Friday, January 28, 2022

Land Rover Opens Bookings For New Range Rover SV - A Unique Interpretation Of Range Rover Luxury And Personalisation


* New Range Rover SV:  Handcrafted by Special Vehicle Operations, it is a unique interpretation of Range Rover luxury and personalisation 

* Powertrains: Available in 2 powertrains - the refined new 4.4 l Twin Turbo petrol and the efficient 3.0 l straight-six Ingenium diesel 

* Curated themes: Available in two design themes that are gateways for New Range Rover SV owners to express their own individuality inside or out: SV Serenity amplifies pure luxury detailing while SV Intrepid exudes a more stealth-like character 

* Exquisite finish: Exclusive materials and paint finish options highlight Special Vehicle Operations’ passion for quality and uncompromising attention to detail  

* Distinct identity: The New Range Rover SV will be the first Land Rover from Special Vehicle Operations to use the new ceramic SV roundel and simplified SV name  

Land Rover today opened bookings for New Range Rover SV in India with a choice of exclusive design themes, details and material choices from Special Vehicle Operations. The Range Rover SV features a refined new 4.4 l Twin Turbo petrol which delivers a power of 390 kW and torque of 750 Nm and the efficient 3.0 l straight-six diesel which delivers a power of 258 kW and torque of 700 Nm. It will be available in both Standard and Long Wheelbase body designs, including a five-seat LWB configuration for the first time. LWB customers also have the option of specifying the four-seat SV Signature Suite with an electrically deployable Club Table and integrated refrigerator. 

Rohit Suri, President and Managing Director, Jaguar Land Rover India, said: “The New Range Rover SV adds more luxury and personalisation options thus enabling our clients to create a truly individual Range Rover that embodies their own character and personality.” 

The New Range Rover SV is distinguished by carefully crafted enhancements that showcase and complement New Range Rover’s modernist design. Exclusive front bumper and five-bar grille designs set the new flagship model apart, with the lower aperture featuring five precisely executed full-width metal-plated blades. Exquisite materials chosen for their tactility include smooth ceramics, sustainably sourced woods and lustrous plated metals, highlighting Special Vehicle Operations’ passion for quality and uncompromising attention to detail. 

Additionally, Range Rover SV models are available with 33.27 cm (13.1) Rear Seat Entertainment screens, which are the largest ever fitted to a Range Rover and the optimum size for comfort. 

Cool Ceramics 

New Range Rover SV is the first vehicle from Special Vehicle Operations to carry the new ceramic SV roundel, which represents the SVO team’s design and engineering passion for modern luxury, performance and capability. The roundel introduces a simplified ‘SV’ model name that will identify all new Land Rover vehicles launched by Special Vehicle Operations in the future.  

Smooth, tactile ceramic is also featured inside, giving the gear shifter, Terrain Response and volume controls an elegant cool-to-the-touch feel. These exclusive ceramic components are produced using the same techniques as luxury watch faces.  

Meticulous Marquetry 

Special Vehicle Operations’ expert craftsmanship extends to the interior wood veneers, including optional mosaic marquetry on the centre console. For Long Wheelbase vehicles specified with the four-seat SV Signature Suite, the marquetry extends from the front of the cabin, right through to the fridge door in the rear, gradating through the centre console on all horizontal surfaces including the electrically deployable Club Table. 

Super-soft Leathers 

As standard, Range Rover SV features a monotone semi-aniline leather interior with uniquely shaped seats and SV-specific embroidery patterns. Near-aniline options with the natural finish and tactility of furniture-grade leather are also available: softer, with fewer treatments and less pigmentation for a more natural feel while meeting Land Rover’s demanding durability standards.  

Sustainable UltrafabricsTM 

For the first time, Special Vehicle Operations customers can specify a Range Rover with a sustainable leather alternative by choosing the Light Cloud and Cinder Grey UltrafabricsTM option with the SV Intrepid interior theme. Featuring a soft haptic and technical aesthetic, this polyurethane material has all the tactile qualities of leather but is 30 per cent lighter and generates only a quarter of the CO2 in its production.  

Exclusive Wheels 

Optional triple-finish 58.42 cm (23) forged Diamond Turned Dark Grey Gloss alloy wheels designed specifically for New Range Rover SV are among the 12 different wheels that can be specified, depending on powertrain and design theme.  

Individual Paint 

New Range Rover SV customers can choose from a selection of the standard Range Rover colour palette or one of 14 additional colours in the SV Bespoke Premium Palette, which includes a range of vibrant Gloss and sophisticated Satin finishes. Customers can also specify a contrast roof in either Narvik Black or Corinthian Bronze (SV Serenity theme only), depending on the body colour chosen.  

Curated Design Themes  

Specially curated SV Serenity and SV Intrepid design themes are key to the personalisation journey on New Range Rover SV. These themes can be specified independently for the exterior or interior, in conjunction with the standard Range Rover SV exterior or interior or applied as one theme to the whole vehicle. In total there are seven different design theme combinations to choose from.  

Inside, these design themes introduce contrasting two-tone front-to-rear colourway options which highlight the focal point of the interior – rear seats for SV Serenity, front seats for SV Intrepid. Additionally, the SV Intrepid interior features a rectangular perforation pattern for the SV-specific seats, offers the progressive non-leather Ultrafabrics™ option, and features Satin Black ceramic controls in place of Gloss White.  

For more information, kindly visit www.landrover.in.

Godrej Security Solutions Invests In Contact Image Sensor Technology To Enhance Their Portfolio Of Currency Handling Products


* Launches ‘Valumatic’- a CIS based currency counting machine for BFSI, retail and commercial sectors

Godrej & Boyce, the flagship company of the Godrej Group, announced that its business Godrej Security Solutions is launching a technologically advanced, CIS based currency counting machine, with a goal to increase its market share in currency handling products market from 6 % to 15% by 2024. This estimated growth and need for more innovation in this category is a result of a gap in the market with regards to the technology that can accurately detect denominations & fake currency. As per the NCRB records, high quality fake currency seized in 2020 was more than ?92.17 crore

Godrej Security Solutions, a prominent security solutions player, has always been in the forefront of pioneering currency handling solutions not just for the banking sector but also for retail and commercial sectors. While the currency handling market is flooded with numerous indigenous and imported brands, Valumatic pegs itself to be differentiated promising maximum accuracy in currency handling. With an advantage over the current 3D and color sensor value counters, Valumatic clearly stands out as a winner owing to its ability to accurately detect denominations & fake currencies of over 10 world currencies, ability to capture image and serial number, connectivity to printers for reports generation and easy software upgrades.

Commenting on the launch of the Valumatic and overall market for Currency handling machines, Mr Pushkar Gokhale, Vice President and Global Head, Marketing and Sales, Godrej Security Solutions, said, “The demand for cash handling products is likely to be driven by various factors and insecurities arising due to economic slowdown during the pandemic. The market opportunity is significant, and we are expecting an estimated sale of 1000 Units per year, with growth of 15% YOY.” With a leading market share in institutional security solutions in India, the new product launch will be backed by a customer touchpoint network of over 300 + channel partners.

According to the RBI records, there has been a jump in fake notes detection in the denominations of Rs. 500 and Rs. 2,000 notes. This in turn has led to the need for better and more accurate currency counting machines at banks and other high volume money establishments. Lack of a fast and more authentic currency counting machine would lead to loss of wealth and disrupt our economy. As per the National Crime Records Bureau, high-quality fake currency seized in 2020 was more than ?92.17 crore, compared to ?25.39 crores in 2019, ?17.95 crores in 2018, ?28.10 crores in 2017 and ?15.92 crores in 2016, the year of demonetisation. Looking at this gap around currency handling products in the market, Godrej Security Solutions’ has increased its investment towards innovation in cash sorting and detection category by 10%.

About Godrej Security Solutions:

Godrej Security Solutions is a division of Godrej & Boyce Mfg. Co. Ltd and part of the USD 4.1 billion Godrej Group. A pioneer and leader in the business, Godrej Security Solutions Division is the largest manufacturer and marketer of Security Solutions in India. It is the largest supplier of security solutions to several prestigious banking, corporate and public institutions. For the first time in the category and the industry, Godrej Security Solutions Division has been awarded the Superbrand status. It has also won the “Most Preferred brand” award in the Home Segment. The Division currently exports its products to over 45 countries including Middle East Asia, South East Asia, Far East Asia, East Africa, the US, Europe and the SAARC Countries. 

Honeywell And Navin Fluorine Partner To Manufacture Proprietary Solstice Range Of Hydrofluoroolefins In India


* Builds on Honeywell’s innovation leadership and long-term commitment to continue to deliver sustainable, energy-efficient solutions with proprietary hydrofluoroolefin (HFO) technology

* Honeywell continues investment in HFO production to ensure global supply needs are met

Honeywell (NASDAQ: HON) and Navin Fluorine International Limited (NSE: NAVINFLUOR), part of the Padmanabh Mafatlal Group, today announced a partnership to manufacture Honeywell’s proprietary Solstice range of hydrofluoroolefins (HFO) in India. Production is scheduled to commence by Q2-2022 at NFIL’s manufacturing facility in Gujarat.

This portfolio of next generation products has no ozone depletion potential and a global warming potential (GWP) of 1, thereby helping customers lower their carbon footprint without sacrificing end-product performance. These products have various applications, including in blowing agents for foam insulation and refrigeration liquid for chillers.

“Many countries have pledged to be carbon neutral and promote technologies to help them meet their sustainability goals. This partnership enables these countries – including developing countries – to transition to HFOs from the more harmful hydrofluorocarbon (HFC) and hydrochlorofluorocarbon (HCFC) alternatives that are currently prevalent,” said Laura Reinhard, VP-GM, Advanced Materials FIP, Honeywell.

“This partnership between Honeywell and Navin Fluorine reflects our confidence in the capabilities of Navin Fluorine to execute such complex, technical projects. We believe this project will be a good start to a long-term partnership between the two companies. We also hope to work with Navin Fluorine to develop a number of new, local applications for the Indian market,” she added.

The demand for low-GWP solutions continues to grow. Multiple global regulations stemming from the Kigali Amendment to the Montreal Protocol require the phasedown of HFCs, driving the demand for more sustainable solutions. Honeywell has already invested more than a billion dollars in research, development and new capacity for its Solstice technology, having anticipated the need for lower-GWP solutions to combat climate change more than a decade ago.

Honeywell’s partnership with Navin Fluorine will enable capacity expansion for its Solstice range to cater to the growing global demand for environmentally friendlier solutions.

Radhesh Welling, Managing Director, Navin Fluorine International Limited, said, “As the country’s leading producer of specialty fluorochemicals, we are pleased to partner with Honeywell for production of Honeywell’s industry-first HFOs at our Dahej facility. This will be a truly Make-in-India product that will serve global customers. We will also work together to develop new applications for Indian market. We strongly believe this project will help us further strengthen our partnership with Honeywell to do bigger and better things together in future.”

Honeywell recently committed to achieve carbon neutrality in its operations and facilities by 2035. This commitment builds on the company’s track record of sharply reducing the greenhouse gas intensity of its operations and facilities as well as its decades-long history of innovation to help its customers meet their environmental and social goals. About half of Honeywell’s new product introduction research and development investment is directed toward products that improve environmental and social outcomes for customers.  

About Honeywell

Honeywell (www.honeywell.com) is a Fortune 100 technology company that delivers industry specific solutions that include aerospace products and services; control technologies for buildings and industry; and performance materials globally. Our technologies help everything from aircraft, buildings, manufacturing plants, supply chains, and workers become more connected to make our world smarter, safer, and more sustainable.  For more news and information on Honeywell, visit www.honeywell.com/newsroom. 

About Navin Fluorine International Limited

Navin Fluorine International Ltd (NFIL) is one of the largest and the most respected Indian manufacturers of speciality fluorochemicals. It belongs to the Padmanabh Mafatlal Group – one of India’s oldest industrial houses. Established in 1967, NFIL operates one of the largest integrated fluorochemicals complexes in India with manufacturing locations at Surat and Dahej in Western India and Dewas in Central India. NFIL’s R&D centre, Navin Research Innovation Center (NRIC), is located at Surat, India. NFIL has five strategic business units: High Performance Products, Refrigeration Gases, Inorganic Fluorides, Speciality Fluorides, and Contract Research and Manufacturing Services (CRAMS). NFIL is ISO 9001 certified for quality, ISO 14001 certified for environment management, and OHSAS-18001 accreditation for safety management. To learn more, visit https://www.nfil.in/

The Adani Evening EducationCentre (AEEC) Launched At Kattupalli


The Adani Foundation today launched the Adani Evening Education Centre (AEEC) at Kattupalli. The AEEC was launched by Shri Sethu Raman, Panchayat Leader, Kattupalli Village panchayat in the presence of several officials and local community members. The AEEC programme will target students from the 6th to 10th standard and focus on tutoring them in English and Mathematics, while also assisting them with other subjects. These classes will be conducted daily for six days a week from 5 pm to 7 pm. The space for conducting these classes have been provided for by the Panchayat. This initiative has been proposed in ten villages of which, AEEC is already active in five. This programme is largely benefiting students from the fishing and other marginalized sections including the Irula community.

The AEEC programme is a part of the Adani Foundation CSR programme that is focused on social development intervention in 71 villages from 11 Panchayats.  With a focus on improving the quality of education and life skills benefitting the students of the local community, the AEEC will conduct evening education classes in five villages; Kattupalli, Pulicat, Kottaikuppam & Light House Kuppam Panchayats for the benefit of the Irula & Fishing Community Students.

Speaking at the inauguration, Shri Sethu Raman, Sarpanch of Kattupalli Village said, “Since schools are closed as per government norms till 31st Jan 22, the Adani group is helping students from the 6th to 10th standards in English and Mathematics. I request students to make use of this opportunity and wish they will come forward and express their desire to learn more subjects. I am confident that the Adani group will facilitate the same. I also request all to maintain covid protocol while attending class by wearing masks and keeping social distance.”

Presently the teachers are identified from the local community having Degree and above qualification and keen on serving the community. In the five villages this initiative has been rolled out in, several tangible benefits have already been noticed. These include the centre becoming a stress-free meeting place for students, increased attention and discipline with the Yoga classes and introduction of new life skills. Currently 265 students have enrolled in the AEEC

About Adani Foundation

Established in 1996, Adani Foundation today has widespread operations in 16 states that include 2,409 villages and towns across the country, with a team of professionals who work with an approach that embodies innovation, people participation and collaboration.

Touching the lives of more than 3.7 million people and passionately working towards creating social capital with focus on four core areas – Education, Community Health, Sustainable Livelihood Development and Infrastructure Development, Adani Foundation acts towards inclusive growth and sustainable development of the rural and urban communities, in turn contributing towards nation-building. 

Airtel And Google Partner To Help Grow India’s Digital Ecosystem


* Google to invest up to $1 billion in a partnership with Airtel as part of its Google for India Digitization Fund

* Deal includes investment of $700M to acquire 1.28%* ownership in Airtel and up to $300M toward potential multi-year commercial agreements

* The partnership will focus on enabling affordable access to smartphones across price ranges, and will continue to explore building on their existing partnerships to potentially co-create India-specific network domain use cases for 5G and other standards, and help accelerate the cloud ecosystem for businesses across India 

Bharti Airtel (“Airtel”), one of India’s premier communications solutions providers, and Google today announced that they will partner on a long-term, multi-year agreement to accelerate the growth of India’s digital ecosystem. Together, they will work to bring best-in-class end-to-end products to serve customer needs, provide quality customer experience, and bring their expertise to solve problems of affordability, access, and digital inclusion.

As part of this partnership, Google intends to invest up to $1B, as part of its Google for India Digitization Fund, which includes equity investment as well as a corpus for potential commercial agreements, to be identified and agreed on mutually agreeable terms over the course of the next five years. This will comprise:

A $700M equity investment in Bharti Airtel at a price per share of INR 734.

Up to $300M that will go towards implementing commercial agreements, which will include investments in scaling Airtel’s offerings that covers a range of devices to consumers via innovative affordability programs as well as other offerings aimed at accelerating access and digital inclusion across India’s digital ecosystem.

This deal will be subject to necessary regulatory approvals.

The two organizations recognize the importance of a connected India, in empowering businesses as they progress on their Digital Transformation journeys, and building a strong digital ecosystem for consumers everywhere. Both organizations are committed to working towards building an open technology ecosystem that serves customers and businesses with innovative digital services, and have agreed to jointly explore and invest across a wide spectrum of areas to create digital solutions that uniquely serve India’s requirements.

As a part of its first commercial agreement, Airtel and Google will work together to build on Airtel’s extensive offerings that covers a range of Android-enabled devices to consumers via innovative affordability programs. Together, the companies will continue to explore further opportunities to bring down the barriers of owning a smartphone across a range of price points, in partnership with various device manufacturers.

Under the larger strategic goals of the partnership, both companies will also potentially co-create India-specific network domain use cases for 5G and other standards, with cutting-edge implementations. Airtel is already using Google’s 5G-ready Evolved Packet Core & Software Defined Network platforms, and plans to explore scaling up the deployment of Google’s network virtualisation solutions to deliver a superior network experience to their customers.

Both companies will also focus on shaping and growing the cloud ecosystem in India to accelerate their digital transformation journeys. Airtel serves over one million small and medium businesses with its enterprise connectivity offering, and this partnership will help accelerate digital adoption.

Sunil Bharti Mittal, Chairman of Bharti Airtel said, “Airtel and Google share the vision to grow India’s digital dividend through innovative products. With our future ready network, digital platforms, last mile distribution and payments ecosystem, we look forward to working closely with Google to increase the depth and breadth of India’s digital ecosystem.”

“Airtel is a leading pioneer shaping India’s digital future, and we are proud to partner on a shared vision for expanding connectivity and ensuring equitable access to the Internet for more Indians,” said Sundar Pichai, CEO of Google and Alphabet. “Our commercial and equity investment in Airtel is a continuation of our Google for India Digitization Fund's efforts to increase access to smartphones, enhance connectivity to support new business models, and help companies on their digital transformation journey.”

About Airtel:

Headquartered in India, Airtel is a global communications solutions provider with over 480 Mn customers in 17 countries across South Asia and Africa. The company ranks amongst the top three mobile operators globally and its networks cover over two billion people. Airtel is India’s largest integrated communications solutions provider and the second largest mobile operator in Africa. Airtel’s retail portfolio includes high speed 4G/4.5G mobile broadband, Airtel Xstream Fiber that promises speeds up to 1 Gbps with convergence across linear and on-demand entertainment, streaming services spanning music and video, digital payments and financial services. For enterprise customers, Airtel offers a gamut of solutions that includes secure connectivity, cloud and data centre services, cyber security, IoT, Ad Tech and cloud based communication. For more details visit www.airtel.com

About Google:

Google's mission is to organize the world's information and make it universally accessible and useful. Through products and platforms like Search, Maps, Gmail, Android, Google Play, Chrome and YouTube, Google plays a meaningful role in the daily lives of billions of people and has become one of the most widely-known companies in the world. Google is a subsidiary of Alphabet Inc.

Sportz Village Schools Developed Programs To Enable Children To Be Physically Engaged In Safety And Comfort Of Their Homes


By  Mr. Krish Iyengar- Head Sportz Village Schools & Group Head - Marketing, Sportz Village 

How did Sportz Village Schools engage with children during the COVID?  

Children all over the world had their schooling disrupted due to the pandemic. Post the schools shut down in India, Sportz Village Schools developed programs and offerings which enabled children to be physically engaged in the safety and comfort of their own homes. We introduced ‘Play at Home’ a program that consisted of physical education classes with the curriculum suitably adapted to be conducted online. In addition to this, we also developed a web-based platform called ‘Sportz Village Leaderboard’. The Leaderboard incentivized children to be physically active by gamifying different physical activities. With these digital programs, Sportz Village was able to engage with close to 1.5 Lakh children and conducted more than 50,000 sessions. 

How are the programs of Sportz village Schools different from the ones conducted by regular schools and how has the experience been for children?

The Sportz Village in-school program is different from standard Physical education programs in a variety of ways. Firstly the Sportz Village program is implemented with the help of a scientifically designed curriculum. This curriculum is designed in such a way so as to be engaging and inclusive. The Sportz Village program also utilizes props and equipment which is designed as per the age of the children. Our program also has bi-annual assessments which helps track the performance of the child in different fitness and skill parameters. These assessments also help parents identify which sports their child could specialize and excel in. We also provide schools with content that seeks to teach academic concepts through sport.

What measures schools should take for children post-re-opening, to conduct physical activities? 

As recently the government has given a go-ahead to schools to re-open, physical education classes should also be normalised to ensure basic health and fitness of children. Schools need to implement social distancing norms. Sportz Village Schools curriculum has been modified in such a way that there is minimal physical interaction between children and minimal sharing of props and equipment. Although the introduction of these classes is necessary, care must be taken that the children are reintroduced to physical activity in a gradual, phased manner as we must take into consideration their reduced fitness levels. 

How Sportz Village Schools is enabling children to be fit and active?

Sportz Village Schools keep children fit and active through our in-school programs. These programs are a part of the school curriculum and ensures that children achieve the necessary amount of physical activity . These programs are implemented with the help of our dedicated trainers who are experts in their field. They are trained extensively on the Sportz Village curriculum ,both before deployment to schools as well as during refresher trainings throughout the year.  Our programs are also designed in such a way that all children irrespective of age and skill level are meaningfully engaged. The curriculum consists of different lesson plans, which focus on different fitness parameters as well as sports specific skills. The program also consist of a lot of both inter-school and intra-school events which give a children a chance to take part in competitive matches. 

Generali To Become Majority Shareholder In Indian Insurance JV


* Generali will become the majority shareholder of Future Generali India Insurance Company Limited and Future Generali India Life Insurance Company Limited 

* The move is in line with Generali’s ‘Lifetime Partner 24: Driving Growth’ strategy to strengthen its presence in fast-growing markets 

* Follows the announcement in 2021 by the IndianGovernment to permitthe increase of Foreign Direct Investment limit in the insurance sector from 49% to 74% 

* Strong market opportunity thanks to India being one of the fastest-growing economies in Asia: the size of the insurance market is around € 21 billion (March 2021), with an expected double-digit annual growth rate 

 Generali has signed agreements to become the majority shareholder in both its Life and P&C joint ventures in India. Both transactions are subject to the approval of relevant regulators. 

In the P&C business, Generali has agreed to acquire from Future Enterprises Limited 25% of the shares of Future Generali India Insurance (FGII) for a consideration of around € 145 million. After closing, Generali will hold a stake of around 74% in FGII. FGII is among the fastest growing general insurance companies in the market with a diversified product and distributor portfolio; as of March 2021 (fiscal year end for Indian insurance companies), it reported around € 450 million of premiums. 

Regarding the Life business, an agreement has been signedto acquire the entire stake(around 16%) held by Industrial Investment Trust Limited (IITL) in Future Generali India Life (FGIL) for a consideration of around € 26 million. FGIL reported around € 150 million of gross written premiums as of March 2021. In addition, Generali will subscribe to a preferential allotment of sharesin FGIL (around€ 21 million). As a result, following the closing of the transaction and completion of the preferential allotment, Generali will hold a stake of around 68% in FGIL, which may increase furtherto 71% by the end of 2022, following furtherpreferential allotment of shares. 

The transactions are fully in line with the ‘Lifetime Partner 24: Driving Growth’ strategy, strengthening Generali’s position in fast-growing markets and confirms the Group’s commitment to deliver profitable growth whilst creating value for customers, consistent with Generali’s Lifetime Partner ambition. Generali is the first player among international insurers to step-up to a majority stake in both its Indian insurance Joint Venture companies since the new foreign ownership cap came into effect.  

Following the completion of all the components of the transaction, the total estimated impact on the Group’s Regulatory Solvency Ratio will be approximately -4 p.p. in 2022. 

Jaime Anchústegui Melgarejo, CEO International, Generali Group, said: “Increasing Generali’s stake in our Indian Life and P&C insurance businesses represents a further step ahead in our growth journey in this high potential market. With an expected double-digit annual growth rate, India’s insurance market offers considerable opportunities, and we look forward to deepening our presence in this geography, becoming Lifetime Partners to an increasing share of Indian customers.” 

Rob Leonardi, RegionalOfficer, Generali Asia, said: “We’re excitedthat we are now able to consolidate our position in our Life and P&C insurance businesses, as it has always been our intention to increase our presence in India. Once the transactions are completed, we plan to do so in a way that will create more value for our more than 4 million customers, agents, partners and distributors.” 

India is one of the fastest growing insurance markets in the world, with nominal GWP growth at 10%+ CAGR over 2022-20301,2. It is uniquely attractive, thanks to its high real GDP growth(8% YoY growthexpected in 2021-20222, among the highestof south-eastern Asian countries), low insurance penetration levels (with GWP representing only 4.2%3  of GDP as at 20203) andprivate consumption and disposableincomes(expected to grow around 7% over the next 5 years2). 

Citigroup and Alvarez & Marsal acted as financial advisors to Generali on the transactions. 

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