Wednesday, March 2, 2022

Simpl To Recruit Over 250 Employees In The Fiscal Year 2022


Simpl, the market leader in 1-tap checkout, today announced its hiring plans for the financial year 2022. The fintech start-up expects to hire over 250 employees this year across different verticals.

The leading BNPL platform plans to expand its engineering team heavily and is looking to hire from top-tier colleges across the country. As a part of its commitment to gender- diversity, Simpl is also proactively putting efforts to bridge the male to female ratio in its engineering department. With women leaders already heading essential functions such as the Partner Success, Data Science & Engineering teams, Simpl is well on its way to establishing a gender-balanced organization over the coming years.

Commenting on the announcement, Nitya Sharma, Co-Founder- Simpl said, “At Simpl, we are constantly hiring talent with similar values, diverse backgrounds, and a passion for making a meaningful impact on changing the world for the better. We believe that a strong technology & engineering team would help us scale up the business & ensure continued operational excellence.”

Simpl tripled its engineering team over the past 18 months to 100. Co-founded in 2015 by Nitya Sharma, Simpl is at the forefront of the digital payments revolution in India. The fintech start-up aims to catalyse and simplify the payments domain through innovative offerings. With proven technology expertise, Simpl is committed to the simplification and democratization of digital transformation in the payments space in India.

About Simpl

Co-founded in 2015 by Nitya Sharma, Simpl is India’s fastest-growing Buy Now, Pay Later platform meant to make payments invisible and money intelligent. Simpl is on a mission to empower merchants to build trusted relationships with customers, one transaction at a time. With more than 10,000 available merchants and 25 million-plus users pan-India, Simpl envisions creating an inclusive digital payments experience for India that empowers and fosters trust between merchants and their customers.

Simpl is the leading Pay-Later platform in India, providing a full-stack solution for e-commerce conversion. It enables merchants to give customers 1-click checkout, buyer protection and a pay-later facility to allow them to feel safe and trusted when shopping online. Through Simpl, merchants can provide consumers with an easy, secure, and intuitive user experience.

3,00,000th Nexon Rolls Out Of The Ranjangaon Facility In Pune


* Tata Motors adds to this celebration by extending the portfolio

* Launches the XZ+ (P) / XZA+ (P) and XZ+ (HS) / XZA+ (HS) variants 

Tata Motors, India’s leading automotive brand, today celebrated the roll – out of the 3,00,000th Nexon – India’s first GNCAP 5star rated car, from its Ranjangaon facility in Pune. Since the 200k roll – out in June 2021, Tata Motors recorded 100k units of the Nexon, in less than 8 months. While being recently featured in the top 5 highest selling cars in India, the Nexon has multiple awards to its credibility, making it the #1 selling Compact SUV in its segment. Furthermore, the brand Nexon has not only proved its mettle in the internal combustion space but has broken the shackles to lead the EV revolution in India. Driven and proven over 50 million kms, the Nexon EV has saved close to 9860 tonnes of CO2 emissions, which is equivalent to planting of 1.47 Lakh trees. With 13500+ happy customers, Nexon EV currently dominates the Indian EV 4-wheeler segment with a market share of more than 62% (YTD).

To mark this milestone and keeping the New Forever brand promise, Tata Motors today launched 4 new variants in the top trims of this successful compact SUV - the XZ+ (P) / XZA+ (P) and XZ+ (HS) / XZA+ (HS) in both petrol & diesel with a new colour option in Royale Blue . These variants will also be offered in the #Dark avatar. With bookings commencing today, the new variants will be available across all Tata Motors authorized dealerships.

Commenting on this milestone, Mr. Shailesh Chandra, Managing Director, Tata Motors Passenger Vehicles Ltd., and Tata Passenger Electric Mobility Ltd. said, “It is indeed a moment of pride to witness the roll – out of the 3,00,000th Tata Nexon – a landmark product in the turnaround of Tata Motors Passenger Vehicles. Being an integral part of the New Forever range, brand Nexon has successfully established its popularity in the compact SUV segment since its launch in 2017 and has become a part of many families. Adding to the popularity of the ICE variant, the Nexon EV too has created a niche for itself and has gained immense recognition from its customers. The story of building a strong and safe SUV brand started with the Nexon – being the first Global NCAP 5 star rated car in India. Creating benchmarks in safety, Tata Nexon has also been widely appreciated for its striking design, superior ride and handling characteristics, spirited performance, and comfort.”

He further added, “The success of Nexon has been pivotal in proving our leadership in the SUV segment and to rejoice this momentous occasion, we have expanded our Nexon portfolio by adding four new variants in the line-up for our customers. We are confident that the Nexon will continue to help expand our customer base and bolster the growth of Tata Motors in the future.”

The new Nexon XZ+ (P) / XZA+ (P) variants will be equipped with additional premium features such as Premium Benecke Kaliko Leatherette ventilated front seats, air purifier and auto dimming IRVM. Additionally, the new XZ+ (HS) / XZA+ (HS) variants will sport an air purifier to make the drives healthier for the occupants. These additional features will also be available in their respective #Dark editions.

Launched in 2017, Tata Motors has constantly modernized the Nexon for safety, design, regulations, emissions, aspirational and segment defining feature additions. This has helped the Nexon to stay contemporary and in line with the evolving customer needs. With the introduction of the recently launched Kaziranga Edition, the Nexon will now be available in 40 variants, offering customers an array of options at different price points to choose from, according to their requirements. The range will include 22 variants in petrol and 18 variants in diesel with automatic and manual transmission options.

The Nexon has been the flagbearer of Tata Motors’ commitment to safety as it has paved way for other cars from Tata Motors like the Punch, Altroz, Tiago and Tigor to establish new benchmarks in car safety in each of their respective segments. It is one of the most successful products from the New Forever range of Tata Motors’ portfolio.

To know more about offers and car buying options, call your nearest dealership or visit https://cars.tatamotors.com/suv/nexon

Manipal Academy Of Higher Education Celebrate National Science Day


* Students awarded for best science models, drawing and elocution competitions

Manipal Academy of Higher Education (MAHE), Manipal celebrated National Science Day on February 28, 2022. The event was hosted by Manipal School Of Life Sciences (MSLS), in its auditorium, by following due pandemic-related precautions and restricted number of participants.

The Chief Guest of the event was Shri. Rohith Chakrathirtha, a renowned author, mathematician, and communicator. The presidential address was given by Lt Gen (Dr) MD Venkatesh, Vice-Chancellor, MAHE.

National Science Day is celebrated across the country to commemorate the discovery of ‘Raman Effect’ by Sir CV Raman on February 28, 1928. Its aim is to spread the importance of science and its impact and applications in all aspects of life, by showcasing developments in science.

The Chief Guest, Shri. Rohith Chakrathirtha engaged with the audience which majorly comprised of school students. He meticulously articulated the scientific significance of Yugadi and the traditional Indian calendar. He also explained the way ancient Indian astronomers had considered the planetary movements while computing the calendar in symphony with nature. He encouraged students to explore the cultural history of Indian scientists, while pursuing their scientific ambitions.

Speaking on the occasion Lt Gen (Dr) MD Venkatesh, Vice-Chancellor, MAHE said “Manipal Academy of Higher Education has been celebrating National Science Day for the past 20 years by organizing a number of activities for the higher primary and high school children in the region. Developing Scientific curiosity amongst the young students will greatly help in our nation’s development. Significant contemporary scientific discoveries in the fields of artificial intelligence, nanomaterials, space exploration and healthcare have played a crucial role in the improvement of the quality of life. We at MAHE, encourage the students to not only develop a scientific temperament but also be cautious and ethical in using scientific and technological advancements”

To celebrate National Science Day MAHE provides opportunities to students to participate in model building, drawing and elocution competitions in defined themes. In addition, MAHE hosts school toppers for a week-long residential, hands-on science training program at the Manipal School of Life Sciences (MSLS), culminating in a science exhibition and the Science Day celebrations

In the event Lt Gen (Dr) MD Venkatesh, Dr Narayana Sabhahit (Registrar of MAHE,), Mr. Chakrathirtha and Dr. K. Satyamoorthy (Director, MSLS) presented the prizes to winners of various competitions. Dr Sabhahit welcomed the gathering and Dr Raghavendra Prabhu (Deputy Registrar, MAHE), proposed the vote of thanks. 

Honda And HPCL Announce Partnership For Establishing Battery Swapping Stations At Retail Outlets Across Country


Honda Power Pack Energy India Private Limited, Honda Motor Co., Ltd.’s new subsidiary for battery sharing service, and Hindustan Petroleum Corporation Limited (HPCL), a Maharatna Oil & Gas Public Sector undertaking, signed a memorandum of understanding and commercial agreement to collaborate in the field of E-mobility and provide battery sharing services in HPCL’s retail outlets in major cities across India. This marks the global debut of Honda’s battery sharing service and HPCL has been chosen as preferred partner.

In October 2021, Honda Motor Co., Ltd. Japan has announced its plan to begin battery sharing service in India starting with electric 3 wheelers through its newly established subsidiary, Honda Power Pack Energy India. Honda’s battery sharing service will enable rickshaw drivers to stop by at the nearest battery swapping stations being setup across the selected cities and swap discharged batteries (Honda Mobile Power Pack e:) with fully charged ones. The use of this service will significantly reduce drivers’ initial cost to purchase EV as well as reducing concern about running out of batteries. This will reduce the risk of drivers losing business opportunities while waiting for batteries to be charged.

Honda plans to start its Battery as a Service (BaaS) business on commercial basis from Bengaluru city in the first half of 2022. Honda will set up strong network of battery swap stations at strategic locations like HPCL’s retail outlets. The service will be launched in Bengaluru city with the intention to expand to other major cities in a phased manner. Initially, the focus will be on the three-wheeler segment and would eventually expand to two-wheelers as well. For this purpose, Honda has been developing its ties with multiple OEMs in various applications.

Online signing off ceremony has been held on 7th February 2022, where both parties reaffirmed their commitment towards carbon neutrality and join hands to achieve a greener future of India and the world by way of expanding utilization of renewable energy and to actively pursue electrification of transportation sector which accounts for approximately 20% of the nation’s greenhouse gas emissions.

Speaker Notes for dignitaries, who addressed the occasion:

President & CMD, Honda Power Pack Energy India, Kiyoshi Ito said that he is looking forward to a long lasting partnership and friendship between Honda and HPCL to bring the reliable & customer centric battery sharing service in India and to ensure a greener future. Referring to the association of Honda with HPCL, he added that for Honda, it was a case of meeting the right partner at the right time.

Executive Director, Corporate Strategy Planning & Business Development, HPCL, Rajnish Mehta told that HPCL is already committed to become a net zero company by 2040 and the partnerships with global players like Honda will be instrumental in achieving this target. He also asserted that a strong collaboration between HPCL and Honda would definitely pave the way for both companies in expediting the energy transition process.

TKM Clocks Sales Of 8745 Units In February 2022; Registers 19% Growth Over Wholesales In January 2022


Toyota Kirloskar Motor (TKM) today announced that the company sold a total of 8745 units in February 2022, thereby registering a growth of 19% when compared to sales in January 2022. The company had sold a total of 14,075 units in domestic wholesales in February 2021 and 7328 units in January 2022.

Expressing his views on the performance for the month, Mr. Atul Sood, Associate Vice President, Sales and Strategic Marketing, TKM, said, “First of all, we would like to thank all our customers for the overwhelming response that the new Camry Hybrid has received, as we have very promising booking orders for the new Camry Hybrid. Similarly, the overall sentiment in the market continues to remain positive as we witness a steady surge in demand trends. This has also led to a consistent rise in order bookings, especially for the Innova Crysta as well as the Fortuner and as a next step, we are looking forward to cater to the pending orders on our side”, he concluded.

Tuesday, March 1, 2022

Lam Research India Signs MoU With IISc For Sponsored Fellowship Program For MTech Students


Lam Research India today signed a memorandum of understanding (MoU) with the Centre for Nano Science and Engineering (CeNSE) and the Indian Institute of Science (IISc) Bengaluru to offer a sponsored fellowship program for second-year Master of Technology (MTech) students, starting in the 2022-2023 academic year.

Lam India has been a part of CeNSE’s Industry Affiliate Program (IAP) since 2014 and is continuously engaging with the centre to collaborate on multiple innovative projects to advance the state of semiconductor technologies. The MoU reaffirms Lam India’s commitment to developing deeper industry-academia collaboration while creating opportunities for CeNSE students to acquire specialized skills leading to career opportunities in the wafer fabrication equipment (WFE) industry.

“We are delighted to continue our longstanding relationship with IISc to develop talent and drive the technological innovation in the semiconductor industry,” said Rangesh Raghavan, corporate vice president, and general manager at Lam Research India. “With access to a talent pool as strong as IISc’s, we expect to significantly enhance Lam Research India’s innovation contribution to the ecosystem. This MoU will facilitate the training and development of CeNSE MTech students as we continue to work on advanced semiconductor technologies at Lam India.”

As part of the sponsored fellowship program, second-year master’s students will be selected from the mechanical and electrical engineering streams of CeNSE. The selected students will receive an opportunity to conduct their MTech project on research topics related to Lam Research’s domains of thermal management, materials and coating, additive manufacturing, Equipment Intelligence®, and others, with CeNSE faculty advising on their dissertations.

“Industry-sponsored CeNSE MTech Fellowships are aimed at attracting talent from the traditional areas of engineering and science, and exposing them to new opportunities in the emerging electronics and semiconductor manufacturing industry,” said Prof. Srinivasan Raghavan, chairperson of CeNSE at IISc Bangalore. “Lam Research has been our Industry Affiliate for many years, and this collaboration is an extension of our commitment to solving industry challenges through academic research and technological innovations.”

The program will help the students to bridge the gap between the foundation they have acquired in their undergraduate courses in mechanical, electrical, materials, and chemical engineering or physical and chemical sciences and the job requirements of companies in this area. 

As part of the CeNSE MTech fellowship program, there will be various engagements planned between the students and Lam Research representatives to enhance knowledge exchange and foster stronger collaboration. The fellowship will encourage students to think of challenges faced by the industry, research solutions, and open up internship opportunities for students to join Lam Research. The students will get an opportunity to interact, learn, work, and get mentored by industry leaders from across the globe.

About Lam Research

Lam Research Corporation is a global supplier of innovative wafer fabrication equipment and services to the semiconductor industry. Lam’s equipment and services allow customers to build smaller and better-performing devices. In fact, today, nearly every advanced chip is built with Lam technology. We combine superior systems engineering, technology leadership, and a strong values-based culture, with an unwavering commitment to our customers. Lam Research (Nasdaq: LRCX) is a FORTUNE 500® company headquartered in Fremont, Calif., with operations around the globe. Learn more at www.lamresearch.com.

Simple Energy Breaks Range Limit In The Indian Electric Scooters


* Launches additional battery pack option for Simple One to offer top range of 300+ km

·* Simple Energy extends its range leadership in the electric two-wheeler market with an extra battery pack

India’s leading electric vehicle and clean energy start-up Simple Energy launched an additional battery pack option for its flagship electric scooter, Simple One, to offer customers an unparalleled 300+ km of range on a single charge.  Customers would be able to opt for the additional battery pack option during the final payment, with deliveries beginning in June.

The additional battery will address range anxiety amongst customers, as it will help them cover longer distance while traveling. With a capacity of 1.6 kWh, the battery pack will enable the Simple One to cross the 300 km mark – a big step up from the 235+ km from the scooter’s standard configuration, which was already best in class. Notably, this battery can be easily stowed in the boot of the scooter, greatly aiding the user experience.

Commenting on the new battery pack, Suhas Rajkumar, Founder and CEO, Simple Energy, said, “When we conceived the Simple One, we had the aim of offering an electric scooter that could offer enough range for users to not have to worry about range or charging. Offering an extra battery will allow power users to reach destinations that no other electric two-wheeler in India can. This additional battery can easily fit in the boot of the scooter offering a range of over 300 km. This is a big milestone – not just for Simple Energy, but for the EV industry. This move will also go a long way in bolstering the perception of electric scooters.”

The Simple One, along with the advanced additional battery, is priced at Rs 1,44,999 ex showroom. The original variant without the extra battery will continue to be available at Rs 1,09,999.

Recently, Simple Energy announced that the scooter will come with an upgraded 8.5 kW motor, capable of producing 72nm of torque. The Simple One electric scooter has a real-world range of 203 km (up to 236 km in ideal conditions), fast charging support, a huge 30-litre boot and a host of smart features such as on-board navigation, riding modes, phone app, call and music control and much more.

Simple One can be booked on www.simpleenergy.in for a price of Rs 1,947 and will be delivered starting June, this year. There are additional upgrades in the pipeline, which will be announced in the coming weeks.

Simple Energy aims to be at the forefront of the ongoing global transition to clean transport. Its flagship product, Simple One, will be produced at phase 1 of the company’s manufacturing unit located at Hosur, Tamil Nadu. The state-of-the-art manufacturing plant has an annual production capacity of up to 1 million units. The factory is currently getting ready for mass manufacturing and will be operational in the coming weeks. The company has also commissioned a second plant in Dharmapuri, Tamil Nadu, which will spread across 600 acres and have a capacity of 12.5 million units annually — making Simple Energy the largest electric two-wheeler manufacturer in the world.

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