Union Minister of Finance Nirmala Sitharaman Visits Boeing-Supported COVID-Care Facility In Yelahanka, Bengaluru

Union Minister of Finance Smt. Nirmala Sitharaman today visited the Boeing-supported COVID-care facility in Yelahanka, Bengaluru. The 100 oxygenated-bed hospital at Karnataka State Power Corporation Ltd. (KSPCL) has been e stablished by Boeing India, in partnership with the Government of Karnataka, Doctors For You (DFY) and SELCO Foundation, for public healthcare support in the region.

The COVID-care facility was inaugurated on June 19 in the presence of Shri D.V. Sadanand Gowda, Union Minister of Chemicals and Fertilizers and Shri B.S. Yediyurappa, Chief Minister of Karnataka. The hospital was built from ground up in 20 working days and will treat mild-to-moderate COVID-19 cases. Of the 100-oxygen beds, 10-beds are dedicated for ICU services and 20-beds for High Dependency Units (HDU) ward. Boeing India funded the facility, DFY is providing the necessary staff and care, SELCO Foundation set up the pre-fabricated facility, and KSPCL provided the land necessary for the hospital. Boeing has also provided medical equipment, including CT scanners, ventilators, oxygen cylinders and concentrators, flow meters, and ambulances to the hospital.

The KSPCL campus in Yelahanka was chosen because of its proximity to an already existing oxygen generation plant. The design and construction of the hospital has been done in an environmentally friendly manner – building materials were chosen to maximize thermal comfort for patients and hospital staff. Day lighting and solar power for night-time electricity requirements ensures reliability and efficiency.

Boeing launched a $10 million emergency assistance package on April 30 to support India's COVID-19 response. As part of its COVID relief efforts, Boeing is working with central and state governments in India, and with international relief organizations to set up COVID-19 care hospitals and provide medical supplies for the treatment of patients. The Yelahanka COVID-care facility is the first such hospital to be inaugurated under this initiative.

About Boeing

As a leading global aerospace company, Boeing develops, manufactures and services commercial airplanes, defense products and space systems for customers in more than 150 countries. As a top U.S. exporter, the company leverages the talents of a global supplier base to advance economic opportunity, sustainability and community impact. Boeing’s diverse team is committed to innovating for the future and living the company’s core values of safety, quality and integrity.

Boeing’s presence in India goes back to more than seven decades. The company remains committed to delivering value to Indian customers with advanced technologies and to building a strong indigenous aerospace ecosystem by developing local suppliers and shaping academic and research collaborations with Indian institutions. Boeing’s advanced aircraft and services play an important role in the mission-readiness of the Indian armed services.

Boeing’s local sourcing totals $1 billion annually from a large and growing network of 250 local companies that manufacture critical systems and components for some of Boeing’s most advanced products, including the 787 Dreamliner and 777 family of aircraft. The Tata-Boeing joint venture manufactures fuselages for Apache helicopters and recently added a new production line to produce vertical fin structures for the 737 family of airplanes. Through local community engagement we are bringing impactful change to more than 300,000 lives in India. 

Bank Limitless With The Coolest Current Account With No NMC From Equitas SFB

* With this the bank becomes one amongst the first  private sector banks to waive off Non-maintenance charges across CASA, supporting small businesses~ 

Equitas Small Finance Bank modifies the Current Account proposition by simplifying banking for the Current Account holders, by waiving off Non-maintenance charges. Considering the current scenario of the pandemic, this announcement will empower the account holders to bank stress-free. Equitas SFB will be one amongst the first private sector banks to waive off NMC across CASA, thereby making banking simple and limitless.  

At Equitas SFB, we believe in providing convenience and hassle free banking. Paying penalty on one’s own account creates large level dissatisfaction amongst customers. The bank has addressed this by waiving off NMC across CASA, taking the customers to the Golden-Olden days of limitless banking. The bank further said that the transactions will be charged if balance falls below 75% of the requirement and hence accommodating customers for months with low turnover and ensuring complete support to businesses. This combination of waiver of non-maintenance charges and free transactions limits will be of immense advantage to entrepreneurs, traders, self-employed professionals and small businesses impacted during both the COVID-19 waves by enabling them to focus on business. Customers with low transactions intensity and high liquidity can avail Sweep-in Sweep-out FD facility, which enables the Current Account holders to earn from the idle funds. In simple words, this account is like the caretaker you wish to have, who takes care of your needs and does not take your time to do regular checks on the account thresholds. That’s what we call a “Cool Account”! 

Here is more the Current Account holds for the small businesses: 

Free cash deposit limit from Home Location/Non-Home Location/ATM.  

POS machines are now available with exclusive offers and low MDR rates.  

Free doorstep banking for Wings and Trade-in Current Accounts. 

50% waiver of AMB for semi-urban and rural locations. 

The bank has also taken steps to support the women proprietors in Metro/Urban locations by offering a 50% waiver of AMB for Business Prime, Advance and Trade-in Current Account. The bank has always been at the forefront of leveraging digital technologies to cater to the customer needs and are in the process of developing a digital Current Account opening facility to make on-boarding a seamless and convenient experience for the customers.  

Speaking about the announcement Mr. Murali Vaidyanathan, Senior President & Country Head, Branch Banking Liabilities Product & Wealth Equitas Small Finance Bank said, “At Equitas SFB, we do regular quality checks to cross-check if our product portfolios and designs are working towards its goal to provide our customers with convenience, safety and also financial well-being. We have modified our existing product design considering the prevailing situation, thus coming up with an optimal pricing platform solution, which is the need of the hour to mitigate the impact of the crisis.” 

“The waiver of non-maintenance charges is a crucial step forward to aid our customers in strengthening their financial resilience and to enjoy banking, stress-free. The Sweep-In Sweep-Out FD service where the Current Account holders get interests on their idle funds is an ideal means to help them enhance their savings while they focus on building their small businesses. We are proud to be one of the first banks to bring-in this facility for our Current Account customers. We firmly believe in the mantra of Value Banking and will continue to invest our energies in offering the best of products and services in the segment to simplify banking for all.”  

About Equitas Small Finance Bank Limited [ESFBL]  

Equitas Small Finance Bank Limited is the largest SFB in India in terms of number of banking outlets, and the second largest SFB in India in terms of assets under management and total deposits in Fiscal 2019. (Source: CRISIL report). Its focus customer segments include individuals with limited access to formal financing channels on account of their informal, variable and cash-based income profile. It offers a range of financial products and services that address the specific requirements of these customer segments by taking into account their income profile, nature of business and type of security available. Its asset products are suited to a range of customers with varying profiles. 

Sunteck Realty Limited Announces Financial Results For Q4 & FY21

* Pre-sales grew by 6% Q-o-Q to Rs 371 cr in Q4 FY21 

* Collections grew by 27% Q-o-Q and 83% Y-o-Y to Rs 321 cr in Q4 FY21  

* Net debt to equity ratio strengthened to 0.18x in FY21 from 0.24x in FY20  

* Strong positive operating cash flow of Rs 286 cr generated in FY21 

Sunteck Realty Limited, luxury real estate developer, announced its Q4 and FY21 financial results.  

Q4FY21 Highlights – 

* Strong pre-sales witnessed during the quarter. 

* Highest-ever collections achieved during the quarter. 

* Acquisition of ~7 acre land parcel at Borivali (West), under the asset light JDA model. The residential project in the western suburbs of Mumbai Metropolitan Region (MMR) will have ~1 mn sq ft of development potential.  

* Strong cash flows during the quarter resulting in further reduction of negligible net debt (excl. quasi-equity) to 0.18x from 0.24x in FY20. Our average cost of borrowing has further come down during the quarter. 

FY21 Highlights – 

* Strong positive operating cash flow of Rs 286 cr generated in FY21 

* Highest-ever pre-sales achieved in the mid-income segment driven by residential projects at ODC, Goregaon West - a Y-o-Y growth of 77%.  

* Strong pre-sales also witnessed in the ready to move in projects across segments. 

* Highest-ever collections achieved in a financial year in FY21 at Rs 780 cr. 

* Aggressive project acquisition done in FY21 within the industry - 3 new project acquisitions under the asset-light strategy totaling to approx. 8 mn sq ft. at Vasai, * Vasind and Borivali. These projects will further strengthen the cash flows and balance sheet of the company. 

* The consolidated net debt has been reduced to Rs 498 cr (excl. quasi-equity) improving the Net D/E to 0.18x from 0.24x in FY20. 

Koo Publishes Compliance Report - First Indian Social Media Platform To Make It Publicly Available

In accordance with*Rule 4(d) of the of the Information Technology (Intermediary Guidelines and Digital Media Ethics Code) Rules, 2021 of the Government of India, Koo has become the first Indian social media platform to publish a social media compliance report in the manner required by the Rules.  Going forward, the Compliance Report will be published and available on the first day of each month and, where appropriate, will include additional insights.

The report for June 2021 shows that of the 5,502 Koos reported by the Community, 22.7 percent (1,253) were removed, while other action was taken against the rest – 4,249. Similarly, Koo took steps to proactively moderate 54,235 Koos, of which 2.2 percent (1,996) were removed while other action was taken against the rest – 52,239. ‘Other action’ includes overlay, blur, ignore, warn, etc., Koos that do not comply with GoI guidelines.

Aprayameya Radhakrishna, Founder & CEO, Koo said: “As Koo gains tractions across India, we will ensure thatKoo respects the law of the land and meets the requirements, enabling every country to define it's own digital ecosystem. This Compliance Report is one step in that direction.

As part of Koo’s continued efforts to make social media a safer place and provide transparency for users, we are happy to be the first social media platform to publish a Compliance Report. We will continue to make efforts to make social media a safe place for all users.”

Manyank Bidwatka, Co-founder, Koo, said: “Koo brings together Creators who can express themselves in an Indian language and Connectors to consume information in that language. Never before has a social media platform offered the opportunity for so many Indians to express themselves. Social media no longer has to be limited to those who speak, think, read and write in English.”

*Rule 4(d) requires significant social media intermediaries to “publish periodic compliance report every month mentioning the details of complaints received and action taken thereon, and the number of specific communication links or parts of information that the intermediary has removed or disabled access to in pursuance of any proactive monitoring conducted by using automated tools or any other relevant information as may be specified”

Arun Jaitley National Institute Of Financial Management, Partners Microsoft To Build AI , Emerging Technologies Center Of Excellence

·    Joint development of Center of Excellence to drive cloud and AI led innovation in fintech

·    Partnership will focus on capacity building of government officials, skilling them in emerging technologies, like AI and machine learning

The Arun Jaitley National Institute of Financial Management (AJNIFM) and Microsoft announced a strategic partnership to build an AI and emerging technologies Center of Excellence at AJNIFM. The collaboration seeks to explore the role of cloud, AI, and emerging technologies for transforming and shaping the future of public finance management in India. 

The Center of Excellence will serve as a central body for research, AI scenario envisioning, and tech led innovation. AJNIFM and Microsoft will jointly explore use cases of emerging technologies in finance and related areas, across central and state ministries and public sector enterprises. Microsoft will partner closely with AJNIFM to define the future of public finance management in India, providing the technology, tools, and resources to build a strong ecosystem of partners, upskill government officials and build thought leadership. 

Both organizations will also work closely on a capacity building program for senior government officials in associated ministries, departments, and financial institutions. As part of this skilling effort, public sector officials will be trained on the application of emerging technologies in finance management to address potential risks like money laundering, use of machine learning models for decision making, role of responsible tech in finance, etc. Microsoft will also work closely with its partners, MSMEs, and ISVs to build customized solutions that address the challenges of the sector.

As part of the strategic partnership, Microsoft and AJNIFM will focus on:

·       Building an innovation center: Joint development of a Centre of Excellence at AJNIFM to drive AI envisioning in finance management across key associated ministries of AJNIFM.

·       Industry thought leadership: Microsoft and AJNIFM will jointly develop research papers and organize strategic knowledge sharing workshops with industry experts to discuss the role of cloud, data, and AI for re-imagining public finance management in India.

·       Reskilling and capacity building: Developers at AJNIFM and senior government officials from associated ministries will be skilled in data engineering, data sciences, AI, and machine learning etc.

·       Creating a strong ecosystem of partners: Engaging ecosystem partners, academia, and MSMEs to drive innovation in financial management based on priority scenarios.

Speaking about the partnership, Prabhat Ranjan Acharya, Director, AJNIFM, said, “The Steering Committee on fintech related issues under the chairmanship of Secretary, EA, had recommended setting up centres of excellence on fintech in key premier national institutions like AJNIFM. The ambit of research studies will seek to address key challenges in public financial management, particularly expenditure management, revenue leakages, use of emerging technologies in preventing money laundering, studying existing DBT system, and potential of application of emerging technologies including machine learning models in decision making etc. With continuous technological support from Microsoft, AJNIFM will be the only institution in the country equipped with high pedigree of financial analytical tools in the financial sector research domain.”

Commenting on this, Navtez Bal, Executive Director, Public Sector, Microsoft India, said, “AJNIFM has a long history of driving research and innovation, preparing the next generation of leaders to transform India’s finance management system. This collaboration brings together AJNIFM’s rich experience in the public sector with Microsoft’s cloud and AI capabilities, paving the way for data and AI led governance and fintech transformation.  We are excited to work together to accelerate research, enable skilling in emerging tech, and invest in building a strong industry ecosystem for public finance management in the country. “

TECNO Recreates Magic With All-New Blockbuster SPARK Go 2021 At Special Launch Price Of INR 6699

* The blockbuster smartphone makes a comeback in a newer avatar with refreshed design, aesthetics and superior specs

* Spark Go 2021 will be available for sale on Amazon ( shorturl.at/bquJO )  from 7th July 2021 at 12 noon onwards at a Special launch price of INR 6,699 for limited stock only. After this SPARK Go 2021 will be priced at INR 7299

TECNO, the global premium smartphone brand, today announced the launch of SPARK Go 2021 an upgraded version of last year blockbuster device ‘Spark Go 2020’. The product is designed to cater to the needs of the ‘Greater Bharat’ which is on the verge of transformation. They are the aspiring, value-seeking consumers who want a taste of the premium features at an affordable pricing.

Priced at INR 7299, SPARK Go 2021 will cater to the entertainment needs of Aspirational Bharat and is expected to replicate the success of SPARK Go series.

In line with this core product DNA of ‘Segment-first’, Spark Go 2021 has once again gone BIG on entertainment flaunting category defining features such as a combination of 8MP selfie camera with13MP AI dual rear camera for an enhanced photography experience in the sub-8K. The device also sports a 5000 mAh battery, 6.52 inch display and unique audio-sharing feature that enables users to connect two Bluetooth Earphones or three Bluetooth speakers simultaneously that further enhances the entertainment quotient that will make times with family and friends a truly memorable one.

Commenting on the launch, CEO of TRANSSION India, Arijeet Talapatra said, “TECNO’s achievement of 10 Million happy customers is an attestation of our popularity among category consumers across the country. We know we have delivered the right products and met the right demand requirements. SPARK series has played a pivotal role in changing the trend in sub-8K smartphones with its strong play in the battery, display and camera departments at an unmatched price point. We are confident that SPARK Go 2021, will continue SPARK series’ stellar run and will keep this momentum going. As per Counterpoint reports, on the back of SPARK series success, TECNO has consolidated its position among the elite ‘Top 5 smartphone brands’ club in the INR 5,000-10,000 category.”

Key USP’s of SPARK GO 2021:                          

BIGGER 5000mAh Battery with 36 days’ standby

The SPARK GO 2021 houses a massive 5000 mAh battery for uninterrupted, daily robust usage with a standby time of 36 days on a single charge. It also supports calling time of 27 hours, web browsing of 19 hours, video playback of 21 hours, game playing of 14 hours and music playback of 145 hours.

BIG Entertainment on 6.52” Super Big Screen in the segment

The SPARK GO 2021 sports a 6.52” HD+ Dot Notch Display with a 89.7% body to screen ratio, 480 nits brightness, 720 x 1600 resolution and 20:9 aspect ratio, for an immersive viewing experience.

The smartphone features an elegant design, glossy finish and 2.5 D glass that provides for a comfortable and firm grip in the hand, whilst adding a premium look to the smartphone.

BIG 13MP Dual rear camera for enhanced photography experience

The SPARK GO 2021 is equipped with a 13 MP AI Dual Rear Camera with an F1.8 aperture, 4X zoom and Dual Flashlight for capturing professional grade photographs in low lit environments. The larger aperture makes way for more light resulting in clearer images. It also has 18 AI Auto scene detection modes such as HDR, Night Portrait, Backlight Portrait and AI powered Background Bokeh Effect.

BIG 8MP selfie camera with microslit front flash

The selfie camera on the TECNO SPARK GO 2021 comprises of an 8MP AI front camera with an aperture of F2.0. The adjustable brightness on the micro slit front flash captures the perfect, clear selfies in low light. The selfie camera also supports AI Beauty Mode, AI Portrait Mode and Wide Selfie Mode for capturing the perfect group selfie.

BIG Security for safe user experience

TECNO SPARK Go 2021 In-built with Face Unlock 2.0 and Smart Fingerprint Sensor to protect the data and privacy of the user. Face Unlock 2.0 enables closed eye protection and screen fill in light. The Smart Fingerprint Sensor has a 0.2 seconds Fast Unlock

BIG Sharing with Audio Share

The SPARK Go 2021 also comprises of the unique Audio Share feature that enables the connection of 2 Bluetooth Earphones or 3 Bluetooth speakers simultaneously making it suitable for families and friends to enjoy the same movie and music together with separate volume controls.

Value for money

TECNO has been consistently pushing the envelope to deliver to the customers a complete ‘Smartphone experience’.  TECNO SPARK Go 2021 is a complete ‘Value Package’ at a disruptive price point of INR 7299. The ‘All-rounder’ smartphone brings in the unique brand promise of free 100 day’s 1-time screen replacement and 12-month warranty. The new device is available in three color variants – Horizon Orange, Maldives Blue and Galaxy Blue in the storage capacity of 2GB+32GB.

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.

The Uncontested: The BMW M5 Competition launched in Indian Market

* Best-in-class performance: High-revving V8 engine with 625 hp, 0-100 in 3.3 seconds

* Sharper looks with new kidney-grille and BMW Laser Light

* New M modes, retuned chassis for supreme drivability and handling

* Available for booking only on the BMW Online Shop

* #BMWM #TheUncontested #TheNewM5Competition

BMW India has launched the new BMW M5 Competition in the country. The power-packed sedan will be available as completely built-up unit (CBU) and can be booked exclusively on shop.bmw.in.

The new BMW M5 Competition provides undiluted M feeling with immense performance features like retuned chassis, new shock absorbers, track mode, active M differential with centralized intelligent control, bespoke engine mounting, M multifunction seats and set-up button that come together to offer even better driving dynamics and superior comfort levels.

Mr. Vikram Pawah, President, BMW Group India said, “The M badge is boldly set for those who enjoy high performance and superior level of excellence. With the new BMW M5 Competition, we are strengthening our coveted performance portfolio in India. It is designed and engineered to offer unmatchable performance and signature attributes of BMW M. The new M5 Competition blends a business sedan’s everyday usability with unbeatable sports car dynamics more effectively than ever.”

The ex-showroom price of the new BMW M5 Competition is INR 1,61,90,000

Price prevailing at the time of invoicing will be applicable. Ex-showroom prices inclusive of GST (incl. compensation cess) as applicable but exclude Road Tax, Tax Collected at Source (TCS), RTO statutory taxes/fees, other local tax cess levies and insurance. Price / options are subject to change without prior notice.  For further information, contact an authorised BMW dealer.  The new BMW M5 Competition customers can choose from five new paint finishes: Brands Hatch Grey and Motegi Red metallic, as well as the optional with Tanzanite Blue II metallic, Aventurine Red II metallic and matt Frozen Bluestone metallic finishes from BMW Individual. The Champagne Quartz metallic shade offered previously has been renamed Alvit Grey metallic.

By visiting shop.bmw.in, customers will be able to select, customise and book the new BMW M5 Competition from the comfort of their home. They can explore a 360° view of vehicle exterior and interior along with all features and personalisation options at the click of a button. All queries on product, service packages and finance options can be addressed in real-time by interacting with a dealer representative online. Vehicle brochures, specification details and other documents are shared online avoiding any physical contact. Payments can also be made online in a secure way.

Customers of the new M5 Competition will gain membership to the exclusive BMW Excellence Club. A member’s only collective, BMW Excellence Club caters to the discerning taste of BMW customers by curating unmatched luxury experiences from around the world. The program features four main categories: Bespoke Travel, The High Life, Grandstand and BMW Privileges.

The new BMW M5 Competition.

Exterior of the new BMW M5 Competition makes an immediate impression with its front look that consist of newly designed BMW Laser lights and L-shaped light tubes connecting towards the kidney grille in narrow streaks. Black styling details all over the exterior underline its elite status. The BMW kidney grille surround, M-specific double bars, the mesh on the M gills, mirror caps and the additional rear spoiler on the boot lid all have a High-gloss Black finish. Black M5 Competition badges adorn the kidney grille, the gills and the boot lid, while the door sill plates have an illuminated version. The rear design features new 3D rear lights with densely illuminated LED bars which give a new interpretation to BMW typical “L-shape”. The rear apron includes black inserts. The tailpipes of the standard M Sport exhaust system are finished in Black Chrome.

Interior of the new BMW M5 Competition is sporty and luxurious. Bespoke upholstery in leather Merino elevates the interior in three choices – Silverstone, Aragon Brown and Black. As an exclusive option, the three choices are also available in full leather Merino upholstery with additional choice in Black / Midrand Beige. BMW Individual headliner anthracite and high-gloss Shadow Line provide a luxurious feel. M multifunction seats with integral head restraints, an illuminated ‘M5’ logo and extended functions come as standard. Exclusive functions such as M Seat belts, M footrest and pedals, M Leather Steering Wheel, seat heating (driver and front passenger), electrical seat adjustment with memory function, automatic tailgate add to the comfort. Adding to the sense of space is the large Carbon Fibre Reinforced Polymer (CFRP) sunroof. Ambient Lighting with six dimmable light designs creates an atmosphere for every mood while Automatic 4 zone A/C further enhances the in-cabin experience. Welcome Light Carpet, which is projected from the side sill, welcomes passengers in glamorous style. The car is equipped with Adaptive M-Specific Suspension, M Sport exhaust system, M high performance compound brakes and 20-inch M light alloy wheels in the standard profile.  Customers can add more equipment of their liking and further enhance the car’s sporty looks and overall experience through optional offerings such as Rear Seat Entertainment, M Carbon ceramic brakes, BMW Individual Shadow line in lights, Ambient Air package, M Carbon engine cover and 20-inch 810 M double-spoke wheels in polished Orbit Grey.

The high performance V8 engine with M TwinPower Turbo Technology under the bonnet of the new BMW M5 Competition goes about its business in racing-car-derived, high-revving style. It imposes muscularity and supreme power delivery. Specially designed bespoke engine mounts with a stiffer spring rate result in even more rapid engine response offering greater directness and precision. The engine generates maximum output of 625 hp and peak torque of 750 Nm with 0-100 kmph acceleration in just 3.3 seconds.

The eight speed M Steptronic transmission enables extraordinary short shift times and fast, precise responses to every nudge of the accelerator. The driver can use both the selector lever and the shift paddles on the steering wheel to intervene manually. The damper response settings vary according to the mode selected with the Driving Experience Control switch, that allows the driver to choose between different modes to suit the driving conditions. The new two-button operating concept in the centre console originates from the BMW M8. Using the M Setup, the driver can further improve driving dynamics, be it comprehensive driving stabilisation. M Mode selector on the centre console. It adjusts the contents of the instrument cluster displays and the Head-Up Display and can be used to activate the ROAD and SPORT settings. The BMW M5 Competition also offers TRACK mode, for an undiluted M experience on race circuits.

Modern cockpit concept BMW Live Cockpit Professional with BMW Operating System 7.0 includes 3D Navigation, a 12.3-inch fully digital instrument display behind the steering wheel and a bigger 12.3-inch Control Display. This makes it even easier to keep a clear eye on the myriad functions associated with the driving dynamics systems and BMW M xDrive all-wheel drive, which can be altered to 2WD mode. The occupants can operate several functions simply by speaking to their BMW Virtual Assistant. Hands do the talking with BMW Gesture Control that recognizes six pre-defined hand movements for control of a number of functions. The smartphone holder integrated into the centre console allows inductive, Wireless Charging for mobile phones. Wireless Apple CarPlay® / Android Auto ensures seamless smartphone connection with the car to access several functions. Harman Kardon Surround Sound System conjures an engrossing treat for the ears. High-end 16 speaker system with woofers generates an impressive audio experience in all seats and is unique worldwide in the automotive sector. The sound experience can be further upgraded to the optional Bowers & Wilkins Diamond Surround Sound system. BMW Head-Up Display to a special M View projects all information relevant to the journey directly into the driver's field of vision. BMW Display Key allows drivers to keep in contact with their car round the clock.

The new BMW M5 Competition presents best-in-class cutting-edge driver assistance systems. Parking Assistant Plus with Surround View Camera makes parking in tight spots easier. Reversing Assistant provides unmatched support in reversing out of a parking spot or through narrow driveways. It keeps a record of the last 50 meters driven and assists by taking over the steering. The Comfort Access System makes it possible to open all four vehicle doors without using the key.

BMW EfficientDynamics includes features such as 8-speed Steptronic Sport Automatic Transmission, Auto Start-Stop, Brake-Energy Regeneration, Electronic Power Steering, 50:50 Weight Distribution and ECO PRO mode in Driving Experience Control.

BMW Safety technologies include six airbags, Attentiveness Assistance, Anti-lock Braking System (ABS) with Brake Assist, Dynamic Stability Control (DSC) including Dynamic Traction Control (DTC) and Electronic Differential Lock Control (EDLC), Cornering Brake Control (CBC), electric parking brake with auto hold, side-impact protection, electronic vehicle immobilizer and crash sensors, ISOFIX child seat mounting and emergency spare wheel.