Tata Motors Partners With J&K Bank To Bring Attractive Financing Options For Its Customers

* The partnership will enable easy commercial vehicle financing at competitive interest rates and extended loan tenure

Tata Motors, India’s largest commercial vehicle manufacturer, has signed a two-year Memorandum of Understanding (MoU) with Jammu & Kashmir Bank, the largest commercial vehicle financier in the union territory of Jammu and Kashmir, in a collaborative effort to bring attractive and easy financing options to its customers.

The beneficial offerings, arising out of this partnership, will be applicable across Tata Motors’ commercial vehicle range. The company will offer special Tata Delight points for joint customers of Tata Motors and J&K Bank on the purchase of its heavy, medium and intermediate trucks. Tata Motors will offer special vehicle maintenance program for the J&K Bank-financed small commercial vehicles and pick-up trucks. J&K Bank will provide special Loan-to-Value (LTV) ratios, and extended tenure for all vehicle segments with competitive interest rates. J&K Bank has the widest network in the union territory of Jammu and Kashmir, with over 950 branches, across the country.

Commenting on the partnership, Mr. Girish Wagh, ED & President – Commercial Vehicle Business Unit, Tata Motors, said, “As the market leader in Jammu & Kashmir, we are elated to join forces with the largest bank in the union territory. This partnership, with J&K Bank, will go a great distance in easing the vehicle financing process for our customers. It will also add impetus to the development of the union territory with Tata Motors’ wide range of products in the cargo, passenger and construction segments. We will leverage J&K Bank’s rich experience and reach, ensuring seamless availability of financing with our combined efforts. We aspire to continue on this path through our partnership.”

Commenting on the momentous occasion, Mr. R K Chhibber Chairman and Managing Director, J&K Bank, said, “As partnering with big and quality brands remains at the centre of J&K Bank's strategic planning vis-a-vis customer gratification, we see arrangement with Tata Motors as an opportunity to ensure consistency in availability of wide ranging and quality end-to-end financial solutions to our customers. The MoU will enable customers to a premium go-to-market package – J&K Bank's highly customised financial solutions blended with varied options of commercial vehicles offered by Tata Motors.”

About Tata Motors

Tata Motors Limited (NYSE: TTM; BSE: 500570 and 570001; NSE: TATAMOTORS and TATAMTRDVR), a USD 35 billion organization, is a leading global automobile manufacturer of cars, utility vehicles, pick-ups, trucks and buses. Part of the USD 113 billion Tata group, Tata Motors is India’s largest and the only OEM offering extensive range of integrated, smart and e-mobility solutions. It has operations in India, the UK, South Korea, Thailand, South Africa, and Indonesia through a strong global network of 103 subsidiaries, 10 associate companies, 3 joint ventures and 2 joint operations as on March 31, 2020.

With a focus on engineering and tech enabled automotive solutions catering to the future of mobility, Tata Motors is India’s market leader in commercial vehicles and amongst the top four in the passenger vehicles market. With ‘Connecting Aspirations’ at the core of its brand promise, the company’s innovation efforts are focused to develop pioneering technologies that are sustainable as well as suited to evolving aspirations of the market and the customers. Tata Motors strives to bring new products that fire the imagination of GenNext customers, fueled by state of the art design and R&D centers located in India, UK, US, Italy and South Korea. Internationally, Tata commercial and passenger vehicles are marketed in countries, spread across Africa, the Middle East, South Asia, South East Asia, South America, Australia, CIS, and Russia.

Dharmendra Pradhan Takes Over Minister Of Skill Development And Entrepreneurship; Rajeev Chandrasekhar Joins As Minister Of State

Shri Dharmendra Pradhan assumed charge of the Ministry of Skill Development and Entrepreneurship as Cabinet Minister and Shri Rajeev Chandrasekhar, Member of Parliament, Rajya Sabha, from Karnataka, took office as the Minister of State (MoS) of Ministry of Skill Development and Entrepreneurship. Dr. Mahendra Nath Pandey, who was Minister of Skill Development and Entrepreneurship before yesterday’s Cabinet reshuffle, was also present on the occasion and extended his best wishes to both minsters on taking office.

Shri Dharmendra Pradhan said he was committed to strengthen the skilling efforts of the ministry and equipping the youth with necessary skills to prepare them for Future of Work, and creating linkages between skilling and employment. He also extended his wishes to Shri Rajeev Chandrasekhar on his assuming charge as MoS, and said he was looking forward to work together to give impetus to entrepreneurship and fulfil Prime Minister Narendra Modi’s vision of making India the skill capital of the world.

Shri Rajeev Chandrasekhar said he was privileged and honoured to serve as MoS in the Skill Development and Entrepreneurship Ministry, adding he would work hard to realise the Prime Minister’s vision of a Digital, Skilled and New India.

ASUS And Flipkart Announce A Strategic Partnership For New Category Of Products

●   Partnership aims to enable and help millions of Indian customers to digitally access education, ecommerce, social interaction and work, with a new range of products that are designed to be Thoughtfully Simple yet highly affordable

●   First set of products under this partnership will be the launched on July 15, 2021 at 12 noon 

ASUS, the Taiwanese tech major, and Flipkart, India's home-grown e-commerce marketplace, today announced yet another strategic partnership for a new category of products.

The partnership will kick off with both companies announcing the launch of a new range of innovative products that are designed to be ‘Thoughtfully Simple’ yet highly affordable on July 15, 2021 at 12 noon.

The partnership with Flipkart is one of the major steps in a series of other strategic efforts by ASUS to deepen its commitment to the Indian market and serve the unmet needs of Indian consumers designed with ASUS’ world-class, in-house engineering, R&D and design resources.

Commenting on the announcement, Leon Yu, Regional Director, India and South Asia, ASUS said, “India has the stature of home market within ASUS and we are deeply committed to the needs of our Indian consumers and the Indian Market. To enable and help millions of our Indian customers to digitally access education, ecommerce, social interaction and work. Flipkart has been our long-term strategic partner to bring in path breaking innovations to the Indian market. We are very happy and strongly believe this collaboration will bring about a radical change in the digital lives of Indians.”

Commenting on the announcement, Ajay Veer Yadav, Senior Vice-President, Mobiles, Electronics and Large Appliances at Flipkart said, “As India's homegrown e-commerce marketplace, Flipkart continues to meet customers' evolving requirements with its widest selection of products and delivering it in a safe and hygienic manner across the country. In this endeavor, Asus has been a long-standing partner with its best-in-class technology solutions and I'm excited to take this partnership ahead with the upcoming launch of a new range of its offerings aimed at simplifying digital access for millions of Indians and I expect it to become a customer favorite.”  

Kindly refer this link to the announcement video - https://youtu.be/C9VLl90321E

CM B S Yediyurappa Inaugurates 250-Bed Sathyaprabha Lakeside Super Speciality Hospital And Medical Centre Virtually

* Dedicates 150-Bed Covid Care Wing

The historic 40-year-old Lakeside Medical Hospital at Ulsoor, currently undergoing renovation, was inaugurated virtually by Hon’ble Chief Minister of Karnataka, Shri B S Yediyurappa in the city today. Also inaugurated was a 150-bed Special Covid Ward. Located in the heart of the garden city, Lakeside Medical Hospital enjoys unmatched connectivity to all parts of the city and aims at providing highly specialized tertiary care to patients, once fully renovated.

“It is great news that a Covid Care Center with 150 beds and a Super Speciality Hospital, is being launched in the campus of Satyaprabha Lakeside Hospital. Satyaprabha Lakeside hospital which is one of the prestigious hospitals in Bangalore is now ready to serve people after renovation. Private hospitals joining hands with the government in controlling Covid 19 is a welcome move. People who provide services in medical field should be professionals and have moral values. It should be our constant endeavour to ensure quality medical service at an affordable price to common people. I am sure that Satyaprabha Lakeside Hospital will work in this direction” said Shri B S Yediyurappa while virtually inaugurating the hospital.

Other dignitaries present at the occasion include Shri P C Mohan, Member of Parliament and Mr. Rizwan Arshad, MLA, while Shri D K Sudhakar, Minister of Medical Education of Karnataka, Shri. G Satheesh Reddy, Chairman, DRDO, Shri Tejasvi Surya, Member of Parliament, and Shri Anand Sankeshwar, MD, VRL Group participated in the inaugural ceremony virtually.

They were welcomed by Ms. Chaitanya Audikeshavulu and family, current owners of the Lakeside Medical Centre & Hospital who have taken over the property and playing an important role in reviving and renovation of the hospital.

Currently being renovated and expected to commence operations shortly, Lakeside Medical Hospital will provide the latest and most comprehensive medical care facilities to all. Lakeside Medical Hospital will be overseen by Dr. Rajesh Naidu.

"This hospital has some great history associated with it and has several firsts to its credit including the first coronary bypass operation and the first kidney transplant in the city. My dream is for Lakeside Medical Hospital to regain its lost glory and offer quality healthcare to the people of the city, I am so happy that many of the Hospitals previous Doctors have re-joined the hospital with a great deal of enthusiasm. This gives me immense confidence and hope” said Ms. Chaitanya Audikeshavulu, Director of the Audikeshavulu Group of Companies.

"This hospital was special to the citizens of Bangalore and more so for people in and around Ulsoor. They have a lot of hope in seeing this hospital functioning again. We will strive to uphold this faith and belief of the people of Bangalore. Lakeside will strive to offer the best of healthcare with our state-of-the-art facilities," said Dr. Rajesh Naidu, Medical Director, Lakeside Medical Hospital.

About Lakeside Hospital:

Lakeside Medical Center & Hospital in Ulsoor Road, Bangalore (LMCH)

LMCH was started in the year 1982 and situated at the Junction of Ulsoor Road& St John Road, Bangalore. In its formative years LMCH was Bangalore’s premier Multi Speciality Hospital spanning a duration of over 30 years providing exemplary tertiary health care services to Bangalore citizens. The hospital was also a recognised center for exchange training programme with Children's Hospital of Michigan, Wayne State University, Detroit, U.S.A. Medical institutes at Lakeside Hospital, Bangalore. Previously the hospital also had a nursing institute which was recognized by Karnataka Nursing Council and Indian Nursing Council. It also had another educational institute on its premises namely the Lakeside Institute of Medical Technology. Currently, Dr. Rajesh and Ms. Chaitanya Audikeshavulu are overseeing the renovation and running of the hospital.

Raise A Toast To Stardom With The Launch Of Blenders Pride’s Limited-Edition Pack In Association With Designer Manish Malhotra

The Undisputed leader in the premium whisky category, Seagram’s Blenders Pride has introduced a limited-edition pack in association with design maestro Manish Malhotra. The limited-edition pack echoes the impeccable craft of the designer, and invites the consumers to ‘taste the stardom’ so one can celebrate the rich taste and unmatched craftsmanship of the pack, making a bold style statement that spells out ‘My Craft, My Pride’.

The unique collectible reverberates with a contemporary design that is a true representation of the glamourous curations the designer is synonymous with. Inspired by the skillfully crafted smooth blend, the limited-edition pack is adorned with intricate patterns of his creations - with warm metallic accents and tones that build a sense of glamour, celebration and lifestyle. Manish Malhotra’s time-honed legacy, built over 30 years, is highlighted on the pack, which embodies a seamless blend of fine craftsmanship that reflects his signature style

Commenting on the launch of the limited-edition pack, Kartik Mohindra, Chief Marketing Officer, Pernod Ricard India, said, “The Blenders Pride limited-edition pack is a celebration of rich craftmanship, both through the legendary, global award winning fine whisky and our collaboration with the ace designer Manish Malhotra. We take immense pride in our product, quality and heritage and continue to celebrate the pride in craft through this collaboration. The pack is a sophisticated and glamourous statement that combines exquisite taste and design, which is what we stand for.”

Talking about the limited-edition pack, designer Manish Malhotra said, “I have had a long-standing association with Blenders Pride and, today, it gives me great pleasure to announce our collaboration that celebrates this association through a collectable limited-edition pack. The design is a true representation of my vision and spirited style, and brings together the precision and the bold, rich character of Blenders Pride on the same canvas, hence celebrating craft in all its glory.”

The Blenders Pride limited-edition pack is available for discerning whisky connoisseurs in over 15 markets.

Here is the link to the video -https://drive.google.com/file/d/1Q5yf4Lxkm8Scsfe3XAyPzTwyADV1wIJz/view?usp=sharing

About Blenders Pride

Blenders Pride is a premium whisky from the house of Seagram, with over 160 years of unmatched craftsmanship & expertise.  It is an exquisite blend of fine aged scotch malts from Dalmunach, Scotland and Indian grain spirits. With a distinctive nose of malt, fruit, and spice, it’s a fine blend with a delicate aroma. The smooth blend of sweet taste and floral finish highlights the character of this elegant whisky making it a work of fine craftsmanship by our legendary master blenders.

This fine blend has been awarded globally for its supreme quality, bagging the Fifty Best Gold Award, Monde Selection Gold Award & London Spirits Competition award, all in one year (2020) and is winning hearts in India as well as select markets across the globe. Blenders Pride Rare Premium Whisky is available in 7 pack sizes, including 2L, 1L, 750ml, 375ml, 180ml, 90ml and 60ml in India.

About Manish Malhotra

Couturier, costume stylist, entrepreneur, and revivalist; Manish Malhotra’s prolific career spanning 30 years has seen him redefine fashion. Founder of the eponymous label, Manish Malhotra is known in the industry for his pathbreaking makeover for actors on the silver screen and giving them an individual style narrative in personal lives, whilst walking alongside in their journey of stardom. The first-ever fashion influencer and bold fashion creator, Manish Malhotra has extended his influence beyond fashion to carve his niche as an Indian luxury designer.

The designer has been acknowledged with multiple felicitations for his leadership position in costume designing in Bollywood. Being the first ever recipient for the Best Costume Designer award, he was celebrated with 4 Filmfare Awards, 4 Filmfare Glamour & Style Awards, 7 Bollywood Movie Awards, 5 IIFA, the Rajiv Gandhi award for designing & HT Most Stylish Award amongst the 50 other illustrious awards and numerous nominations. Manish Malhotra ‘s body of work on numerous movies and innumerable designs makes him a leading name in the Indian fashion design fraternity.

Omnichannel Meat, Seafood Brand - Tendercuts - Expands Its Footprint In Bengaluru City

Currently, the residents in vicinities of JP Nagar, Koramangala and HSR Layout would be the first group of privileged customers to have an exciting purchasing experience of buying meat and seafood from an organized retail store, as this would be the first organized meat and seafood retail store in Bengaluru.  The brand would be strengthening its presence in Bengaluru with addition of more stores in the coming months across different neighbourhoods. 

Commenting on this milestone, Mr. Nishanth Chandran, Founder & CEO at TenderCuts stated, “Since our first launch in Chennai in 2016, our experience has been nothing short of extraordinary. We are humbled by the response we have received from our customers, which has helped us to grow and become as one of the most preferred brand for purchase of hygienic meat and seafood. With our expertise as the market leader in Hyderabad and Chennai, TenderCuts takes a leap ahead into the Bangalore market with constant passion towards delivering the highest quality of fresh meat and seafood. 

Currently, TenderCuts is the only meat and seafood start-up that follows an omni-channel business model (online and retail) which helps in maintaining absolute freshness in the products. Once a customer places an order for a meat product, the order is directed towards the nearest TenderCuts store in the neighbourhood and the butcher slices the meat/seafood only after the order is received and it is not cut and stored prior.  

We process our orders in compliance to WHO and FSSAI standards, and the order is delivered within two hours after the initial cut, to ensure that our customers are assured of freshly cut meat and seafood at any point of time. Our farm-to-fork approach has set new benchmarks in the fresh cuts meats industry, with a diverse application of food technology to the selection, processing, preservation, packaging, distribution of fresh cut meat and seafood” 

In continuation to its steady growth of expansion, TenderCuts has recently raised INR 110 crore (USD 15 million) in a round led by Paragon Partners, a mid-market PE fund with participation from NABVENTURES, an agri-food tech VC fund backed by NABARD. In addition to the capital received from NABARD, TenderCuts also leverages NABARD’s network of over 5000 plus farmer producer organisations which includes over 1 million farmers, which helps TenderCuts to augment its supply chain, by establishing direct partnerships with local farming and fishing communities and strong backward links to guarantee absolute freshness. 

Customers can opt to purchase products of TenderCuts from the stores directly or they can order online through the TenderCuts app (Available on app store and Google play store), website (www.tendercuts.in), or reach +91 89390 91091. TenderCuts has also introduced Contactless retail services to help customers to pick a slot, book their order and pick up from the store directly and ensure social distancing is maintained. 

About TenderCuts:

Established in 2016 by Nishanth Chandran, TenderCuts is India’s first omnichannel meat and seafood brand with a vision to provide clean, hygienic, and quality meat and seafood to the customers. It begins its operations with one store in Chennai with one category chicken and today it has 25 stores across Chennai and Hyderabad and offers chicken, mutton, seafood, marinades, pickles, and eggs under one roof.

Customers can buy the freshly cut and freshly packed meat and seafood from their nearby stores or can order online via APP or website and get it delivered at their doorsteps. All their meats and seafood are halal certified and stringently follow the FSSAI and WHO guidelines from sourcing till last-mile delivery to the customer's doorstep. 

TenderCuts plans to expand its current operations and pursue organic and inorganic growth opportunities with the current funding. The funds will also allow the company to invest in scaling up its supply chain and technology infrastructure to support innovation and accessibility of its products and services. 

SBI General Insurance Launches “Arogya Supreme” A Comprehensive Health Insurance Plan

General Insurance, one of India’s leading general insurers, announced the launch of a comprehensive health insurance plan named ‘Arogya Supreme’ today. This specific plan is designed to ensure that customers can have full health insurance coverage, including 20 basic covers and 8 optional covers.  

The policy provides a wide range of sum insured options up to Rs. 5 crores, wherein customers can choose from 3 options viz Pro, Plus and Premium based on the sum insured and coverage features. Among other customer-friendly coverages like Sum Insured Refill, Recovery Benefit, Compassionate Visit, etc. customers also have a facility to choose the policy tenure ranging from 1 to 3 years. 

PC Kandpal, MD & CEO, SBI General Insurance Company, said, “In today’s scenario, health insurance has become a necessity and not an option. Arogya Supreme, a comprehensive health insurance plan, with reinstatement feature and a wide range of sum insured, will enable customers to choose the premium and tenure that suits their needs.”  

The surge of Covid-19 cases has underlined the importance of securing your finances with adequate Health Insurance. With diverse and changing symptoms, those affected are undergoing varied treatments. In such a situation where there is a possibility that health insurance cover may be exhausted, Arogya Supreme health policy is loaded with a refill feature, that enables the policyholder to refill full sum insured if the existing sum insured under the policy is exhausted under any treatment, which is a great relief for the customer. Arogya Supreme is a comprehensive product and filed with multiple benefits and coverages for a retail customer, however, we intend to cascade all the filed features / coverages, gradually. 

For more details of the policy, the customers can visit www.sbigeneral.inor download and refer SBI General Mobile App 

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.