Maxxis Tyres Partners with HMSI for EXTRAMAXX to be HONDA’s Choice for Hornet 2.0

 * Honda Hornet 2.0 to adorn Maxxis Tyres uniquely crafted EXTRAMAXX Tyres renowned for better handling and speed stability

‘EXTRAMAXX’ developed with World’s Strongest Aramid Fibre Construction and Dual Compund Technology

* Maxxis has already started production of these tyres since July 2020. 

Maxxis India, one of the fastest growing tyres companies in India announced a significant association with Honda Motorcycle and Scooter India by being an exclusive OEM partner for its most awaited launch of this year Hornet 2.0.   

As per this exclusive association, The New Hornet 2.0 BSVI compliant bike will be fitted with tyres – Front: 110/70-17 M6233 and Rear: 140/70-17 M6234. 

The Extramaxx tyre is amongst the best in the industry and is known for smooth ride during long journeys on tough terrains.   Extramaxx, is built using the world's strongest aramid fibre, the same fibre used for making bulletproof vests, leading to better control and minimizes the chances of punctures. Its Dual Compound Compositionminimises rolling resistance while improving stability and tyre life. The unique ‘Carcass Breaker’ structure of Extramaxx makes it two times stronger than an ordinary tyre. The side compound on the rear tyre provides higher traction and better control during cornering.  The Super wide and flatter tyre profile provides a larger contact patch, better grip, and handling at high speeds. 

Commenting on the association, Mr. Bing-Lin Wu, Marketing Head, Maxxis India, said, “We are very excited about this newly forged association with HONDA HORNET 2.0. The product has already generated a lot of anticipation in the India market and EXTRAMAXX tyres will further elevate rider’s experience of driving this juggernaut. Our Extramaxx tyres, made with the World’s Most Advanced Technology Aramid Fibre has already proved its mettle amongst the most rugged terrains and gives the real ‘Thrill of Driving’ with utmost safety and comfort.”   

He further added, “This Made-in-India EXTRAMAXX Tyres will redefine the performance benchmark in the industry and I’m confident that it will become the preferred choice of customers in the time to come.”

Maxxis Tyres being a globally acclaimed brand with over 5-decade-old legacy made inroads into the Indian manufacturing landscape since 2015. It’s ‘Made in India’ products have over the years gathered much respect from within the industry and from two-wheeler manufacturers. 

Maxxis India is targeting to capture a market share of at least 15% of India’s two-wheeler tyre market by 2023. India market is touted to play a vital role in achieving Maxxis’s global vision to become one of the top 5 tyre manufactures in the world by 2026. Apart from catering to the domestic tyre market, the product portfolio from the Sanand, Ahmedabad facility will be exported to South Asia and will further expand to Africa and Middle East countries in the coming years. The company also has plans to set up 5 more plants in India which will also cater to the 4-wheeler tyres market. 

Unlock Exhibition For Survival of the Industry and Revival of the National Economy: IEIA

Indian Exhibitions Industry Association (IEIA), the apex body of exhibiting and trade show industry in the country  has urged the government to immediately to allow organizing exhibitions albeit with all public safety measures for survival of the industry and revival of the Indian economy .

“COVID 19 has adversely impacted the ‘Business Exhibitions’ sector across India with a complete standstill since March 2020 continuing till date. Indian Exhibition sector, which is an important building block for development of trade and economy, plays a vital role to support many industry sectors with 2/3rd of exhibitions held annually being in the B2B segment, which are highly organized and structured in terms of movement of people and goods. The global pandemic has adversely affected the exhibition industry and its economic impact on the country’s trade. “said Mr Balasubramanian, President Indian Exhibition Industry Association (IEIA) .

“Approximately Rs. 300,000 crore of business and related  trade has been affected due to non-holding of exhibitions in India this year with about 15 lakh  estimated livelihoods affected who depend on exhibitions for their sustenance. Approximately 1.5 crore people participate in exhibitions every year in India for their business needs. Huge mass lay-offs, no work orders for the contractual service providers and lack of livelihood avenues for temporary ground workers add to the aggravation of the loss being suffered by the sector.” Said Mr Balasubramaniam .

“Indian Exhibition industry was growing at 10% YOY during pre-covid period.  Industry is deeply impacted and is facing an unprecedented challenge. We are making a clarion call to the Government to extend a supporting hand to this industry so that exhibitions can come back soon and start supporting various businesses.  This would not only boost the India’s vision of “Atmanirbhar Bharat”, but will also enable the revival of the national economy, create jobs as well as bring back the country to its growth path”. Said Mr Balasunramaniam .

Region wise economic impact of exhibitions conducted at the purpose built venues is also being lost by the country.  Bangalore International Exhibition Centre (BIEC) , which is one of the purpose built exhibition venues in India organizes around 40 trade shows and events every year, which generates approx. Rs.2,570 crores of economic activity in Bangalore with direct exhibition spend by exhibitors on space rentals & exhibition services and indirect spend on travel, accommodation, food & beverage and shopping & recreation. Such economic activity, generates around Rs.345 crores of tax revenues for India. The estimated trade and business transactions conducted by industry at exhibitions in BIEC is around Rs.32,300 crores.

Similarly Indian Exposition Mart Limited (IEML) Greater Noida, which is established by the Export Promotion Council for Handicrafts (EPCH), organizes around 44 trade shows and events every year, generating Rs 3,100 crore of economic activity in Greater Noida (UP), and Rs.610 Crore of tax revenues (GST, Excise & Income Tax) for the Government. The estimated trade and business transactions conducted by industry exhibitions in IEML is around Rs. 75,000 Crore.

"IEIA has already prepared Standard Operating Procedures (SOP) to organise safe and secure exhibitions in association with India Trade Promotion Organisation (ITPO) and the same have been submitted to MHA and MOC last month. As Exhibitions require a gestation period of 6-8 weeks to organise, it is vital for the Government to announce a date by when exhibitions can be restarted in a safe and sound environment. The human density for b2b exhibitions are not much different from a shopping mall or a railway / bus station and we can ready to organise shows once we get the necessary approvals," added Mr. Balasubraminan.

Governments in countries like Brazil, which is even more affected by COVID as compared to India, along with various other countries including UK, Italy, Spain, Russia and many others have allowed exhibitions to restart owing to the significant multiplier role of exhibitions on the overall economy.

IEIA, along with many trade bodies that organize exhibitions have approached the union government to allow organizing exhibitions albeit with all public safety measures. With domestic travel and hospitality sector opened up in a phased manner, malls allowed to operate, and no restrictions on inter-State and intra-State movement of persons and goods; positive announcement to restart exhibitions will provide a significant boost to trade and industry sentiments across various sectors and will also support survival of lacs of livelihoods in the country. While exhibition sector was excluded in the list of sectors allowed in Unlock 3.0, Indian exhibition industry appeals and looks forward to Unlocking exhibitions by the Government of India to restart in Unlock 4.0. 

About IEIA- Indian Exhibition Industry Association is the National apex body representing the Indian Exhibition industry that brings together all the stakeholders including exhibition organizers, stand contractors, freight forwarders, services and facilities providers, venue owners etc. so that there is a common platform available to the entire industry to consider ways and means for the sound and scientific development of various facets of the industry. 

Trend Micro Blocked 8.8M COVID-19 Threats in the First Half of 2020

Trend Micro Incorporated (TYO: 4704; TSE: 4704), the leader in cloud security, today released its annual mid-year roundup report, which reveals COVID-19 related threats as the single largest type of threat in the first half of the year. In just six months, Trend Micro blocked 8.8 million COVID-19 related threats, nearly 92% of which were spam delivered via emails. 

Cybercriminals shifted their focus from January through June to take advantage of global interest in the pandemic. The risk to businesses was compounded by security gaps created by a completely remote workforce.  

“The pandemic has dominated all of our lives during the first half of 2020, but it’s not slowing down the cybercriminals,” said Nilesh Jain, Vice President, Southeast Asia and India, Trend Micro. “IT leaders must continue to adapt their cybersecurity strategies to account for increased threats to their new normal. That means protecting remote endpoints, cloud systems, user credentials and VPN systems, as well as refreshing training courses to turn that newly dispersed workforce into a more effective first line of defense.” 

In total, Trend Micro blocked 27.8 billion cyber threats in the first half of 2020, 93% of which were email-borne. Within Asia, India ranked third for encountering the highest number of email threats (438 million).  

Trend Micro also saw the introduction of several malicious COVID-19 related mobile apps during the first half of 2020. Globally and within Asia, India ranked third highest accounting for 7.5% (44,097) of malicious mobile app blocked by Trend Micro. The use of COVID-19-themed traps to deliver malware was also common. India is again ranked third highest contributing to 4.1% (9 million) malware detected by Trend Micro.  

Business Email Compromise (BEC) detections increased by 18% from the second half of 2019, in part due to scammers trying to capitalize on home workers being more exposed to social engineering. 

Among all the threats in the first half of the year, ransomware was a constant factor. Although the number of detected ransomware threats decreased, Trend Micro saw a 36% increase in new ransomware families compared to the same time last year. 

Global organizations have also been burdened by a significant spike in newly disclosed vulnerabilities. Trend Micro’s Zero Day Initiative (ZDI) published a total of 786 advisories, representing a 74% increase from the second half of 2019. Some of these came as part of Microsoft Patch Tuesday updates, which have fixed an average of 103 CVEs per month so far in 2020 — including the largest number of patches ever issued in a single month (129) in June. 

Trend Micro also observed a 16% increase in vulnerabilities disclosed in industrial control systems (ICS), compared to the first half of 2019, which could create major challenges for smart factory owners and other organizations running IIoT environments. 

To effectively protect dispersed corporate networks, Gartner recommends businesses “refine security monitoring capabilities to reflect an operating environment where network traffic patterns, data and system access vectors have changed due to increased remote and mobile operations." Trend Micro XDR helps customers do exactly that by correlating security events across the entire IT environment, which is critical for holistic protection in the second half of 2020. 

3i Infotech’s AMLOCK Named a leader in Compliance Management by IBS Intelligence

3i Infotech Limited (BSE: 532628, NSE: 3IINFOTECH), a global Information Technology company, committed to accelerating business transformation, has been positioned as a leader in Compliance Management in the Annual IBS Intelligence Sales League Table (IBSI SLT) 2020 for AMLOCK, its flagship product for Financial Crime Detection and Management. 

As one of the top two leaders in Compliance Management category, 3i Infotech joins the IBSI SLT Leadership Club. Commenting on the company’s performance, the SLT Panel at IBS Intelligence said, “2019 was an important year for Compliance Management solutions. We are pleased to congratulate 3i Infotech’s AMLOCK for its leadership position in the category of Compliance Management in SLT 2020. The SLT ranking is purely based on sales performance and hence, is a true barometer of market recognition.” 

Speaking on the ranking, Mr. Jatinder Bedi, Vice President and Banking Sales Head, Africa, Caribbean & Canada, 3i Infotech said, “We are delighted to have received this recognition from IBS Intelligence and being positioned as a leader for AMLOCK, our globally acclaimed & end-to-end financial crime detection and management solution. It reinforces our focus to leverage the latest technologies to deliver products of high caliber. We would like to thank our clients who have trusted us and deployed our solutions.” 

Mr. Ravikanth Sama, Global Head - AMLOCK, 3i Infotech said, “As a future-ready organization, we are constantly delivering cutting-edge technology through our products and addressing the dynamic needs of our customers globally. AMLOCK is one such purpose-built, end-to-end solution that is designed to stem the flow of illicit funds and meet the compliance requirements of increasing regulatory oversight. With these capabilities, it offers comprehensive tools to manage customer due diligence, enhance compliance processes, and seamlessly identify & assess customer risk.” 

3i Infotech’s Kastle Digital solution was ranked among Top 10 in Digital Banking & Channels category and Kastle Universal Lending was featured under the Conventional Banking System - Lending category in the IBSI SLT 2020. 

IBS Intelligence is an independent analyst that provides news, analysis & research relating to global financial technology markets. Their Annual Sales League Table showcases the sales performance of banking technology suppliers, objectively ranking products across 6 conventional back office banking technology categories and 8 new focus areas. The IBSI SLT 2020 includes systems purchases made by over 1,700 banks across 240 products from 62 suppliers across the Americas, Europe, Middle East, Africa and APAC. 

About 3i Infotech 

Headquartered in Mumbai, India, since inception in 1993, the Company has been committed to driving business value across multiple industry verticals and has a strong BFSI presence. The company has over 5000 employees in 33 offices across 12 countries and over 1200+ customers in more than 50 countries across 4 continents. With a comprehensive set of IP based software solutions and a wide range of IT services, 3i Infotech has successfully transformed business operations of customers globally. The Company has a very strong foothold and customer base in geographies across Asia, Middle East, Africa, Europe and North America. The company’s global delivery model focuses on the best resources to be drawn from its vast talent pool to offer optimal solutions for today’s agile business environments. 

Its flagship products include Kastle™ (Universal Banking Solution), AMLOCK™ (Financial Crime Detection and Management Solution), MFund™ Plus (Asset Management Solution), Premia™ Astra (Core Insurance Solution) and Orion™ (Enterprise Resource Planning Solution). 3i Infotech provides IT Services across Mobility, Data Analytics, Block Chain, Cloud Life Cycle Management, Testing Services, Infrastructure Management, Application Development & Maintenance, Professional Services, IT Consulting and BPO.  

Innoviti Partners with Visa to Develop Installments Platform for Face-to-Face Transactions

Innoviti announced today that it had entered a partnership with Visa, the leader in payments technology to develop a platform that will enable issuers to extend credit to their cardholders at face-to-face point-of-sale (In India). It provides shoppers the ability to choose how they pay during the purchase with the introduction of a suite of platform capabilities leveraging Innoviti’s uniPAY Next platform and Visa’s APIs. Innoviti and Visa plan to collaborate and pilot a variety of installment use cases as part of this partnership going forward.

The installments platform will help merchants leverage cardholders’ existing relationships with financial institutions to provide installment solutions at the point of sale – through a single API-based integration. This will ultimately help merchants enhance sales, improve customer loyalty and overall cash flow, while offering their shoppers a friction-free payment experience at checkout.

Banks will benefit by leveraging this platform to offer installment solution to its cardholders by simplifying current challenges – reconciliation, settlement, dispute management and scheme design flexibility.

The platform will initially be piloted with one bank and enabled for key electronic merchant chains on Innoviti’s platform. It will subsequently be extended to other banks, merchants, and payment service providers through easy to use APIs using which they more use cases can be developed.

Mass affordability is a recurrent theme for Visa in our quest to extend digital payments across the country. By enabling installment solutions at the PoS terminal and solving for friction that exists today in-store, we want to drive affordability at checkout and build consumer affinity for digital payments. We are excited about this partnership - the fast, intuitive and seamless nature of this installment solution will make it a preferred solution for Indian shoppers going forward”, said Arvind Ronta, Head of Products, India & South Asia, Visa.

“India’s $1Tn consumption happens in a dynamic, vast & fragmented retail ecosystem fueled by the dreams of millions of merchants, large and small.  Bringing installment plans to their point-of-sale using digital payment channels can accelerate their growth, by enabling them to make a difference to the livelihoods and aspirations of their customers.   Key towards this is the need for a platform that is exceptionally designed to be scalable, robust, and easy to access.  We are excited about partnering with Visa to make it happen,” Rajeev Agrawal, CEO, Innoviti.

About Visa:

Visa Inc. (NYSE: V) is the world’s leader in digital payments. Our mission is to connect the world through the most innovative, reliable and secure payment network - enabling individuals, businesses and economies to thrive. Our advanced global processing network, VisaNet, provides secure and reliable payments around the world, and is capable of handling more than 65,000 transaction messages a second. The company’s relentless focus on innovation is a catalyst for the rapid growth of digital commerce on any device for everyone, everywhere. As the world moves from analog to digital, Visa is applying our brand, products, people, network and scale to reshape the future of commerce. For more information, visit About Visa, visa.com/blog and @VisaNews.

About Innoviti

Innoviti Payment Solutions Pvt. Ltd. has been a pioneer in the use of technology to add intelligence to payment transactions, helping extract the full power of digital payments to drive business growth. As consumer centric businesses transform themselves digitally, Innoviti believes that the point of payment will play a pivotal role in connecting merchants to brands and banks, enabling them to discover and deliver new and unique experiences to their common customers. Innoviti’s indigenously developed platform processes over 6.5B$ of offline merchant payments from over 1000+ cities in India, with a volume throughput that is 2X of the country’s average. The company is winner of several awards including Reliance’s Most Promising Growth Consumer Finance Award for its #KuchBhiOnEMI innovation in 2019.  The company has several national and international patents filed for its technology with two awarded.  Catamaran Ventures, India, SBI Capital, Japan, Bessemer Ventures, USA and FMO, Netherlands are investors in the company.  

Aakash Educational Services Limited Unveils First Ever Aakash Student Alumni Portal

Aakash Educational Services Ltd. (AESL), the national leader in test preparation services, has launched the first ever Aakash Student Alumni portal with an aim to connect all the former students of Aakash Classroom program with the institute, faculties and batchmates.  

The portal will serve as an effective point of contact to build communication across geographies. Through this portal, the alumni will receive latest news and updates about Aakash Institute and can keep themselves abreast about the key events happening in the education industry.  

The portal also has some unique features such as a job search window, where the AESL team will share relevant job openings within the institute which will allow the alumni to explore relevant opportunities.  There is also a search feature which will allow students to filter and find their batchmates according to the desired location, designation, which will assist the alumni in connecting with each other. 

The platform will also bring forth some of the encouraging success stories and great milestones achieved by Aakash students to create faith and confidence amongst the new learners. The portal will upload information regarding upcoming events like webinars, conclaves, discussion forums which will allow students to share the invites amongst their peers. The portal is also enabled to organize multiple campaigns like Alumni Meet, Alumni Webinar, Alumni Awards, etc which will ascertain a constant connect between the students, faculties and the institute in the future. 

Commenting on the launch of the portal, Mr Aakash Chaudhry, Director and CEO of Aakash Educational Services Limited (AESL), said: “The Aakash Student Alumni Portal will serve as a great medium to re-establish our connect with past Aakash students who have achieved great heights in their careers across geographies. It will also help us to showcase their success stories and their rich experience will help our present students learn and get inspired. Students, institute and teacher’s relationship is the most humble and pure form of bond which nurtures not only the students but also the institute in its growth. The Aakash Alumni portal will surely build a strong Aakash community in times to come.” 

Esperer Onco Nutrition (EON) Announces Two New Senior Appointments to Strengthen and Lead Cancer Research in India

Esperer Onco Nutrition (EON) announced the appointment of two new senior members for their Research and Development (R&D) team.

Joining the organization are Dr. Vivek Srivastav and Dr. Anubhab Mukherjee. Dr. Srivastav will serve as the Vice-President of the R&D and Operation. Dr. Mukherjee will be serving as the Principal Scientist of the Research and Development division. “We at Esperer are glad to welcome resourceful intelligentsia in our crucial research and development department.  I am sure both Dr Srivastav and Dr Mukherjee will foster and hone the best research practices and help Esperer Onco Nutrition to develop better mediums to offer nutrition at all stages of the critical disease management focussed on cancer”, said Mr. Raktim Chattopadhyay, Founder & CEO at Esperer Onco Nutrition.

Prior to joining EON, Dr. Vivek Srivastav was the Director-Research & Development (Enteral Nutrition), North-East South-East Asia (NESEA), Member of Leadership Team at Fresenius Kabi India Pvt. Ltd. With his strong research experience, Dr Vivek carries MD with PhD in Phytonutrients as education. He promises to add value to the mission of EON as a research organization. Dr. Srivastav said, “I am excited to explore this new opportunity with EON. The vison of whole group and management focus on building science based formulations attracted me the most towards EON.I feel my experience as a researcher coupled with some hands-on experience in corporate functions like regulatory affairs, business development and drug planning could be utilized for the growth of the organization.”  

Dr. Anubhab Mukherjee joins as a Principal Scientist, R&D in Esperer Onco Nutrition (EON) Pvt. Ltd and heads the Hyderabad R&D center for the organization as well. He has a Ph.D. from CSIR-Indian Institute of Chemical Technology, India. He has in-depth experience in the cancer &Nanomedicine space and has been a part of two post-doctoral research in the United States of America (USA). At EON he plans to spearhead the quest for ultimate nutritional care through different delivery mechanisms for cancer patients. A super specialized researcher, academician and scientist Dr. Mukherjee says, “I am motivated to work with Esperer Onco Nutrition and lead a team of bright scientists whose inputs can help me steer my existing knowledge for the larger good of humanity. I am happy EON has given me this career proposal. I may not find the cure, but possibly a better coping mechanism for life with cancer can definitely be my deliverable”.

“As the time has come to prioritise Research in Nutraceutical to put India ahead”, says Founder &CEO Mr. Raktim Chattopadhyay, “I take Esperer Onco Nutrition one step ahead with Dr. Vivek Srivastav and Dr.Anubhab Mukherjee and wish them best of luck for their innovation ”

About EON

Esperer Nutrition strives to champion the role of nutritional therapies that have proven clinical & health economic value, & improve the quality of people’s lives. EON is destined to understand, treat & help prevent a range of medical conditions by leveraging nutrition and life sciences.  

Company  aims to address specific health conditions with special emphasis on Onco Nutrition &  intend to provide a 360 degree solution to global cancer portfolio right from Preventive Oncology to Cancer Disease Management using Nutraceutical as complementary therapy to stage & region specific cancer patients. 

EON aspire to become global pioneer considering Drug-Nutrient  Interaction as major factor in chronic  disease management.