Saturday, February 6, 2021

Tata Motors Commences Bookings For Its Flagship SUV - The All-New Safari At INR 30,000 From Today


Tata Motors, India’s leading automotive brand, announced that it will open bookings of the all-new Safari starting today. Customers can book this new premium SUV at a refundable amount of INR 30,000 on https://cars.tatamotors.com/suv/safari or visit the nearest Tata Motors Authorized Dealership and be on the priority delivery list. The vehicles are now on display and available for test drives across the company’s dealer network. Furthermore, price announcement and deliveries of the all-new Safari will begin on 22nd February, 2021.

According to Mr. Shailesh Chandra, President, Passenger Vehicles Business Unit, Tata Motors, ‘The new Safari has received a great response especially with respect to its premium design and outstanding comfort in all 3 rows of seats during the preview drives by our media friends. We are gearing up in full power to launch our iconic brand in this new avatar. Starting today, Safari is available for display, test drive and bookings across our network. We are confident that the Safari will instill a feeling of power, prestige and excitement to our customers.”

Creating a storm in the SUV market, the all-new Safari is ready to re-energize this segment with a host of class defining features, such as:

·   Outstanding Exteriors: The Safari’s unique and domineering stance has been enhanced in the new avatar and key areas like the elegant grille, the unmistakable stepped roof and the imposing tailgate have been given ultra - premium finishes. Sculpted impeccably with an uncompromised strong stance, imposing wheel arches and sharp R18 diamond cut alloys give it a robust look. Careful accenting of chrome gives the new Safari a jewel-like appearance.

·   Inviting Premium Interiors: The interiors of the new Safari have been crafted with exquisite deft to convey a classy, comfortable feel via diligently curated choice of features and the intriguing addition of superlative details. This vehicle will come with plush Benecke Kaliko Oyster White interiors paired with Ash Wood dashboard, best-in-segment panoramic sunroof, captain seats and spacious 3rd row seating.

·    Exhilarating Performance: The Safari will come with 170 PS Kryotec Diesel Engine equipped with a 6 Speed Automatic/ Manual Transmission

·    State-of-the-art Infotainment: 9 JBL speakers accompanied by an 8.8” floating island infotainment system

·    Superior ‘In-touch’ interfaces:

o    iRA connected car technology

o    Electronic parking brake with auto hold

o    Boss Mode

The new Safari comes packed with features across trim levels making each variant desirable in its own way. The base XE variant offers dual airbags, all disc brakes, electronic stability program along with hill hold control and roll over mitigation, making it a well-rounded package for all. The sought after Multi Drive Modes & touchscreen music system starts from XM variant onwards.

In addition to the above, the XT variant offers iRA connectivity, R18 alloy wheels, fully automatic climate control and the widest panoramic sunroof in the segment.

Furthermore, the top of the line XZ variant offers xenon HID projector headlamps, terrain response modes, six airbags, electronic parking brakes with auto hold, 8.8” touchscreen infotainment with 9 JBL speakers and a subwoofer, powered driver seat and diamond cut 18” alloy wheels along with the panoramic sunroof, which offers a view like never before from all three rows.

The new Safari further builds on the legacy of prestige and outstanding performance by combining Tata Motors’ Impact 2.0 design language with the proven capability of OMEGARC, an architecture derived from the renowned D8 platform from Land Rover. It has evolved to satisfy the new age SUV customers, who demand arresting design, unparalleled versatility, plush and comfortable interiors, outstanding performance for a modern, multifaceted lifestyle.

Birlasoft Q3 PAT At ₹ 964 Million; Up 39.4% QoQ During 2020-21


* EBITDA at 16.4%, up 34.4% YoY; $ Revenue, up 3.3% QoQ

Birlasoft [BSE: 532400, NSE: BSOFT], a part of the USD 2.4 billion diversified CK Birla Group, reported its unaudited consolidated financial results for the third quarter ended December 31, 2020.

Dharmender Kapoor, Chief Executive Officer and Managing Director, Birlasoft, said, “Birlasoft has delivered a strong financial performance in Q3 FY’21 and has hit the 15% EBITDA margins, earlier than planned. With a clear focused strategy on customer centricity and aligning our sales and delivery in key accounts, we have been able to show a ~20% YoY growth in our top accounts. With the markets showing a steady improvement, our strategic investments in our digital transformation and cloud strategies are starting to pay off with new deal wins. Recognition for our brand from industry analysts and other esteemed forums reinstate our belief that we are heading in the right direction.”

Other Highlights

·  Signed deals of TCV $ 109 M during the quarter

·  Active Client Count at 295, down 86 YoY and down 15 QoQ

o  $ 5 M customer at 21; up by 6, YoY

o  $ 10 M customer at 9; up by 3 YoY

·   Cash & equivalents at $ 138.3 M (₹ 10,108 M), vs $124.3 M in Q2; up $14 M QoQ

·   DSO of 57 days, down by 8 days YoY and 1-day QoQ

·   Birlasoft has switched to the New Tax regime in Q3 for FY 21

o   Effective Tax Rate (ETR) improved 250 bps QoQ

·   Manpower strength of 10,399 as at 31st December 2020 versus 10,010 in Q2’FY21

o  Added 389 professionals QoQ

o  Attrition at 10.9% in Q3’ FY21 versus to 20.3% in Q3’FY20 & 11.4% in Q2’FY21

Deal Wins for the Quarter

·  Selected by a leading US Medical Technology Company for Optimizing its Program Management Centre.

·  Won a Managed Services deal from US Auto Major.

·  Chosen by a US Healthcare major for providing Master Data Management services using Data-as-a-service (DaaS) model.

·  Selected by a Medical equipment major to implement SAP Hybris which would help enhance its customer experience and support global customer and dealer interface portal.

·  Selected by a Global Auto Major to upgrade, implement and support the Oracle R12 stack.

·  Chosen by a leading Global Business Process Services Company deal for implementation of Enhanced Technical Information Management System and integration of warranty system.

·  Selected by a Depositary Major for Application Modernization Services.

·  Awarded by a Global Rating agency deal for Enterprise Risk Solution and Analytics services.

Business Highlights & Recognition

* Birlasoft was recognized as India's Most Admired & Valuable Power Brand Company for the year 2020, at the India Leadership Conclave & Awards 2020.

* Birlasoft named one of the Booming 15 (Global Market) in the 4Q20 Global ISG Index™. Birlasoft has been featured in the Global ISG Index for three times, this fiscal year.

* Birlasoft teams up with Esker, a worldwide leader in AI-driven process automation solutions and pioneer in cloud computing, to offer Esker's comprehensive suite of Procure-to-Pay (P2P) and Order-to-Cash (O2C) automation solutions to enterprises globally.

* Birlasoft and Incorta have entered into a partnership to help organizations transform voluminous data into actionable insights with high speed and accuracy. The partnership enables access to data from across organizations and a streamlined ERP journey for faster, smarter and more valuable business insights

* Birlasoft and Namaste Credit have partnered to help bank and non-bank lenders digitally transform their operations with AI-driven solutions that automate onboarding, underwriting and risk monitoring

* Birlasoft receives SABERA 2020 Award for its community-benefiting Initiative - Project Shodhan. Project Shodhan was set up in 2017 with the aim of achieving zero crop residue burning in the villages of Indian states of Punjab, Haryana, Uttar Pradesh, and Rajasthan. In four years, the initiative has covered 61 villages and 53,000 acres of agricultural land in these "wheat bowl states". This is the third time in a row that Project Shodhan has been acknowledged and appreciated by the SABERA jury members.

About Birlasoft 

Enterprise to the Power of DigitalTM

Birlasoft combines the power of domain, enterprise and digital technologies to reimagine business processes for customers and their ecosystem. Its consultative and design thinking approach makes societies more productive by helping customers run businesses. As part of the multibillion dollar diversified The CK Birla Group, Birlasoft, with its 10,000+ professionals, is committed to continuing its 158-year heritage of building sustainable communities.

Embark On An Odyssey Of A Lifetime: BMW Motorrad Safari 2021 Edition Commences In India


* 50+ hand-picked safari routes for a refined experience exclusively designed for BMW Motorrad owners

* Finest routes, tailored experiences and a chance to create unique and inspiring moments along the way.

* #BMWMotorradSafari #MakeLifeARide #BMWMotorradIndia

BMW Motorrad India has kick-started its unique riding experience – BMW Motorrad Safari 2021 in India. Bringing out the essence of true exclusivity, the Motorrad Safari is designed only for BMW motorcycle owners in India and will offer the ultimate riding escapades on two wheels. 50+ curated riding experiences will be organized across the country offering participants a complete sense of exploration and adventure, with each ride exploring different destinations across the country.

The series started with the BMW Motorrad Dessert Safari from 29-31 January 2021 exploring the trails of the great Indian Thar dessert from Jaipur to Bikaner.  Participants got the most out of this safari with enhancing their riding skills and the confidence that comes with such proven rider safari formats. The safari also included a training session from BMW Motorrad International Instructors Academy (IIA) certified trainer on fundamental techniques of off-road riding and to improve overall riding skills.

Mr. Vikram Pawah, President, BMW Group India said, “At BMW Motorrad, we are passionate about helping BMW Motorrad owners to Make Life a Ride. Owning a BMW Motorrad bike opens a world of experiences for our customers to explore one’s passion for travelling, discovering new terrains and enjoying a sense of freedom. Our aim is to continuously grow the BMW Motorrad community and riding culture here in India and the BMW Motorrad Safari will create outstanding moments, stories and journeys for everyone who is a part of it.”

BMW Motorrad Safari is a tour-based concept for the adventure enthusiast. It not only promises loads of fun but is also helps participants learn new riding skills. It celebrates the freedom of riding and exploring new places along with like-minded individuals.  A once-in-a-lifetime opportunity to experience the ultimate terrains, the hairpin bends, and even the long winding highways. The Safari’s will operate for 2 to 5 days as a point-to-point tour.  Riders will be expected to go at their own pace. Plus, they will also receive invaluable insights along the route. A fully equipped crew with service and medical support will ensure a hassle-free riding experience.

Highlights of the BMW Motorrad Safari 2021 –

· Ride with an exclusive group of BMW Motorrad riders led by an expert trainer and tour manager

· Each ride is open to every BMW Motorrad owner from anywhere in the country

· Pillions are welcome on BMW Motorrad Safari’s

Inclusions of the BMW Motorrad Safari 2021 -

· Finest route covering fantastic roads

· Daily rider briefings

· Rider Welcome Pack (Including official BMW Motorrad merchandise)

· BMW Motorrad support crew (luggage, technical, medical, tire support)

· BMW Motorrad roadside assistance sweep vehicle

· BMW off-road training (in select rides)

· 4-5-star accommodation with all meals (Breakfast, lunch & dinner)

· Free pre-safari motorcycle inspection

Registration for the BMW Motorrad Safari can be made by contacting your nearest BMW Motorrad dealership.

The following regulations apply-

·  The rides are open exclusively for BMW Motorcycle owners.

·  Participants are required to hold a valid driver’s license (at the time of the event).

·  The bike has to be in good technical condition. The organizers are entitled to exclude vehicles that are not fit for the ride.

·  All riders must be equipped with suitable rider gear.

Pine Labs Introduces AllTap App To Empower Small Merchants


 Pine Labs, a leading merchant commerce platform in Asia, today launched AllTap, a feature-rich app that can significantly accelerate digital payments adoption in India. Pine Labs AllTap is a revolutionary new app for small merchants to immediately start accepting digital payments on their NFC-enabled smartphone without the need of any additional hardware. The ‘tap and pay’ feature within the app is secure and is certified by PCI Security Standards Council (PCI SSC), RuPay, Visa, Mastercard and Amex.

While the ongoing pandemic propelled the adoption of digital payments in India, a large and critical segment of small entrepreneurs are still untouched by digitization. Pine Labs AllTap addresses this key segment especially small merchants, home entrepreneurs, street vendors, hawkers, cab drivers, and others who are not ready to invest in a traditional point-of-sale (PoS) terminal to accept digital payments.

Commenting on the launch, B. Amrish Rau, CEO, Pine Labs said, “We heard from small merchants, taxi drivers, self-employed individuals, tuition-givers, and several other solopreneurs, who wanted a simple digital payments acceptance solution. We are proud to unveil AllTap in response to their needs. AllTap comes with a cutting-edge contactless payments technology and requires no additional hardware for merchants to start accepting digital payments. Their NFC-enabled smartphone is now a payments acceptance device. Pine Labs AllTap has tremendous potential to bridge the digital divide not only in India but also in other markets. We are excited to introduce this pioneering app in the market today.”

Sanjeev Kumar, CTO, Pine Labs said, “With AllTap, we are offering merchants a robust PCI SSC-compliant Contactless Payments on COTS (CPoC) solution. This ensures all tap and pay transactions are fully secure. Our PCI SSC-CPoC listing underwent an extensive audit and certification from PCI SSC and leading networks Visa, RuPay, Mastercard, and Amex.”

Using the Pine Labs AllTap, merchants can convert their NFC-enabled smartphone into a payment acceptance device in minutes and avail a host of additional features such as converting a transaction into Pay Later EMIs to increase sales. AllTap is powered by Pine Labs’ robust payment infrastructure which is already trusted by over 150,000 merchants. 

Pine Labs AllTap addresses several pain points of small merchants. Merchant can now switch to contactless digital payment, accept digital payments acceptance during door-step delivery, reduce the checkout time delays through quick tap-and-go payments.

The app requires little documentation for the digital onboarding of merchants, making it a quick to download and use solution. Pine Labs AllTap app is available on Google Play Store and can be downloaded from here: https://play.google.com/store/apps/details?id=com.pinelabs.epos

About Pine Labs

One of Asia’s leading merchant commerce platforms, Pine Labs serves prominent large, mid-sized and small merchants across Asia and the Middle East. The company’s unique cloud-based platform enables it to offer a wide range of payment acceptance and merchant commerce solutions including enterprise automation solutions such as inventory management and customer relationship management. Its stored value platform includes issuing, processing, and distributing digital gift cards for corporate customers around the world. Incorporated in Singapore, Pine Labs’ key investors include Actis Capital, Mastercard, PayPal, Sequoia India, and Temasek. 

My legs Were Shivering When I First Went On Stage: Rajkummar Rao


There are many young talents across the country and then there are some “Wonder Kids”. Shrinika Purohit, a 10—year-old Odissi dancer from Bengaluru, is one such young talent who is making India proud with her skill and passion for dance. So much so that Bollywood actor Rajkummar Rao, who happened to meet her in the upcoming episode of the show Young Genius, was amazed to hear her on-stage stories. The wonder kid who hails from Odisha, has been conferred the Odisha Samman.

When the host of the show Anand Narasimhan asked Shrinika Purohit about her passion for dance, Shrinika was quick enough to engage everyone with her phenomenal stories. Shrinika said, “I used to run on the stage after my mother’s performances. I feel free on the stage and never get nervous. I love the stage and feel it’s my playground. I was just 3-years-old when the Gurujan of Odissi named me a Wonder Kid.”

Rajkummar Rao, who is an extremely popular Bollywood actor and is known for his dancing prowess, was stunned with her story and mentioned that he was frightened when he first went on stage! Rajkummar Rao said, “There was a dance performance in our school and the senior girls were performing. I had to just sit on the stage as Lord Ram. I was just sitting and literally had to do nothing else but my legs were still shivering. I was nervous constantly thinking when will this performance get over. I was very scared as everyone was watching me.”

Catch Shrinika Purohit and Rajkummar Rao engaging in an exciting chat in the fourth episode of BYJU’s Young Genius on 6th February, 2021 (Saturday) and repeat telecast on 7th February on News18 Network!

PNB Reports Net Profit At Rs. 506 Cr, Gross Global Business At Rs.18,09,587 Cr & Global NIM Improved To 3.09 % In Q3FY21

 


KEY HIGHLIGHTS 

Global Business of the Bank at Rs. 18,09,587 Crore as on Dec’20 against Rs. 17,90,640 in Dec’19 with a Y-o-Y growth of 1.1%.  

· Global Deposit of the Bank at Rs. 10,82,156 Crore as on Dec’20 against Rs. 10,74,157 in Dec’19 with a Y-o-Y growth of 0.7 %.  

· Domestic CASA Share improved by 277 bps on Y-o-Y basis to 44.66 % in Dec’20. CASA Deposits grew by 6.4 % on Y-o-Y basis to Rs. 4,70,282 Crore in Dec’20.  

· Savings Deposit grew by 8.4 % on Y-o-Y basis to Rs. 3,99,418 Crore as on Dec’20.  

· Gross Global Credit was at Rs. 7,27,432 Crore as on Dec’20 against Rs. 7,16,483 Crore in Dec’19 with a Y-o-Y growth of 1.5 %.  

· Housing loan grew by 6.5 % on Y-o-Y basis to Rs. 83071 Crore in Dec’20.  

· CRAR as per Basel III increased to 13.88 % in Dec’20 from 12.84 % in Sept’20.  

· Operating Profit grew by 13.9 % on Y-o-Y basis to Rs. 6391 Crore in Q3 FY’21.  

· Net Profit for the quarter is at Rs. 506 Crore as on Dec'20 as against Rs 621 crore as on Sept’20.  

· Global NIM increased to 3.09 % in Q3FY21 against 2.49% in Q3FY20.  

· Cost to Income Ratio improved QoQ to 43.38% in Q3FY21 from 47.87% in Q2FY21. 

· Global Cost of Deposits declined to 4.23% in Q3FY21 from 4.48% in Q2FY21.  

· GNPA ratio at 12.99 % in Dec’20 declined by 44 bps from 13.43 % in Sep’20.  

· NNPA ratio at 4.03 % in Dec’20 declined by 72 bps from 4.75 % in Sep’20.  

· Provision Coverage Ratio (PCR) including TWO improved by 216 bps to 85.16 % as on Dec’20 from 83.00 % as on Sep’20. 

Business Performance in Key Parameters (as on 31.12.2020)  

❖ Domestic Deposits stood at Rs. 10,52,844 Crore as at the end of Dec’20 as against Rs. 10,55,306 Crore in Dec’19. 

❖ Domestic Advances stood at Rs. 7,04,979 Crore as at the end of Dec’20 as against Rs. 7,00,164 Crore in Dec’19.  

❖ Domestic Business stood at Rs. 17,57,823 Crore as at the end of Dec’20 as against Rs. 17,55,470 Crore in Dec’19.  

❖ Savings Deposit stood at Rs. 3,99,418 Crore as on Dec’20 and Current Deposit was at Rs 70,864 crore. 

Priority Sector  

❖ Mandated Credit under National Goal achieved by the Bank in all parameters i.e. Priority Sector 40%, Agriculture 18%, Credit to Small and Marginal Farmers 8% and Credit to Weaker Section 10%.  

❖ Achievement under Priority sector Credit is 42.4% at Rs. 2,84,122 Crore as on Dec’20.  

❖ Achievement under Agriculture is 18.59% at Rs. 1,24,549 Crore as on Dec’20.  

❖ Credit to Small and Marginal farmers target is 8.01% at Rs. 53,623 Crore as on Dec’20.  

❖ Achievement under Credit to Weaker Sections is 11.04% at Rs. 73,933 Crore as on Dec’20. 

Profitability 

❖ Net Interest Income grew YoY by 28.0% to Rs 8,313 crore during Q3FY21 and by 22.4% to Rs 23,539 crore during 9M FY ‘21. 

❖ Total Income stood at Rs 23,299 crore during Q3FY21 and at Rs 71,030 crore during 9M FY ‘21.  

❖ Total Expenditure declined by 10.9% to Rs 16,908 crore during Q3FY21 and by 5.0% to Rs 53,684 crore during 9M’21. 

❖ Operating Profit grew by 7.5% on Y-o-Y basis to Rs. 17,346 Crore in 9M’21. 

Efficiency Ratios  

❖ Global Yield on Advances was at 7.72% in Q3FY21 against 7.88% in Q3FY20.  

❖ Global Cost of Deposits declined to 4.23% in Q3FY21 from 5.19% in Q3FY20 and 4.48% in Q2FY21. 

Asset Quality  

❖ Gross Non Performing Assets (GNPA) has declined to Rs. 94479 Crore as on Dec’20 from Rs. 96314 Crore as on Sep’20.  

❖ Net Non Performing Assets (NNPA) has declined to Rs. 26598 Crore as on Dec’20 from Rs. 30920 Crore as on Sep’20.  

❖ Provision Coverage Ratio (PCR) excluding TWO improved to 71.85% as on Dec’20 from 67.90% as on Sep’20 and 58.25% on Dec’19. Credit Cost stood at 2.05% in Dec’20. 

Distribution Network  

❖ 10925 branches (1967 Metro, 2294 Urban, 2742 Semi-Urban & 3922 Rural). 2 Overseas branches at Hong Kong and Dubai.  

· 13914 ATMs.  

· 12346 BCs 

Capital Adequacy  

❖ CRAR as on December, 2020 improved to 13.88%. Out of which, Tier-I CRAR is 10.90%, CET-I is 10.12% and Tier-II CRAR is 2.98% as on Dec’20.  

· Bank has raised Rs. 3,000 Crore Capital through Tier-II Bonds during Q3 FY 21.  

· Bank has raised Capital through AT 1 bonds of Rs. 495 crore in Jan’ 2021. 

Digitalization  

❖ Mobile Banking users crossed 96 lakh and Internet Banking users crossed 250 Lakh. UPI transactions increased YoY by 23% to 70.18 Crore.  

❖ POS installed increased YoY by 31% to 1,09,266. 

❖ Bharat/BHIM QR Code installed increased to 4,53,859. 

Financial Inclusion  

❖ Amount mobilized under Pradhan Mantri Jan Dhan Yojana stood as below: Particulars As on 31.12.2020 Accounts opened under PMJDY (No. in Lakh) 394 Amount mobilized (Average Balance – Amt in Rs.) 4021  

❖ Enrollment under PMJJBY, PMSBY & APY:- (No. in Lakh) JANSURAKSHA SCHEME ENROLLMENT UP TO DEC’20 Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY) 33.1 Pradhan Mantri Suraksha Bima Yojana (PMSBY) 147.8 Atal Pension Yojana (APY) 13.9 

Amalgamation Update  

Integration of all major applications/systems like CBS, ATM switch, Internet Banking, Mobile Banking has been successfully completed.  

❖ 174 surround applications have been made live.  

❖ Payment system integration of NEFT/RTGS, IMPS, UPI, NACH/ECS, BHIM has been completed.  

❖ Best fit digital solutions of PNB, e-OBC and e-UNI rolled out to all bank customers upon migration: Internet Banking (Retail & Corporate), PNB One, UPI, PIHU, M- Passbook, Tab Banking. 

New Initiatives Undertaken  

❖ Gram Sampark Abhiyan – (Launched on 2nd October 2020): 11 Lakh customers contacted in around 30000 camps with increased Credit sanctions, digital on-boarding and Enrolment for Social Security.  

❖ Launch of Digital Lending Solution-PNB LenS: Bank has /customized IT based Loan Management System i.e. PNB LenS (The Lending Solution) to speed up and maintain consistency in underwriting standards in loan processing and sanctioning of credit proposals.  

❖ To accelerate the growth of forex business, Bank launched Trade Finance Redefined Portal. Fx-Retail portal is also being popularized for direct access to Interbank market. ❖ Fintech Initiative: PNB joins hands with IIT Kanpur to set up Fintech Innovation Centre to conduct research and develop technological solutions for addressing the challenges & explore opportunities in BFSI gamut. 

Awards and Accolades  

❖ ET-BFSI Excellence Awards 2020- Most Innovative Public Sector Bank of the Year. ❖ IBA Banking Technology Award 2020 – Winner of the Most Innovative Project Using Technology - PNBOne  

❖ DSCI Excellence Award 2020 under the Category “Security Leader of the Year Banking”  

❖ IBA Banking Technology Awards 2020 - Runner Up in Best Use of Data and Analytics for Business Outcome in Large Bank Category 

Social Media Presence of the Bank:  

(No. of Followers) ❖Facebook: 9,85,945 (https://www.facebook.com/pnbindia/) ❖Twitter: 1,77,946 (https://twitter.com/pnbindia)  

❖LinkedIn: 67,292(https://in.linkedin.com/company/pnbindia)  

❖Instagram: 57,399 (https://www.instagram.com/pnbindia/)  

❖Youtube: 47,993 (https://www.youtube.com/pnbindia) 

Kansai Nerolac Paints Announces The Launch Of Nerolac Excel “Multi Surface Protection Sheets”


Kansai Nerolac Paints Ltd. (KNPL), one of the leading paint companies in India is proud to present its latest groundbreaking innovation, the Nerolac Excel “Multi Surface Protection Sheets”. Nerolac has consistently worked towards innovations and promoting transformation and environmental sensitivity through its product portfolio and customer awareness campaigns.  

The Nerolac Excel ‘Multi Surface Protection Sheets’ are truly unique. With benefits ranging across anti-bacterial, anti-viral properties to odour and humidity control, these sheets can be used on a variety of surfaces inside homes such as wardrobes, study tables, shoe racks, doorknobs, milk baskets, staircases, dustbins and more. These sheets are available in two convenient sizes and price points including A4 (MRP Rs 800/-) and A2 (MRP Rs 2000/-) on the Nerolac brand store on Amazon & paint selling outlets.  

Commenting on the launch, Mr. Anuj Jain, Executive Director, Kansai Nerolac Paints Ltd. said, “Consumers are increasingly looking for solutions that can improve quality of life at home. Occurrence of odour, humidity and germs cause many household problems related to health & hygiene. Most of the solutions available in the market provide temporary relief and prove to be a drain on household budgets. Nerolac Excel “Multi Surface Protection Sheets” are designed to offer solutions for a variety of household issues and are a convenient way to improve health & hygiene of our homes for a longer period. We are confident that Indian households will appreciate this innovation and try it.” 

The Nerolac Excel “Multi Surface Protection Sheets” is yet another offering by Nerolac in its attempt to offer its consumers a healthy and germ-free environment. The company remains committed to its purpose of building environments for a healthy and beautiful future. 

About Kansai Nerolac Paints Limited: 

With a rich heritage of 100 years in the paint industry, Kansai Nerolac Paints is one of the largest paint companies in India and the leader in industrial segment. A wholly owned subsidiary of Kansai Paint Co. Ltd., Japan, which is among the Top 10 companies worldwide, Kansai Nerolac manufactures a diversified range of products ranging from decorative paint coatings for homes, offices, hospitals, and hotels to sophisticated industrial coatings for industries. Kansai Nerolac has established itself as a leader in product innovation with its initiatives including no added lead, low VOC and HD finishes with brands like Excel. Its product portfolio and customer awareness campaigns promote environmental sensitivity. www.nerolac.com 

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