Your clothes Will Now Be 99.99% Covid-19 Virus Free, With Godrej Washing Machines

* As per the test report by an independent lab empanelled with CSIR, Godrej Washing machines can neutralize Covid – 19 along with other allergens and bacteria in just 15 to 20 minutes.

Godrej & Boyce, the flagship company of the Godrej Group’s business, Godrej Appliances, a 63-year young Indian consumer durables manufacturer, has always strived to offer relevant technologies suited to Indian consumer needs. During this pandemic, the brand again rises to the occasion to offer India’s first range of Washing Machines providing more than 99.99% disinfection against Covid-19 Virus. These Godrej Washing Machines can neutralize more than 99.99% Covid-19 Virus in just 15-20 minutes. The test was conducted at an independent lab empanelled with CSIR and displayed more than 99.99% inactivation of the Covid virus. These machines place health and hygiene at the core of its human-centric design, easing consumers’ concerns during pandemic times.

The ongoing pandemic has caused a dramatic shift in Indian consumer behavior when it comes to the priority accorded to safety and hygiene. Consumers are investing time and effort to protect themselves from the Covid-19 virus. Washing needs have increased as consumers are forced to wash clothes more often – each time they step back home. With the increasing number of Covid cases in many parts of the country, consumers are paying more attention to preventive measures and rightly so. 

This unique feature of more than 99.99% Covid disinfection is being offered by Godrej across segments – from semi-automatic (Edge Digi) to Top Loading (Eon Allure Germshield, Eon Audra Germshield and Eon Allure Classic) to Front Load (Eon Allergy Protect) Machines.

All these models have an in-built heater mode with up to 60-degree Celsius Hot Wash coupled with a smart algorithm which together deliver strong germ protection.

Commenting on the above, Mr. Kamal Nandi, Business Head and EVP – Godrej Appliances said, “With rising Covid cases, health and hygiene are paramount concerns of our consumers currently. We have always sought to put forth offerings based on consumer insights and current needs, staying true to the brand philosophy of ‘Things made thoughtfully’. Since the beginning of the epidemic, we have been working on various technologies and innovations, focused on health, hygiene, and effort minimization, to help our consumers deal with the pandemic. In line with the same, our new range of Godrej washing machines can protect our consumers and their loved ones from Covid-19, other allergens and bacteria. Through our offerings, we hope to support our customers in the fight against the pandemic.” 

Mr. Rajinder Koul, Product Group Head – Washing Machines, Dishwashers and Deep Freezers, Godrej Appliances, further added, “We are happy to introduce this range of Godrej washing machines - uniquely designed to cater to the increasing need for protection against germs, allergens and now Covid-19 virus as per the test report of an independent lab empanelled with CSIR. These washing machines provide more than 99.99% disinfection against the Covid-19 virus within just 15 – 20 minutes. These will help consumers cope with the fear of pandemic every day while delivering a superior and hygienic wash. Fully automatic top load washing machines with heater accounts for 40% of the total share in the segment. With these new offerings, we are confident of strengthening our position in this particular segment.”

About Godrej Appliances

Godrej Appliances, a business unit of the highly diversified Godrej & Boyce Mfg. Co. Ltd. is one of the leading Home Appliances players in India. Godrej was the first Indian Company in 1958 to manufacture Refrigerators and has since then, expanded its portfolio across many other categories like Washing Machines, Air Conditioners, Microwave Ovens, futuristic Thermo-electric cooling solutions, Air Coolers, Deep Freezers, highly specialized Medical Refrigerators and more recently, UVC Technology-Based Disinfecting devices and Dishwashers, all powered by the driving philosophy of 'Things made thoughtfully’/ ‘Soch Ke Banaya Hai’. 

This thought extends from human-centric design to planet centric design. Environment is a core value at Godrej Appliances. Both manufacturing units of Godrej Appliances’ - in Maharashtra and Punjab, became the first in the country to win the coveted Platinum Plus Green Co certification for their pioneering green manufacturing practices. 

The brand takes pride in not just its carefully designed products and environment-friendly technologies, but also best in class after-sales service delivered through over 680 service centers and more than 4500 SmartBuddy service experts spread all over the country. 

Hershey India Provides Support With 500 Oxygen Concentrators And Commits $50,000 To Fight Covid

* Partnered with NGOs Give India and Milaap Foundation to assist hospitals with procuring ventilators, oxygen concentrators and oxygen cylinders

* Distributed 500 concentrators across the country     

* Tied-up with India Food Banking Network to distribute fortified beverages and chocolates to frontline warriors

The second wave of the pandemic has seen a rising number of cases and shortages in medical support. To provide continued support during these difficult times, Hershey India Pvt Ltd is distributing one million Hershey products to frontline workers. The products include Hershey’s Milkshake, Hershey’s Spreads, Hershey’s Syrup and Sofit Soya Milk which will be distributed amongst healthcare workers, police forces, frontline workers and the daily-wage community.

Along with this, Hershey India is aiding the medical fraternity by providing 500 oxygen concentrators. The organization is working with NGOs such as the Hemkunt foundation, KVN foundation, Portea, GiveIndia and hospitals to deliver concentrators across the country.

Hershey India has also contributed $50,000 towards providing relief to hospitals and support the Covid warriors in India. The funds have been utilized to partner with renowned NGOs Give India and the Milaap foundation to help hospitals procure medical equipment and to support local NGOs such as Hemkunt Foundation and SaveLife Foundation.

Mr. Herjit Bhalla, Vice President, India and AEMEA, said, “The second wave of Covid caused an alarming health crisis across India and the world. The nation’s front-line workers are everyday bravely fighting the pandemic to keep us all safe. The need of the hour now is for everyone to stand together and support the communities that need the most care in these trying times. This is a small gesture of gratitude and support by Hershey India. We applaud the frontline COVID warriors for their relentless support to save the precious lives of our people and we will continue to extend our support in this war against the pandemic.”

About The Hershey Company 

The Hershey Company, headquartered in Hershey, Pa., is an industry-leading snacks company known for bringing goodness to the world through its iconic brands, remarkable people and enduring commitment to help children succeed. Hershey has approximately 17,000 employees around the world who work every day to deliver delicious, quality products. The company has more than 90 brands around the world that drive more than $8 billion in annual revenues, including such iconic brand names as Hershey’s, Reese’s, Kit Kat, Jolly Rancher, Ice Breakers and SkinnyPop.

For more than 125 years, Hershey has been committed to operating fairly, ethically and sustainably. Hershey founder, Milton Hershey, created the Milton Hershey School in 1909 and since then the company has focused on helping children succeed.

Nutrify Today Joins Hands With The MADSA In Its Pursuit Of Providing Quality Health Products Worldwide

A global name in the nutrition ecosystem, Nutrify Today has played a huge role in fulfilling the sudden surge in demand for health additives and nutraceuticals in the post-pandemic times. It has done so by building strategic relationships with pharmaceutical and nutraceutical industry association bodies of multiple countries, making a rich network of curated market access available for everyone. Nutrify Today is the organiser of many sought-after programs like investor pitch, Nutra bazaar, science workshops and other business events across the globe.

In its pursuit of expanding assistance to nutraceuticals and pharma companies across the globe, Nutrify Today has collaborated with the MADSA (Malaysian Dietary Supplements Association) - a leadership nutraceuticals body in Malaysia. The key objectives of this collaboration are to improve public health by providing quality products, services, and factual information to people, developing awareness of the safety and benefits of complementary healthcare products, and ensuring a suitable regulatory regime for the health supplement industry worldwide.

The association between Nutrify Today and MADSA opens up expedited business opportunities in nutraceuticals between both countries. From 750 million in 2019, the Malaysian nutraceuticals market is projected to reach USD 1.4 billion by 2026. The quantum growth can be attributed to the faster adoption of nutraceuticals in the post COVID era.

Mr. Amit Srivasatava, Founder and Chief Catalyst of Nutrify Today said, “We are in a constant pursuit of enabling and empowering responsible nutrition businesses by making available the infrastructure, curated market access and knowledge required for new Nutraceuticals to thrive. Our collaboration with MADSA is a big step towards our goal - expanding assistance to Nutraceuticals and pharma companies across the globe.”

Nutrify Today is also the proud founder of the world's first i2c platform (Idea to commercialization). It is a curated web-based platform that invites promising pharma and Nutra companies to build new products and identify their supply chain partners. The platform has evidently reduced new product development and go-to market time by 50%.  Nutrify Today enabled business deals of over USD 9 million amongst the nutraceutical industry in the year 2020 alone and has set its targets on USD 133 million by 2024.

Schaeffler Combines e-Commerce, Knowledge Base And Product Catalog In A Single Platform

Research, compare, and order: Schaeffler has optimized its medias online platform with new functions and a new, responsive design 

The platform is structured as a three-tier user model and covers different customer requirements

The content is adapted to the specific countries and available in eleven languages

PUNE | June 9, 2021 | The integrated automotive and industrial supplier Schaeffler has optimized its medias online platform (https://medias.schaeffler.com) in order to provide users even faster and more efficiently with comprehensive information. In addition to information on rolling and plain bearings, linear systems as well as mechatronic, digital and service solutions, medias now also gives Schaeffler customers and interested parties access to selection assistants, configuration tools, and the ordering process itself. 

As part of the enhancement of its user-friendliness, the platform has also been given a simplified navigation and a new and responsive design as well as new content and functions. The three-tier user model structure, which comprises medias, medias Plus, and medias Business, also covers different customer requirements. The content has been adapted for the specific country in each case and is available in eleven different languages. 

Get started quickly without registration: medias

All product information, solutions, and services from Schaeffler’s Industrial division can be found here, and new content is being added constantly. Alongside established engineering tools, several new options are also now available, including the linear configurator which allows the design of linear guidance systems based on the customers’ requirements. All changes and extensions that are made are visually illustrated immediately during configuration. 

For greater performance at no cost: medias Plus

Medias Plus is also available free of charge following a brief registration process. Users can save favorites using a wish list and can directly request a quotation from Schaeffler sales partners. What is more, linear configurations can also be stored and retrieved at any time, and users will shortly receive access to white papers and product training videos. 

For Schaeffler sales partners and direct customers: medias Business

Medias Business is aimed at existing Schaeffler customers, and it provides unrestricted access to the full range of consultation tools and product information and includes an even larger range of product variants. In addition to the simple and direct ordering process, medias Business also includes numerous extras that facilitate commercial processes, such as information about scale prices, real-time availability, and an overview of open orders.

The content available in medias is being successively expanded. Medias is thus increasingly becoming a central knowledge platform. 

Schaeffler has optimized its medias online product catalog with new content and functions as well as a responsive new design.

In addition to comprehensive information about bearings and bearing-related topics, selection assistants, and configuration tools such as the linear configurator shown here, customers also have access to the ordering system itself in the medias online platform.

ROHM’s New Support Site For Designers: Ensuring Functional Safety In Vehicles

ROHM’s new website consolidates 1,000 products under the ComfySILTM brand to support functional safety in automotive systems. Improving the searchability of products and various documents contributes to greater work efficiency for electronic circuit and system designers in the automotive field.

Dedicated ComfySILTM site:

https://www.rohm.com/functional-safety

In recent years, following the acceleration of technical innovation represented by ADAS (Advanced Driver Assistance System) in the automotive sector, it has become necessary to consider functional safety to help prevent accidents. At the same time, in response to the increasing importance to ensure vehicle safety by supporting safety requirements at the device level for onboard electrical systems, a 2nd edition of ISO 26262, the international standard for functional safety, was released in December 2018 that adds a chapter on semiconductor.

ROHM quickly responded to these needs, and in March 2018 successfully acquired ISO 26262 development process certification from 3rd party certification body TÜV Rheinland. Since then, ROHM gradually expanded its portfolio to include documents required for functional safety design, and currently features a lineup of more than 1,000 compatible part numbers.

This new special site consolidates functional safety compliant products under the brand name ComfySILTM that will be used on the web and relevant documents to significantly improve product searchability.

The ComfySILTM brand targets not only vehicles, but also functional safety for other markets as well, and going forward we will expand our lineup products that support functional safety for the industrial equipment field as well.

As the role of semiconductors in the automotive and industrial equipment markets continues to grow, ROHM will strive to manufacture high quality products and contribute to the creation of a safer, more secure, environmentally friendly automotive society through its products.

ROHM Automotive Product Initiatives

Under a corporate objective of ‘Quality First’ established since its founding, ROHM utilizes a vertically integrated production system within the group that infuses superior quality into every process, from development to manufacturing, while also providing reliable traceability and an optimized supply chain. 

We have built a dedicated line for automotive products and carry out development that complies with quality management system (IATF 16949) and electronic product reliability (AEC-Q100/101/102) standards.

In 2015, ROHM began to establish an ISO 26262 process to address functional safety, and in March 2018 acquired ISO 26262 development process certification from 3rd party certification body TÜV Rheinland.

Functional Safety Categories and Documentation

ROHM has identified three functional safety product categories. (Currently, only the automotive field is supported.)

ÿ FS process compliant

A product that has been developed based on an ISO 26262 design process compliant to the ASIL level described in the datasheet.

ÿ FS mechanism implemented

A product that has implemented safety mechanism to meet ASIL level requirements described in the datasheet.

ÿ FS supportive

A product that has been developed for automotive use and is capable of supporting safety analysis with regard to the functional safety.

Provided Materials List

*FS supportive FMEDA does not include analysis such as hardware architecture metrics.

About the ComfySILTM Brand

ROHM launched the ComfySILTM brand for customers involved in the design of functional safety to use products that support SIL (Safety Integrity Level) in a ‘Comfy’ (comfortable) manner, and for social systems' greater safety, security, and convenience to which ROHM can contribute through its products.

ComfySIL™ is awarded to products that conform to the ComfySIL™ concept for functional safety in the industrial equipment and automotive markets.

Full Fee Waiver For Students Of Mahe Who Have Lost Sole Earning Member Due To Covid-19

Manipal Academy of Higher Education has decided to offer full fee waiver as scholarship to its students who have unfortunately lost their father or mother who were the sole earning member of their family due COVID 19 infection during this pandemic. The entire course fee will be offered as scholarship across all programmes for the remaining duration of study. By this MAHE hopes to ensure that such students do not face financial difficulties and will be able to complete their study in time.

Dr H S Ballal, Pro Chancellor of MAHE said “MAHE always stands by its students and supports them in times of difficulties and I am sure that this decision of MAHE will help our students financially when they are faced with sudden unfortunate demise of their father or mother who was the sole earning member of the family due to COVID infection.”

Lt Gen Dr M D Venkatesh, VSM (Retd), Vice Chancellor of MAHE said “By this decision of MAHE, of providing full fee waiver in the form of scholarship, we hope to give some relief to our students who have unfortunately lost their sole earning member of the family and suffered the consequences of this COVID pandemic and MAHE hopes that their financial difficulties are mitigated to an extent.

Global Automotive Supplier Sona Comstar IPO To Open From June 14-16, 2021

* Price Band of Rs. 285 – Rs. 291 per equity share of face value of Rs. 10 each (“Equity Shares”)

* Bid/Offer Opening Date – Monday, June 14, 2021 and Bid/Offer Closing Date – Wednesday, June 16, 2021

* Minimum Bid Lot is 51 equity shares and in multiples of 51 equity shares thereafter

* The Floor Price is 28.50 times the face value of the Equity Shares and the Cap Price is 29.10 times the Face Value of the Equity Shares

Sona BLW Precision Forgings Limited, one of India’s leading automotive technology companies, is primarily engaged in designing, manufacturing and supplying highly engineered, mission critical automotive systems and components to automotive OEMs. The bid/offer period in relation to its initial public offering of Equity Shares (the “Offer”) will open on Monday, June 14, 2021 and close on Wednesday, June 16, 2021. The price band for the Offer has been determined at Rs. 285 – Rs. 291 per Equity Share. The Company and the Selling Shareholder have, in consultation with the book running lead managers to the Offer (the “BRLMs”), considered participation by Anchor Investors, which participation shall be one Working Day prior to the bid/offer opening Date, i.e. Friday, June 11, 2021.

The total Offer size is up to Rs. 5,550 crores with a fresh issuance of equity shares, aggregating up to Rs.300 crores and an offer for sale of equity shares aggregating up to Rs. 5,250 crores, by the Selling Shareholder, namely, Singapore VII Topco III Pte. Ltd. The Company intends to utilize the proceeds from the fresh issue to repay/prepay approximately Rs. 241.12 crores of its identified borrowings, besides general corporate purposes.

The company is a leading supplier to the fast-growing global Electric Vehicle (EV) markets and derived 13.8% revenue from the Battery EV market and 26.7% from the Micro Hybrid / Hybrid market in FY21. Its global market share of BEV differential assemblies in calendar year 2020 was 8.7%. The company is among the top ten players globally in the differential bevel gear market and in the starter motor market on the basis of respective volumes supplied to its end segments in calendar year 2020 and has been gaining global market share across products. According to the Ricardo Report, it serves 6 of the top 10 global PV OEMs, 3 out of top 10 global CV OEMs and 7 out of top 8 global tractor OEMs by volumes. The company has strong R&D, engineering and technological capabilities in precision forging, mechanical and electrical systems, as well as base and application software development. It is diversified across geographies, products, vehicle segments and customers. According to the Crisil Report, the company has the highest operating EBITDA margin, PAT margin, ROCE and ROE in FY20 as compared to top 10 listed auto component manufacturers in India by market capitalization and has consistently delivered more than 26% EBITDA margin and more than 35% average ROE each year over FY19-21. Its operating income growth over FY16-20 has exceeded the average of the same peer set.

The Offer is being made in terms of Rule 19(2)(b) of the Securities Contracts (Regulation) Rules, 1957, as amended, read with Regulation 31 of the SEBI ICDR Regulations. The Offer is being made in accordance with Regulation 6(2) of the SEBI ICDR Regulations, through the Book Building Process wherein not less than 75% of the Offer shall be available for allocation to qualified institutional buyers, not more than 15% of the Offer shall be available for allocation to non-institutional bidders and not more than 10% of the Offer shall be available for allocation to retail individual bidders.

Kotak Mahindra Capital Company Limited, Credit Suisse Securities (India) Private Limited, JM Financial Limited, J.P. Morgan India Private Limited and Nomura Financial Advisory and Securities (India) Private Limited are the BRLMs to the Offer.

All capitalized terms used herein and not specifically defined shall have the same meaning as ascribed to them in the Red Herring Prospectus dated June 7, 2021 (“RHP”) filed with the Registrar of Companies, NCT of Delhi and Haryana at New Delhi (“RoC”).