ReNew Power Spends Rs 1.1 Crore Towards Covid Relief In Karnataka

* 50 Oxygen Concentrators handed over to Karnataka State Medical Supplies Corporation Limited

ReNew Power Private Limited (“ReNew Power” or the “Company”), India’s leading renewable energy company today announced that it has undertaken relief work worth approximate Rs 1.1 Crore towards COVID relief in Karnataka. Representatives from ReNew Power met the Hon’ble CM, Mr. BS Yadiyurappa and briefed him about the various activities undertaken by the company in partnership with various state agencies for COVID relief. 

As part of its efforts to work with communities in the state, ReNew Power is donating 50 Oxygen Concentrators of 10 Litre capacity and PPE kits to the Karnataka State Medical Supplies Corporation Limited (KSMCL) for deployment in rural districts of the state immediately. The company will also donate 1 lac PPE kits for supporting the rural healthcare initiatives of the state.  

The company will also provision for 10 beds in Bidar and Gadag districts each, and assist the district hospitals at Davangere, Dharwad, Raichur and Yadgir with fully equipped ambulance besides supporting rural hospitals in Belgavi, Dharwad, Ballari, Tumkur, Gadag and Bagalkot with PPE Kits and sanitisers

Speaking about the Initiative, Ms Vaishali Nigam Sinha, Chief Sustainability Officer, ReNew Power and Chair, ReNew Foundation said, “ReNew Power is committed to extending its support across the country to fight the pandemic. We are delighted to be a part of state governments efforts to augment and strengthen the healthcare infrastructure in the state and will continue to extend all necessary support to the state administration.”

As an employee centric organisation, ReNew Power has also taken several proactive measures to preserve the well-being of its employees. It is getting employees, their families and support staff vaccinated. ReNew Power’s CMD, Mr Sumant Sinha recently announced that the company will provide 100% salary for the first three months and 50% of salary for the next two years, to the spouse or parents, of an employee who loses his life due to COVID. It is also reimbursing children’s scholarship for education-tuition fee and providing education assistance to the spouse of the deceased.

About ReNew Power:  ReNew Power is India’s leading renewable energy independent power producer by capacity and is the 13th largest global renewable IPP by operational capacity. ReNew develops, builds, owns, and operates utility-scale wind energy projects, utility-scale solar energy projects, utility-scale firm power projects and distributed solar energy projects. As of March 31, 2021, ReNew Power had a total capacity of close to 10 GW of wind and solar energy projects across India, including commissioned and committed projects. ReNew has a strong track record of organic and inorganic growth. ReNew’s current group of stockholders contain several marquee investors including Goldman Sachs, CPP Investments, Abu Dhabi Investment Authority, GEF SACEF and JERA.

Jimmy Mistry Launches World’s First Business Platform, Della Leaders Club (DLC) To Create A Global Community Of Entrepreneurs

 ●       As a part of its first round of fund-raising, Della Leaders Club aims to raise Rs. 50cr in three months

●        With over 2000  Global Honorary Committee members already on board, the platform is set to launc 26 knowledge domains in 15 cities across the world in Phase I Members comprise entrepreneurs, professionals and young leaders who aim to contribute and give back to society

●        DLC will focus on knowledge exchange, lifestyle guidance and social responsibility while building a support ecosystem for leaders globally

Mr. Jimmy Mistry, innovator, design thinker and social entrepreneur announced the launch of Della Leaders Club – world’s first technology enabled global business platform designed to create a robust support system for leaders across industries globally.

The platform was formally inaugurated in Lonavala on Saturday, June 12, 2021 in the virtual presence of Mr. Nitin Gadkari, the Hon’ble Minister for Road Transport & Highways and for Micro, Small and Medium Enterprises, Government of India, Mr. Aaditya Thackeray, the Cabinet Minister of Tourism and Environment for the Government of Maharashtra, along with business and domain leaders from across the world.

Speaking at the launch, Mr. Nitin Gadkari said, “Knowledge is power and the conversion of knowledge into wealth is the future of this country. I congratulate my friend, Jimmy Mistry, who has launched the World's 1st Business platform called Della Leaders Club (DLC) to help leaders in the post-pandemic world. The DLC platform will surely create a a new vision for the young leadership and entrepreneurship in the world.”

Mr. Aditya Thackeray lauded the new venture and commented, “My heartfelt congratulations to Jimmy Mistry on the setup of the Della Leaders Club. Kudos to your creativity! The World’s 1st Business Platform will connect organizations and bring the best of the world to our own country apart from social impact. Today with COVID, the biggest impact anyone can have is by way of job creation to sustain families and keep things going. I wish the DLC all the best.”

Being a first-generation entrepreneur, Jimmy strongly believes that modern leaders, especially in the post pandemic world, will benefit greatly from the knowledge and experiences from global leaders. His vision for DLC is to create an exclusive and secure global community of leaders that will help each other evolve from a life of success to a life of significance.

"After designing for some of the world's most successful entrepreneurs, corporate professionals, celebrities and socialites over the last 25 years, I observed that they were hungry to learn and stay ahead of the curve. We live in a volatile world and I realised that leaders, across industries, need a support system that will empower them. This platform goes beyond just networking and focuses on knowledge development along with community outreach" said Mr. Mistry, Founder and Chairman of Della Leaders Club. 

About Della Leaders Club

Della Leaders Club has over 2,000 Global Honorary Committee Members across 15 cities globally. Cities include New York, London, Dubai, Hong Kong, Singapore, Bangkok, Mumbai, Delhi, Bengaluru, Hyderabad, Chennai, Kolkata, Pune, Ahmedabad, Indore.

The purpose of the technology platform is to give ready-to-apply business knowledge across 26 committees comprising 13 business committees and 13 lifestyle committees covering the latest trends to keep business leaders ahead of the curve. DLC concept has already gone viral, hence we have successfully been able to onboard men and women of eminence coming from IVY leagues and their alumni associations to 9 unicorn start-up founders, EO, YPO members, Forbes listers, NYC Best Sellers, Grammy Award Winners, Top Government Attorneys and UN affiliates. The organization lives by an ethos of diversity and equality that encompasses all nationalities, faiths, genders, ages and areas tied together by the spirit of entrepreneurship. 

Virtusa Corporation Introduces Its Annual 2021 Trend Almanac

Virtusa Corporation, a global provider of digital strategy, digital engineering, and IT services and solutions that help clients change and disrupt markets through innovation engineering, today announced the findings of its fourth annual Trend Almanac. The Almanac, which is available now, features the technologies and developments that will dominate the business and consumer landscape through 2021.

For the 2021 Trend Almanac, Virtusa identified seven technologies and trends that business can leverage to achieve success in the new post-pandemic era. The Almanac includes detailed specifics and examples designed to help guide businesses to the right path for their success in these challenging times. The major trends identified by Virtusa technology and business leaders are Digital Identities, Edge Computing, Lending 2.0, Doctor AI, Future Fit Innovation, AI Battle for Cybersecurity and Programmable Realities.

Senthil Ravindran, Executive Vice President & Global Head of Cloud Transformation and Digital Innovation, Virtusa said “Going into 2020, businesses were experiencing a time of intense digital transformation. With the arrival of the global pandemic, this pace of transform ascended to new levels. Now, remote work is the new norm, video is the new conference room, and businesses are scrambling to not only catch up but to set themselves for long-term success. With the 2021 Trend Almanac, our hope is to provide technology leaders with a new way of thinking that guides them to begin their journey on the right footing.”

Technology Trends for 2021:

I. Digital Identities: Bringing Law and Order to the World of Virtual Identification - Digital identities are vital, but success requires a Trust Framework that introduces new guidelines and solutions that provide both law and order.

II. On the Edge: The Promise of Near-Zero Latency - Edge computing will deliver the ability to process data intelligently as near as possible to the source, creating an IoT that will deliver practical benefits to vast groups of people worldwide.

III. Lending 2.0: A New Era for Lending - In the post-pandemic world, banks much protect themselves from potentially devastating losses using COVID Threat Scores while simultaneously serving as a trusted advisor that helps SMBs rise to prominence once again.

IV. Doctor AI: is Ready to See You Now – Saving Personal Care with Artificial Intelligence: As patients experience the convenience of remote and digital care solutions, providers and payers will rethink their healthcare delivery models, embracing AI for mental and digital health along with high-end encryption and multilayer cybersecurity protection.

V. Future Fit Innovation: The III Wind of Mass Disruption Sparks Leaner Innovation Practices - Companies are embracing the idea of a permanent remote or hybrid workforces and to prepare for this future, business and IT leaders are turning to Lean Innovation.

 VI. The AI Battle Over Cybersecurity: Enterprise Versus Hacker - As cyberattacks continue to become more complex and persistent and AI will play a more prominent role in helping businesses take an aggressive approach to predict, detect, and remediate threats to maintain secure enterprise.

VII. Programmable Realities: Our Lives in the Metaverse - In 2021, more industries will successfully utilize VR headsets and AR apps to transform how they approach health and well-being, learn new skills, socialize, and consume entertainment

Link to Virtusa Trend Almac 2021: https://www.virtusa.com/2021trends?utm_source=yext&utm_medium=onsite-search

About Virtusa

Virtusa Corporation is a global provider of digital business strategy, digital engineering, and information technology (IT) services and solutions that help clients change, disrupt, and unlock new value through innovation engineering. Virtusa serves Global 2000 companies in the Banking, Financial Services, Insurance, Healthcare, Communications, Media, Entertainment, Travel, Manufacturing, and Technology industries.

Virtusa helps clients grow their business with innovative products and services that create operational efficiency using digital labor, future-proof operational and IT platforms, and rationalization and modernization of IT applications infrastructure. This is achieved through a unique approach blending deep contextual expertise, empowered agile teams, and measurably better engineering to create holistic solutions that drive business forward at unparalleled velocity enabled by a culture of cooperative disruption.

TECNO Announces ‘Jeetega India Phirse’ Social Initiative; Strengthens India’s Fight Against Covid-19

* Collaborates with NGO Sarvhitey to support underprivileged communities, TECNO is committed to reach out to 30,000+ people

TECNO, the global premium smartphone brand, today announced its social initiative, ‘‘Jeetega India PhirSe’with which the company will undertake multiple necessary & relevant steps to strengthen India’s fight against COVID 19. The initiative will help spread awareness of COVID19 prevention, treatment & vaccination to 30,000+ people living across several Villages in district Ghaziabad, UP. 

As part of the initiative, TECNO is conducting health information workshops to support the people of these villages in tough times to keep their families safe from covid and make them aware about vaccination. The company will also provide them with health kits comprising of essentials such as masks, gloves, sanitizers, handwash and a ‘COVID care booklet’ with all relevant Government helpline numbers & guidance for emergency protocols. 

Commenting on the initiative, Mr. Arijeet Talapatra, CEO of Transsion India, said, “These are trying times, and it's absolutely necessary for us to do everything we can to lend a helping hand to take care of the worst hit strata of our population. More than half of India’s population lives in villages but due to lack of information and health care facilities they stand at a higher risk to get infected. TECNO believes in the spirit of nation power to fight back and will to win. Through TECNO’s ‘Jeetega India Phirse’ campaign the brand is committed to reach out to 30000+ people living in these villages of UP. Along with our NGO partner Sarvhitey we are conducting door to door services and various workshops with medical practitioners to educate them about pandemic prevention & healthcare regime.”

The safety and well-being of consumers, employees, partner network and the communities that we operate in has been a priority for us in everything that we do. This initiative will foster the much-needed awareness of important COVID19 related safety protocols as well as grant resources to those who need it the most. We will continue to do our part and support as many people as possible, to ensure people have the right information & means to sustain themselves and their loved ones, during these testing times and make India win again.”

Parallelly, as part of its efforts to support the company’s internal & external stakeholders, TRANSSION also announced multiple interventions for the Health, Safety and wellbeing program such as: distribution of COVID health care kits, COVID Vaccination camps, Annual COVID Insurance coverage policy for 3500 front line members and 24*7 online doctor consultation for COVID treatment & other medical support to employees & their families.

Earlier this year the company also re-initiated its unique Doorstep Delivery Initiative with the largest retail network of 50,000+ outlets PAN India, enabling consumers to purchase TECNO smartphones from the comfort and safety of their homes. TECNO also extended the warranty period on those TECNO smartphones whose warranty was to expire between 15th April – 15th June, 2021. 

About TECNO

TECNO Mobile is a premium smartphone brand from TRANSSION Holdings. With “Stop At Nothing” as its brand essence, TECNO is committed to unlocking the best contemporary technologies for progressive individuals across global emerging markets, giving them elegantly designed products that inspires consumers to uncover a world of possibilities. TECNO understands the needs of consumers from different markets and provides them with localized innovations which is demonstrated through their mastery of serving consumers who are “young at heart” and never stops pursuing excellence. TECNO’s portfolio spans across smartphones, smart wearables and AIoT devices made for consumers in over 60 emerging markets across the world. TECNO is also the global Official Partner of Manchester City Football Club. 

Covestro Supports Climate Targets Of The Automotive Industry

* Innovative material solutions promote Circular Economy

* Market launch of the world's first climate-neutral polycarbonate

* Use of alternative raw materials and energies

* Chemical and mechanical recycling technologies

The automotive industry is currently facing major challenges: It has to do its share to meet the European Union's stricter climate targets, preserve natural resources and increase the lifespan of vehicles. Concurrently, consumers' demands regarding the design, comfort and functionality of automobiles are also increasing. Covestro is working towards innovative and more sustainable material solutions and recycling technologies to meet these requirements and build a Circular Economy, and will be showcasing them at the VDI PIAE 2021 international trade congress on September 8 and 9.

"Our aim is to introduce the world's first climate-neutral polycarbonate plastics this year," Jochen Hardt, Marketing Mobility Covestro, told media representatives. 

"This is an important step in achieving our vision of becoming fully circular. At the same time, we offer products and solutions that combine outstanding performance, cost efficiency and sustainability designed to help our customers in the mobility industry succeed in achieving their sustainability goals."

World's first climate-neutral polycarbonate

The polycarbonates are climate neutral "from the cradle to the factory gate" thanks to the introduction of raw materials sourced from mass-balanced biowaste and residues, as well as renewable energy accumulated during the production process. Covestro is already offering ISCC Plus-certified polycarbonates, which are attributed to renewable raw materials using the mass balance approach and enable a considerable reduction in the carbon footprint.

By incorporating renewable energy, Covestro will probably fully reduce CO2 emissions from the cradle to the factory gate for these selected products. The products have the same high quality and performance as fossil-based polycarbonates and are a drop-in replacement without having to change existing processes or workflows.

Covestro has also collaborated with partners to develop polyurethane raw materials in which up to 20 percent of the petroleum-based raw materials previously used are replaced by the climate gas CO2. Applications of such polyols, called cardyon®, are also currently being developed in the automotive sector. Partially bio-based precursors for automotive clear coatings from the Desmodur® N range also contribute to circularity as alternative raw materials.

Innovative recycling technologies

Plastics recyclates are an important building block in significantly reducing a car's carbon footprint from raw material and component production through the use phase to recycling. In addition, Covestro is increasingly driving forward the development of chemical recycling technologies. A decisive factor in the success of such developments is that the products satisfy the high quality requirements and specifications of the automotive industry. Covestro supports the mechanical and chemical recycling of plastics through its role as a member in associations such as the Circularise Plastics project group. This group's goal is to establish a new standard for the traceability of plastics back to the raw material.

SBI General Insurance Enters Into “Bancassurance Tie-Up With IDFC FIRST Bank”

SBI General Insurance, one of the leading General Insurance companies in India, has signed a Corporate Agency agreement with IDFC FIRST Bank, for distribution of non-life insurance solutions.  

Under this strategic agreement, SBI General Insurance will offer insurance products such as Health, Personal Accident, Home, Motor and Travel along with the commercial line of insurance products such as Property, Marine and Engineering Insurance, to the Bank’s customers. 

Amar Joshi, Head – Emerging Business Lines, SBI General Insurance, shares, “We are happy to further strengthen our distribution network through this partnership and look forward to achieve new milestones. This will help us extend our range of products to a larger customer base. Our overall aim continues to remain the same i.e. to enhance insurance penetration in the country by ensuring access to all.” 

Amit Kumar, Head – Retail Liabilities, IDFC FIRST Bank, said, “We are pleased to associate with SBI General Insurance and bring more value-added products and services to our customers. The expansion of our non-life insurance portfolio could not have come at a better time as it provides our customers both health and wealth protection and complements our existing wealth management offering.” 

IDFC FIRST Bank has a digital first approach and serves customers through its state-of-the-art netbanking platform and an intuitive, user-friendly mobile app, which complement its nationwide branches, ATMS and loan centers.  

About SBI General Insurance Company Limited:  

SBI General is one of the fastest growing private general insurance companies, with the strong parentage of SBI, we, at SBI General Insurance, are committed to carry forward the legacy of trust and security; and have a vision is to become the most trusted general insurer for a transforming India. Ever since our establishment in 2009, from 17 branches in 2011, we have expanded our presence to over 137 branches pan-India. Till date, we have served around 8.7 crore customers.  

We follow a robust multi-distribution model encompassing Bancassurance, Agency, Broking and Retail Direct Channels. On the distribution network front, we have strong distribution partners adding up our reach to every nook and corner of India, with SBI’s over 22000 branch network, Agents, other financial, OEM and digital partners. We currently serve three key customer segments viz. - Retail Segment (catering to Individual & Families), Corporate Segment (catering mid to large size companies) and SME Segment; and are future-ready to serve the growing needs of Indians with new age-processes and services at affordable prices.  

SBI General Insurance closed the financial year 2020-21 with a Gross Written Premium (GWP) of Rs. 8312 crore with a growth of 22% and net profit of the Company grew by 32%. The company has shown steady growth for the past 4 years, while maintaining positive track record of underwriting.  

Sony Entertainment Television Brings The Global Blockbuster – Shark Tank To India

* World’s No. 1 Business Reality Show that has reinvigorated start-ups in over 40 countries since launching in 2001, gears up for its very first season in India

To register and participate in Shark Tank India, download and log in to SonyLIV

The Sharks are coming to town, to make a deal. All you need is a good business pitch! Sony Pictures Networks India has acquired the rights for the Indian adaptation of the globally successful business reality format – Shark Tank, which will be aired on Sony Entertainment Television. The format has reinvigorated businesses in over 40 countries since its first launch in 2001. With over 180 seasons; winning over 30 awards globally, Shark Tank is the world’s No. 1 Business Reality Show. Making a headway into India, the fastest growing and the third largest startup ecosystem in the world, Shark Tank India will be produced by StudioNEXT. Online registration for the very first season of Shark Tank India is active only on SonyLIV.

Bursting with new ideas and enthusiasm, Indian entrepreneurs have been showing great potential in attracting active investments. With more and more Indian companies achieving the unicorn status, new-age emerging businesses in the country are grabbing the limelight. India is a conducive market for a concept as unique as ‘Shark Tank’ where business ideas, business prototypes or active businesses will get propelled into reality by experienced investors and business experts.

Ready to dive into the Shark Tank? Follow a simple, four-step process to try your luck in turning around your business idea, business prototype or active business into a successful reality!

STEP 1 - ONLINE APPLICATION

Download or update the SonyLIV app and fill the Shark Tank India registration form by following the instructions mentioned on the app and accept the terms and conditions. Mention your business idea. If you hook the Shark Tank team with your idea, you will proceed to the next step.

STEP 2 - THE PITCH

In this stage, the Shark Tank team will get to know the applicants and their business ideas better. The applicants will have to tell the team what makes their business idea extraordinary and why is it worth investing in! This will have to be done in the form of a compelling video pitch (3 min long) which will decide whether the idea is worth making the cut on Shark Tank India.

STEP 3 – THE AUDITION

The selected applicants will go through a round of auditions with the Shark Tank team which will be the penultimate step towards making it big on the first ever season of Shark Tank India.

STEP 4 – THE SHARK TANK

This is the ultimate test of perseverance. The selected applicants or the ‘Pitchers’ in this stage will find themselves face-to-face with the ‘Sharks’ or the investors who will understand, assess and make an offer based on the applicant’s final ‘pitch’.

Since its first launch in 2001, as Tigers of Money in Japan, created by Nippon TV the format was later adapted as Dragon’s Den in 2005 in the UK and the show premiered in the US as Shark Tank in the year 2009.

The format is distributed internationally by Sony Pictures Television.

Comments:

Danish Khan, Business Head – Sony Entertainment Television, Digital Business & StudioNEXT

We are delighted to bring the globally renowned business reality show Shark Tank to India, and this is the perfect time to launch Shark Tank India. Last few years have seen the emergence of an exciting entrepreneurial ecosystem in India. Innovative business ideas, risk taking appetite and a funding infrastructure is getting built – Shark Tank India will further accentuate, encourage and strengthen this outlook by providing a platform for entrepreneurs or aspirants to showcase their ideas directly to the potential investors (Sharks) and make it big.

About Sony Entertainment Television:

Sony Entertainment Television (SET), one of India's leading Hindi general entertainment television channels, is a part of Sony Pictures Networks India (SPN). Since its launch in October 1995, SET has created a unique space of being the ‘Thought Leader’ in the Indian Television industry with path breaking content and innovation in the entertainment business.

Over the years, SET has continued to bring forth an impressive array of impactful urban stories delivering on the promise of novelty, variety and quality with finite shows like Jassi Jaisi Koi Nahin, Heena, Bade Acche Lagte Hain, Kuch Rang Pyaar Ke Aise Bhi, Patiala Babes, Beyhadh, Ek Duje Ke Vaste, Mere Dad Ki Dulhan and several others. Apart from these, socio-mytho and historical shows like Mere Sai, Vighnaharta Shree Ganesh, Porus, Chandragupta Maurya, amongst others have also enjoyed a positive viewership.

SET pioneered new waves in television programming with home-grown formats like Super Dancer - which has successfully completed three seasons, Superstar Singer and the most recent - India’s Best Dancer. Furthermore, SET revived Kaun Banega Crorepati, which redefined its weekday appointment viewership, along with shows like Indian Idol, The Kapil Sharma Show, Comedy Circus and Dus Ka Dum which strengthened its weekend leadership.

SET, known for its innovative concepts and exciting formats, is the most preferred premium family entertainment channel reaching 62 million households in India. SET and SET HD are the Top 2 channels driving viewership from premium homes as per BARC PrimaVU. SET is the only media brand to rank fourth, after Samsung and Apple, as the Most Desired Brand of 2020 as per TRA study.

SET’s international feed is available across US, UK, Africa, Europe, Canada, Australia, New Zealand, Singapore, Nepal, Bangladesh, Maldives, Malaysia, Indonesia, Fiji Islands and Seychelles.

About Sony Pictures Networks India (SPN):

Sony Pictures Networks India (SPN), is an indirect wholly owned subsidiary of Sony Corporation, Japan.

SPN has several channels including Sony Entertainment Television (SET and SET HD), one of India's leading Hindi general entertainment television channels; MAX, India's premium Hindi movies and special events channel; MAX 2, another Hindi movie channel showcasing great India Cinema; MAX HD, a high definition Hindi movie channel airing premium quality films; WAH, the FTA channel for Hindi movies; SAB and SAB HD the family-oriented Hindi comedy entertainment channels; PAL, a genre leader in rural Hindi speaking markets (HSM) showcasing the best of Hindi general entertainment and Hindi movies from SPN’s content library; PIX and PIX HD, Sony BBC Earth and Sony BBC Earth HD, the premium factual entertainment channels, Sony AATH, the Bangla entertainment channel; YAY!, the kids entertainment channel; sports entertainment channels – SONY SIX, SONY SIX HD, SONY TEN 1,  SONY TEN 1 HD, SONY TEN 2, SONY TEN 2 HD, SONY TEN 3, SONY TEN 3 HD; SONY TEN 4, SONY TEN 4 HD; Sony मराठी, the Marathi general entertainment channel; SonyLIV - the digital entertainment VOD platform; and Studio NEXT the independent production venture for original content and IPs for TV and digital media. SPN reaches out to over 700 million viewers in India and is available in 167 countries.

The network is recognized as an employer of choice within and outside the media industry. SPN is a recipient of several awards, including India’s Best Companies to Work For 2020 by the Great Place to Work® Institute, India, ‘Aon Best Employers India’ awards in recognition of SPN’s unique workplace culture and exceptional people practices, consistently ranking amongst India’s Top 10 Companies with Best Health & Wellness Practices by SHRM & CGP Partners and listed by Working Mother & AVTAR as one of the 100 Best Companies for Women in India.

Sony Pictures Networks India Private Limited is in its 25th year of operations in India. It has a subsidiary, MSM-Worldwide Factual Media Private Limited and an affiliate, Bangla Entertainment Private Limited in India.