Friday, August 27, 2021

Now Personalize Your Fan In The Shade Of Your Choice-A Unique Offering From Fanzart


Fanzart has been in the business of designer luxury fans for close to a decade now, and is at the forefront of innovation in the sector. In a latest offering, Fanzart now enables its customers to personalize any fan from their catalog to a color shade of their choice. This includes being able to customize the color of your fan blades, the motor housing, and the downrod too. With this option, customers can create a luxury fan that can be incorporated into the interior design of their space in a personalized manner – making their homes truly one-of-a-kind. 

Speaking on the launch of this latest offering, Tarun Lala, Executive Director, Fanzart says, “We strongly believe that luxury fans should make way for customization. This offering is the natural next step for our customers looking for something that is uniquely them. It can be incorporated into our wide portfolio of designer fans – those with lights, retractable blades, wooden blades, and even our pedestal fans. We are sure that interior designers and architects will find this a useful feature too, to provide their clients with exclusive interior design options”. 

As pioneers in the field of luxury fans, Fanzart offers customization for select models in more than 3600 shades allowing you to create a luxury fan that can be incorporated into the interior design of your space in a personalized manner – making your homes truly one-of-a-kind.

Maple – The Maple leaf-shaped 5-blade wooden designer fan, ideal for bedrooms and living rooms. 

Pine – The 65-inch 3-blade wooden fan for larger common living areas like the drawing-room or the bedrooms

Cherry – The 52-inch and 36-inch designer fan with 3 natural wood blades

Salsa – The model that takes on a great glossy shade on its 3 blade aluminium alloy design

Zen – The 56-inch fan with multi-colored LED lights, great for bedrooms, living rooms, and dining areas. 

About Fanzart

In the 10 years since its entry into the market, Fanzart has risen to prominence as a pioneer and leader in the luxury designer fans segment. With showrooms across the country, Fanzart is a name to reckon with in the luxury interior segment with its niche offerings. The products are also shipped internationally and have made a mark for themselves. 

For more details and online purchase please log on to www.fanzartfans.com

Cinthol Health Plus And Fortis Announce A Partnership Initiative For Post COVID-19 Vaccine Sensitization


The COVID-19 vaccination drive across India is picking up pace, thanks to the combined efforts of public hospitals and private healthcare providers. While people are getting vaccinated, they have many doubts and questions on post-vaccination hygiene and care. On the other hand, some individuals become completely negligent towards hygiene norms after their vaccine dose, believing they are completely immune. Acknowledging these concerns and to address them, an interesting initiative has been announced.

Cinthol Health Plus, the health soap brand from Godrej Consumer Products Ltd (GCPL), and Fortis Hospital Vadapalani have joined hands for a post-vaccine sensitization programme. The objective is to create awareness around post-vaccine precautions, do’s and don’ts while encouraging citizens to keep following hygiene norms even after the vaccination is done. The week-long pilot of this programme has already started at Fortis Hospital, Vadapalani (Chennai), where a post-vaccine kit will be given free of cost to those getting vaccinated at the hospital.

Being built on the strong association with protection outdoors, Cinthol Health Plus is a health soap that gives all-round protection with a refreshing fragrance. Fortis Healthcare, a leading private sector healthcare provider in India and across its network hospitals has been at the forefront of the vaccination drive with 24 hospitals across India engaged in administering vaccinations.

Cinthol Health Plus has conceptualized the post-vaccine sensitization kit along with Fortis Hospital, incorporating key hygiene messages that can inform and empower people. The carefully curated kit contains a COVID-19 booklet capturing important do’s and don’ts in an easy to understand language. The kit also includes safety and hygiene products, including Cinthol Health Plus germ protection soap, sanitizer, masks, gloves, face shield, face wipes, among others. 

Commenting about the initiative, Sunil Kataria, CEO - India and SAARC, Godrej Consumer Products Limited (GCPL), said, “Vaccination is the most important part to beat the COVID-19 virus. As a brand, Cinthol Health Plus has always inspired people to take on one’s duties fearlessly with its assurance of protection from germs. Our post-vaccine sensitization program is a humble step to contribute to the massive national COVID-19 vaccination drive. The strategic partnership with Fortis will facilitate a direct connect with individuals taking their vaccine dose.  We are confident that the pilot program in Chennai will lead to a positive impact and inspire many more such initiatives across cities.” 

Speaking on the partnership, Dr. Sanjay Pandey, Zonal Director, Fortis Hospitals, Chennai said, “We are delighted to partner with Cinthol Health Plus to raise awareness among the public about the need of maintaining basic hygiene during COVID. In many cases, post vaccination, there is misconception in the minds of people that they can ignore basic hygiene – Sanitising, Masking and Social Distancing (SMS). While there is no doubt that the current two-dose vaccines will surely protect an individual from ending up in ICU or getting cured with minimal infection, medical experts are still in the process of learning and understanding the vaccine’s longevity, virus mutations and behaviour. Even before the vaccine, individual discipline protected everyone from the virus spread. Today, it is still necessary to maintain that discipline and follow SMS even after getting vaccinated. We sincerely request every individual to follow SMS principle to contain community spread and remain protected.”

About Godrej Consumer Products Ltd:

Godrej Consumer Products is a leading emerging markets company. As part of the 124-year young Godrej Group, we are fortunate to have a proud legacy built on the strong values of trust, integrity and respect for others. At the same time, we are growing fast and have exciting, ambitious aspirations.

Today, our Group enjoys the patronage of 1.15 billion consumers globally, across different businesses. In line with our 3 by 3 approach to international expansion at Godrej Consumer Products, we are building a presence in 3 emerging markets (Asia, Africa, Latin America) across 3 categories (home care, personal wash, hair care). We rank among the largest household insecticide and hair care players in emerging markets. In household insecticides, we are the leader in India, the second largest player in Indonesia and are expanding our footprint in Africa. We are the leader in serving the hair care needs of women of African descent, the number one player in hair colour in India and Sub-Saharan Africa, and among the leading players in Latin America. We rank number two in soaps in India and are the number one player in air fresheners and wet tissues in Indonesia.

But for us, it is very important that besides our strong financial performance and innovative, much-loved products, we remain a good company. Approximately 23 per cent of the promoter holding in our Group is held in trusts that invest in the environment, health and education. We are also bringing together our passion and purpose to make a difference through our 'Good & Green' approach to create a more inclusive and greener India.

At the heart of all of this, is our talented team. We take much pride in fostering an inspiring workplace, with an agile and high performance culture. We are also deeply committed to recognising and valuing diversity across our teams.

About Fortis Healthcare Limited  

Fortis Healthcare Limited – an IHH Healthcare Berhad Company – is a leading integrated healthcare services provider in India. It is one of the largest healthcare organizations in the country with 36 healthcare facilities (including projects under development), 4000 operational beds and over 400 diagnostics centers (including JVs). Fortis is present in India, United Arab Emirates (UAE) & Sri Lanka. The Company is listed on the BSE Ltd and National Stock Exchange (NSE) of India. It draws strength from its partnership with global major and parent company, IHH, to build upon its culture of world-class patient care and superlative clinical excellence. Fortis employs 23,000 people (including SRL) who share its vision of becoming the world’s most trusted healthcare network. Fortis offers a full spectrum of integrated healthcare services ranging from clinics to quaternary care facilities and a wide range of ancillary services.

UTI Mid Cap Fund: Benefit From The Market’s Potential Sweet Spot


In contrast to biological life cycle, companies do go through periods of growth and saturation. Mid cap companies capture a period in the typical business life cycle, wherein companies have successfully navigated the phase inherent to small companies, such as raising initial capital, managing early growth challenges, however, these companies are likely to sustain leadership, operate with significant moat, and they are not so large enough that their ability to fast grow is disparaging. Therefore, mid-cap companies can offer a sweet spot between fast-growing small businesses and well-established large companies.

Mid cap stocks fall in between large cap and small cap stocks and are typically determined based on the market capitalization of the companies. As defined by SEBI, 101st to 250th company by full market capitalization are mid cap stocks. A mid cap fund predominantly invests in mid cap stocks with a minimum of 65% of the fund’s corpus in equity & equity related instruments of mid cap companies.

The Funds investing in mid cap companies provide investor an opportunity to cover broader market capitalization helping in portfolio diversification and also an opportunity to take part in growth stories of medium sized businesses. However, investors should take cognizance of its inherent risks, as both risk and reward potential of mid cap funds are relatively higher than that of well-diversified growth funds.

UTI Mid Cap Fund is an open ended equity scheme investing predominantly in mid cap companies. The Fund’s strategy focuses on investing in companies with scalable business models and long growth runway, the fund is also open to investing in good companies whose business/s are going through transitory phase of weakness OR undergoing a transformational change. The Fund pursues pure bottom-up stock selection approach to pick businesses with healthy financials and potential for sustenance of margins over a period of time. The Fund is also a well-diversified portfolio with about 70 stock covering various sectors and industries.

The Fund’s inception was on April 7, 2004 and has an AUM of over Rs. 6,200 crores with over 3.60 lakhs of unit holder accounts as of July 31, 2021. The Fund is a true to label product, therefore would prefer to have an allocation in mid cap and small cap companies in the range of 85-90% in the portfolio at all point in time. The Fund has about 67% invested into mid cap companies, 20% into small cap companies and remaining in large cap companies as on July 31, 2021. The scheme’s top holding consists of SRF Ltd., Mphasis Ltd., PI Industries Ltd., Jubilant Foodworks Ltd., Cholamandalam Investment and Financial Services Ltd., Crompton Greaves Consumer Electronics Ltd., Gujarat Gas Ltd., Tube Investments of India Ltd., Bharat Forge Ltd., and Astral Ltd. which accounts for about 27% of the portfolio’s holdings.

The Fund with its diversified exposure aims to strike a balance between risk and reward by following a patient approach towards companies in the portfolio and with right mix of companies with Return on Capital Employed (RoCE) and Cash flow profile. This is likely to aid in mitigating sharp return divergence and volatility of the portfolio.

UTI’s rich experience in research and fund management, coupled with coverage of large cross section of companies in mid and small cap universe will help the Fund in picking quality stocks and also avoid the poor ones.

UTI Mid Cap Fund is suitable for investors looking for an investment in a portfolio predominantly investing in mid cap companies and looking to supplement their core equity portfolio with its underlying growth potential.

Globally The Race To Digital Adoption Picks Up During FY 20-21



Cashfree Payments sees over 150% increase in active merchants in last 12 months

●        Total active/transacting merchants grew by more than 150% between June 2021 and June 2020

●        Growth is primarily led by the e-commerce sector, followed by digital goods and ed-tech sector

●        Tier 2-Tier 3 India contribute increasingly to overall growth base

Leading digital payments and banking technology company Cashfree, announced that it has recorded a rise of 150 per cent in active/transacting merchants from July 2020 to July 2021 highlighting a gradual and systematic increment in digital adoption among merchants.  In the same period, the number of merchant sign-ups has grown from  around 70000 in July 2020 to more than 130000 in July 2021, recording a 95 per cent growth. Interestingly, almost 30 per cent of the overall merchant sign-ups have been from the e-commerce sector, followed closely by the digital goods and the ed-tech sector. Cashfree provides full-stack payments solutions enabling businesses in India to collect payments and make payouts via all available methods with a simple integration.

In the last one year, the pandemic situation has led to an all-time high digital adoption rate for both consumers and businesses. A key contributor to this growth has been the increased  adoption of digital payments among merchants during the pandemic, particularly during the second wave, leading to stringent lockdown measures and social distancing norms. This has propelled the need to cut down on physical modes of payments and adopt digital options. This is particularly evident in Tier 2-Tier 3 India, where the ease of digital payment options, combined with the need to comply with social-distancing norms has  seen the emergence of new geographies contributing to the overall consumer base growth.

Akash Sinha, CEO and Co-Founder, Cashfree said, “The pandemic has led businesses to rethink their entire payment management processes. At Cashfree, we’re using innovations and predictive analysis for precise credit assessment and customized solutions to build a suite of products that can be customised to meet the glocal needs of Indian merchants. One of the earliest adopters have been merchants from the e-commerce sector. They contribute to almost 26% of our overall merchant sign-up base, followed by digital goods and the ed-tech sector. It has also helped to open up our services to deeper India in places such as Indore, Jaipur, Lucknow among others. From bank account verification API and Auto Collect -- a virtual account solution to match inbound payments to customers, Cashfree is constantly trying to ensure that businesses in India have access to technologies that serve their needs.”

At present, Cashfree’s client list  includes leading names like  Cred, BigBasket, Zomato, HDFC Ergo, Ixigo, Acko, Zoomcar, and Delhivery among others.

Cashfree has been expanding rapidly over the past few months. Recently, India’s largest lender, SBI invested in Cashfree underscoring the company’s role in building a robust payments ecosystem. Further delivering on its commitment, Cashfree caters to the difficulties faced by young as well as traditional businesses. Through its partnerships, the company has launched several personalized products and solutions for specific business use cases to elevate end-user experiences. With over 50% market share among payment processors, Cashfree today leads the way in bulk disbursals in India with Cashfree Payouts.

Cashfree is also amongst the leading payment service providers in India and processes transactions worth USD 20 billion annually. Apart from India, Cashfree’s products are used in eight other foreign countries like the USA, Canada and the UAE.

Atos Successfully Delivered Critical IT For Olympic Games Tokyo 2020


* Olympic Games Tokyo 2020 was the most digitally connected Olympic Games in history

Atos, the Worldwide IT Partner of the Olympic and Paralympic Games, today announced it has run and orchestrated the key digital IT systems that helped to safely and securely deliver the Olympic Games Tokyo 2020, and enabled billions of fans around the world to follow the competitions in these unprecedented times.

Atos’ broad scope of responsibility in the Olympic Games included everything from program and operations management and the development and hosting of critical applications, to digital integration. Working side-by-side with the IOC (International Olympic Committee), Tokyo 2020 Organising Committee and other technology partners, Atos ensured the effective digital delivery of the event.

Reducing the environmental impact of the Olympic Games

The fast-evolving secure, decarbonized, digital technology landscape brings innovation, in each edition of the Olympic Games and Tokyo 2020 was an exciting next step in the digital transformation of the Olympic Games. In line with its own groundbreaking commitments towards decarbonization and Net Zero, Atos is actively participating in global efforts to reduce the environmental impact of the Olympic Games – fully migrating all systems to the cloud, supporting key technology testing and rehearsal remotely and scaling down the number of physical servers needed for previous Olympic Games. This new delivery model enabled to reduce energy consumption, heat emanation, reduce the amount and number of resource intensive hardware infrastructures, as well as limiting the number of employees travelling to the host city. Atos will be reusing the same technologies for the Paralympic Games.

“In these unprecedented times, the support and confidence of our Worldwide Partners is now more important than ever. We are pleased to be working with Atos, our trusted guide in a period of great digital transformation, to provide the digital backbone and key digital platforms we rely on to run the Olympic Games. We are delighted to be able to keep counting on Atos to support the Olympic Movement and to help bring the Olympic values to billions of people across the globe.” said Thomas Bach, President of the International Olympic Committee (IOC).

Tokyo 2020 in numbers

* All critical applications were hosted 100% in the Atos cloud

* 400,000 accreditations issued (up to 30% since Rio 2016) – which also served as a secure official border entry document into Japan

* 41,724 volunteers accepted through the volunteer portal

* 339 events in the Olympic Program with near-instant transmission of results to fans, journalists and broadcasters

* Billions of viewers

* 200,000 hours of technical testing during the preparations – including Olympic Games-first virtual methods to complete technology rehearsals

* Physical servers have been reduced by nearly 50% compared to previous editions – operating from 250 servers in Rio 2016 to just over 130 in Tokyo 2020

* Record breaking traffic for Olympic digital platforms (+50% users compared to Rio 2016)

* 6.5 M users of the official Olympic website during the first days of the Olympic Games

“Members of the Atos team are champions behind the scenes, and I am extremely proud of their hard work and dedication,” said Elie Girard, Atos CEO. “We brought our trusted digital expertise and 30-year experience to ensure the successful delivery of the Olympic Games. By quickly adapting to the COVID-19 pandemic, the Atos family has shown flexibility and has leveraged its digital security expertise to enable fans and all stakeholders worldwide to keep track of their favorite athletes – which is a fantastic achievement, as these Olympic Games were the most connected in history.”

Atos provided critical digital solutions to Tokyo 2020, including Games Management Systems supporting the planning and operations of the Olympic Games and Information Diffusion Systems delivering real-time results to the media and the Olympic family. Atos also secured the entire IT infrastructure, leveraging its expertise in digital cybersecurity and as number #2 managed services provider worldwide. Its centralized and cloud-based security services included a Security Operations Center (SOC), a Computer Security Incident Response Team (CSIRT), endpoint detection & response and vulnerability assessment services.

As part of the digital innovations of the Tokyo 2020, Atos also implemented edge computing technology allowing reduced processing time and developed the most innovative Advanced Access Control Sy­stem in history, which integrates facial recognition.

Looking forward to the Tokyo 2020 Paralympic Games, Beijing 2022 and Paris 2024.

After an extraordinary Olympic Games, Atos will look to accomplish the same feat for the truly exciting Paralympic Games, starting August 24, supporting the same spectrum of digital technologies covering 540 events from 22 different sports.

As the secure, decarbonized digital technology landscape evolves Atos teams are eager to bring their innovation commitment and passion for the successful organization of the next editions and will be supporting the IOC for the Beijing 2022 and  Olympic Games Paris 2024 https://atos.net/en/olympic-games.

Vi Integrates Vi Movies And Television All In Vi New App


* Now Stream Your favourite Content on Vi App

Vi, India’s leading telecom operator, today announced a significant capacity addition by integrating ‘Vi Movies & TV App’ into the ‘Vi App’, which now allows customers to stream their favourite content seamlessly. Offering a simplified and new user experience, Vi App will now double up as an OTT app offering a rich repertoire of content, in addition to the wide range of products & services available. 

Vi subscribers can now access robust content on Vi App from: 

·         450+ Live TV channels including the likes of Zee TV, Zee Cinema, Colors HD, Colors Infinity, Discovery, MTV, History TV, SunTV, Zee Bangla, Animal Planet, Nick & many more

·         Live News on channels like Aaj Tak, India TV, CNBC Awaaz, Republic TV, ABP News, NDTV 24x7, CNN News & many more

·         Premium content from OTT apps like Voot Select, Discovery, Lionsgate Play, SunNxt and Shemaroo Me

The integrated experience is now live for Android users and will soon be available for iOS users. You can download the App via: https://myvi.in/VI_MTV  

About Vi:

Vodafone Idea Limited is an Aditya Birla Group and Vodafone Group partnership. It is India’s leading telecom service provider. The Company provides pan India Voice and Data services across 4G, 3G and 2G platform. With the large spectrum portfolio to support the growing demand for data and voice, the company is committed to deliver delightful customer experiences and contribute towards creating a truly ‘Digital India’ by enabling millions of citizens to connect and build a better tomorrow. The Company is developing infrastructure to introduce newer and smarter technologies, making both retail and enterprise customers future ready with innovative offerings, conveniently accessible through an ecosystem of digital channels as well as extensive on-ground presence. The Company is listed on National Stock Exchange (NSE) and Bombay Stock Exchange (BSE) in India. 

Thursday, August 26, 2021

Tetra Pak’s Sustainability Report Shows Strong Actions To Meet Net Zero Ambition

 


* Accelerated development of the world’s most sustainable food package with €100 million investment per annum

Tetra Pak, a world leading food processing and packaging solutions company released the 2021 Sustainability Report, celebrating the many ways the company has worked to protect food, people, and the planet in the past year. An annual tradition since 1999, this year's report is especially poignant during a global pandemic, while the world's focus on planet and the environment is being challenged.  

Here are some highlights from the global operations in 2020:

·         Continued to ensure food safety and help customers maintain uninterrupted food supplies during the COVID-19 crisis; In 2020 alone, over 77 billion litres of products have been sold in Tetra Pak packages.

·         Worked in partnerships to ensure 64 million children in 45 countries received milk or other nutritious beverages in Tetra Pak packages in their schools, despite the pandemic

·         Achieved our 2020 climate goal, decoupling economic growth from GHG emissions across the full value chain, scope 1, 2, 3 (-19% versus 2010). Achieved an outstanding –70% GHG reduction in our own operations from 2010 to 2020, scope 1 and 2.

·         Announced a net zero climate goal and SBTi approved science-based targets across all scopes 1, 2 & 3

·         Technical validation with limited commercial launch of first aseptic package with non-foil barrier.

·         Launched breakthrough low-energy equipment line for processing juices and still drinks

·         Led and implemented a wide range of activities across the recycling value chain in markets around the world, contributing to increased global carton package recycling rate of 27%.

·         Became the only company in the carton packaging sector to be included in CDP’s leadership band for environmental transparency and action for five years in a row and to score an outstanding double “A” for climate and forests

·         Extended the use of renewable electricity across our factories to 83% in 2020, up from 69% in 2019, surpassing our target of 80%.

In addition, here are some highlights of Tetra Pak's initiatives in India in 2020:

·         Continued to ensure uninterrupted support to our customers and the nation during the lock-down period owing to COVID-19 pandemic. Over 1.8 billion litres of products have been supplied to brands across India in 2020 alone.

·         Deployed over INR 5 crores towards COVID-19 relief efforts in India

·         Worked closely with customers to help optimise their operations and equipment to help reduce water, energy and product waste

·         Installed solar panels with a capacity of 3000 kW, at our manufacturing site at Chakan (Maharashtra) - a step towards reaching our 100% renewable electricity target

·         Doubled the capacity of our Certified Renovation Center that refurbishes packaging & processing equipment by reusing 80% of the material, while extending the life of the equipment by another 60%, significantly reducing the CO2 impact

·         Tetra Pak’s Collection & Recycling Network expanded to cover 26 states and Union Territories, over 45 cities & 15 Army cantonments, supported by 4 recyclers across India

o   4 new collection partners added in 4 cities - Earth Recycler in Chennai, FINISH Society in Udaipur, The Kabadiwala in Bhopal and Waste Warriors in Dehradun

o   A new used carton package collection facility set up in partnership with the Indian Army at Joshimath, Uttarakhand

o   Also, the first ever carton package recycling facility was set up in Sri Lanka, in partnership with EcoMaximus

·         Reached a recycling rate of over 40% in India owing to Tetra Pak’s own efforts as well as the efforts of the industry through Action Alliance for Recycling beverage Cartons (AARC)

o   AARC now includes 15 member companies including leading F&B brands and carton manufacturers

·         Successfully completed 11 years of Go Green with Tetra Pak (consumer awareness program in Mumbai), collecting over 80 lakh carton packages over the years. The program was expanded further to Chennai with 18 consumer drop-off points set up across the city.

·         Successfully concluded Phase 1 (2017-2019) and kicked-off Phase 2 of Alag Karo – Har Din Teen Bin, a waste segregation program run in partnership with Coca Cola India, Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) GmbH, implemented by Saahas.

The full report including highlights & cases from India can be viewed here: https://www.tetrapak.com/en-in/sustainability/sustainability-updates

As a world-leading food processing and packaging solutions company, Tetra Pak recognizes that future success depends on the company’s ability to provide safe and environmentally sound products to consumers and commits to being socially responsible in the way that it operates across the value chain. The company has long taken a value chain approach because it recognizes that it can only create a more sustainable future by addressing the interconnected nature of the environmental, social and economic challenges. Tetra Pak uses the UN Sustainable Development Goals (SDGs) to help prioritise sustainability efforts. The company’s Strategy 2030, which will guide the team over the next decade, has “Lead the sustainability transformation” as one of its central pillars comprising of two goals: “Lead with low-carbon circular economy solutions” and “Enhance sustainability across the value chain”. This is well reflected in the actions taken in 2020, and the plans laid out for the next decade.

About Tetra Pak:

Tetra Pak is a world leading food processing and packaging solutions company. Working closely with our customers and suppliers, we provide safe, innovative and environmentally sound products that each day meet the needs of hundreds of millions of people in more than 160 countries. With over 25,000 employees around the world, we believe in responsible industry leadership and a sustainable approach to business.

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