death of such subscribers, same pension amount would be paid to the spouse of the subscriber and on the demise of both subscriber and spouse, the accumulated pension wealth as accumulated till age 60 years of the subscriber would be returned to the nominee.

The scheme is currently being distributed through 258 active APY Service Providers consisting of Banks and post-offices as this scheme is only available to those who have a Savings Bank account. PFRDA regularly advises all its APY Service Providers to promote the scheme for its outreach to the ultimate prospective customers. All Public Sector, Private, Regional Rural, Small Finance, Payment and Co-operative Banks enthusiastically participate in the various promotional campaigns run by PFRDA throughout the year.

More than 5 lac new subscribers have been enrolled under APY in first quarter of the FY 2020-21 out of which around 4 lac subscribers joined APY in the month of June, 2020.

Monday, July 6, 2020

Navnit Motors Hosts India’s Largest BMW Premium Selection Facility in Bengaluru


BMW Group India announced the opening of its new BMW Premium Selection (BPS) facility in Bengaluru. The largest BPS facility in India is hosted by Navnit Motors and will display a wide range of pre-owned BMW vehicles. The facility is located at No. 40/66, Sonnappana Halli Bethahalasoor Post, New Airport Road, Bengaluru, Karnataka 562157.

The facility is headed by Mr. Sharad Kachalia, Dealer Principal, Navnit Motors. Navnit Motors also represents BMW India with sales and service outlets in Bengaluru, Mangalore and Mumbai.

Mr. Arlindo Teixeira, acting President, BMW Group India said, “BMW Premium Selection offers an entry into the world of ‘Sheer Driving Pleasure’ for our discerning consumers with complete peace of mind. Each pre-owned vehicle sold under the BMW Premium Selection promises to be a best pick in terms of value, quality and service in the used car market. There is a massive potential in the premium pre-owned car market in India and Bengaluru is one of the key markets for BMW India. With the launch of Navnit Motors - BMW Premium Selection, we are setting a new benchmark in the premium pre-owned car market and bringing JOY closer to our potential customers.”

Mr. Sharad Kachalia, Dealer Principal, Navnit Motors said, “It gives us great Joy to add another important dimension to our business with the launch of the largest BPS facility in India. Strategically located alongside our service workshop, we are certain that the facility will become a choice destination for prospects who want to join the world of BMW. With our deep understanding of the luxury automotive market as well as the pre-owned category in the region, we are confident to play a significant role in the growing success story of BMW in India.”

Since its launch in 2011, BMW Group India has established 24 BPS facilities across the country. BPS offers the finest range of pre-owned BMW vehicles that are carefully selected and comprehensively examined for quality. Every vehicle comes with a full, detailed history about servicing, maintenance and repairs.

The strategically located facility is spread across a total area of 7,500 sq. ft. with a 15 car display, sales lounge and customer lounge. With the industry-leading Virtual Product Presentation (VPP), customers can easily check current vehicle stock, obtain all information such as current mileage, retail price, car specifications and dealer contact data. Additionally, the user friendly interface offers visitors a broad range of search functionalities to select their favourite vehicle.

A range of individual and attractive financing options are available for BPS vehicles. A dedicated team of finance and insurance consultants offer personalised advice and provide suitable financing options as per customers’ needs and future plans. Customers can choose a trade-in offer for a fair exchange value, hassel free documentation and evaluation of vehicle at their doorsteps.

All cars selected under BMW Premium Selection are less than five years old and would have clocked under 100,000 kms. These vehicles come with upto 24 months warranty. BPS owners also have the option of taking BMW India Roadside Assistance which is available 24 hours a day, 365 days a year.

Hyundai Records Landmark 1.5 Million Visitors on ‘Click To Buy’ in India

Online Retail Sales

* Fortifies the ‘Future of New Online Automotive Retail’ in India recording over 1 900 online vehicle bookings
* Strong traction & acceptance of online car buying channel with more than 20 000 registrations and over 20 000 enquiries

Hyundai Motor India Ltd., country’s first Smart Mobility Solutions Provider and largest exporter since inception, announced an overwhelming response for India’s First and Only Comprehensive Online Car Buying Platform Click To Buy that has recorded over 1.5 Million visitors and over 20 000 Enquiries since its launch in March 2020.  

Commenting on the record breaking success of ‘Click To Buy’, Mr. S S Kim, MD & CEO, Hyundai Motor India Ltd., said, “Hyundai is redefining the online automotive retail space with its revolutionary digital sales initiative Click To Buy. The platform has seen outstanding traction, recording over 20 000 Registrations and over 1 900 Bookings is a testament of customer trust in brand Hyundai. With digital buying becoming a ‘New Normal’ during the COVID-19 pandemic, Hyundai will continue to provide smart mobility solutions such as Click To Buy ensuring a seamless online car purchase experience for our customers.”

The customer response on Click To Buy, highlights strong acceptance and showcases comfort of purchasing cars online. The Click To Buy platform has revolutionized the online retail experience and provided unparalleled Future Retail Experience to Indian customers.

With Click To Buy, Hyundai is offering a complete end-to-end online car buying solution that enables customers to purchase cars from the convenience & safety of their homes. Hyundai has also partnered with leading Banks HDFC and ICICI, in India to facilitate application of loans online without the need to visit a Bank/ Branch for approval, all on the Click To Buy platform that integrates over 600 dealerships. 

Aditya Birla Sun Life Insurance launches Child’s Future Assured Plan



Aditya Birla Sun Life Insurance (ABSLI), the life insurance subsidiary of Aditya Birla Capital Limited (ABCL), has launched a one-of-its-kind insurance plan called ABSLI Child’s Future Assured Plan. It aims at assured returns combined with protection, to financially secure a child’s future milestones. 

This child plan offers guaranteed returns and is a non-linked non-participating life insurance plan. ABSLI Child’s Future Assured Plan enables you to plan for child’s two significant milestones - education & marriage by providing the required cash flow to help you meet your goals for your child’s future. It has an in-built Waiver of Premium element that ensures that the policy continues in case anything unfortunate happens to the life insured. This plan offers the flexibility to choose periodic pay-outs of 3, 6 or 9 years to plan for child’s education and a lumpsum at the desired milestone, to plan for marriage. The customer can also avail the option to receive both, guaranteed regular income to plan for their child’s high school, graduation, and post-graduation expenses and guaranteed lump sum as corpus for marriage related expenses.

The plan can be tailor-made and customized basis an individual’s requirement by opting for solutions such as flexible benefit options, premium paying term, death benefit, and additional riders. It offers the choice to enhance risk cover up to 200% of Sum Assured. This plans also enhances the benefits by providing Loyalty Additions of 20% of each pay-out for policies, where all the premiums have been paid through the premium paying term (PPT).

Policyholder can avail assured pay-outs and high sum assured rebate with maximum guaranteed benefits, to plan for his/her child’s education, marriage, or both together by opting from any of the following options:

* Education Milestone: Option to receive guaranteed annual pay-outs for 3/6/9 years as per the need for child’s education preferably on child’s age from 15 to 21 years.

* Marriage Milestone: Option to receive a guaranteed lump sum on maturity for a child’s marriage fund preferably on child’s age from 24 to 32 years.

* Education and Marriage Milestones: Option to receive both guaranteed income and a lump sum for a child’s education & marriage.

Death Benefit: In the event of unfortunate death of Life insured, any premiums due thereafter will be waived off and nominee will continue to receive scheduled Assured pay-outs. The nominee can also avail the option to receive a lump sum of future Assured pay-outs at a discounted rate. 

Commenting on the launch, Kamlesh Rao, MD & CEO, Aditya Birla Sun Life Insurance said, “Building and sustaining wealth corpus for child’s important milestones has always been the topmost priority for every parent. During such unprecedented times, protection for your child’s dreams and goals becomes a matter of utmost importance, hence the need for creating a tailored solution, which provides guaranteed returns for addressing your child’s future needs. We believe that ABSLI Child’s Future Assured Plan is a distinctive product with assured pay-outs, which will cater to suit financial ensure peace of mind”. 

Key Benefits

• Comprehensive planning for your child’s future: Plan for your child’s education, marriage or both life stage needs together under one product
• Guaranteed Benefits: All benefits are fully guaranteed 
• Enhanced value for loyal customer: Get 20% extra on each benefit as & when due as loyalty addition
• Flexibility to plan according to your desired milestone: Pick a PPT & Assured Benefit Payment Term  as per your desired milestone
• Enhanced risk coverage: Choice of enhancing risk cover up to 200% of Sum Assured to provide financial security to your loved ones in case of any exigency. Additionally, enhance coverage through riders.
• Policy Continuance Benefit: We shall pay the monies at your desired milestones and the policy shall continue as is even in  your absence
• High Sum Assured Rebate available

Plan at a glance

Entry Age                 Minimum: 18 Years
                                  Maximum: 65 Years (50 years if Enhanced insurance cover is chosen)

Age at Maturity          75 years
Minimum Premium     Rs. 30,000 p.a.
                                    Max No Limit

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