Rejoice Work And Leisure In Cool Fashion Summer With Raymond Linen

 

·         Exquisite Linen fabrics in over 200+ solids, prints, checks & stripes for shirts, kurtas & jackets

·         A one of its kind functional linen with a stretch and built-in nano-technology for spill resistance

Raymond, India’s leading fabric manufacturer and retailer, today launched its latest collection of high performance Linen fabrics for the summer season. In addition to being lightweight and breathable, this stunning range of fabrics is available in an array of 200+ vivid colours, prints, checks & stripes. Elegantly fashionable yet highly functional, Raymond Linen offers enhanced stretch while retaining natural softness for comfort and flexibility. In addition to stretch, the fabrics come with nano-technology aided finish that ensures spill resistance to prevent stains, making Raymond Linen a desirable option for summer across occasions.

Raymond Linen offers an extensive range of designs, presenting a one stop solution for a summer wardrobe overhaul. Consumers can choose from an array of delightful prints, playful checks, subtle stripes and bold solids, which can be immaculately tailored into shirts, kurtas, bundis and jackets.

For celebrations, Raymond Linen offers a variety of luxurious jacquards elaborated with elegant designs & cross tones thus enhancing the royal appeal of the fabric. Another remarkable offering within the collection are the ‘fearless whites’ that are engineered for endurance and prevents yellowing when exposed to the sun, thereby retaining their whiteness longer.  

Commenting on this latest collection, Sunil Kataria, CEO – Lifestyle Business, Raymond Limited said, “Over the years Raymond has been the category leader in shirting fabric driven by product innovation & latest designs that resonate well with our discerning consumers. The versatility of Linen that has an appeal across age groups makes it a fashion favourite especially during summers. Superior product quality with soft handle, enhanced functionality and wide colour palette would be a perfect choice for dressing up as we return back to work this summer.” Raymond’s latest campaign “Fashion your Summer” for its linen collection, showcases well-crafted inspirations for summer ensembles and emphasizes on the core proposition of linen as a fashion fabric. The targeted campaign is live across Raymond’s social media pages and other media.

Raymond Linen is available from Rs.1000 to Rs.9800 per meter for Shirting, Suiting & Jacketing fabric, across all Raymond Shops & Multi-brand partner outlets.

About Raymond Limited

Raymond is India’s largest integrated worsted suiting manufacturer that offers end-to-end solutions for fabrics and garmenting. Over the years, Raymond has been synonymous with quality, innovation and market leadership. It has some of the leading brands within its portfolio – ‘Raymond Ready to Wear’, ‘Park Avenue’, ‘ColorPlus’, ‘Parx’, ‘Raymond Made to Measure’ amongst others. Raymond has one of the largest exclusive retail networks in the country with around 1,500 stores in more than 600 towns. Raymond also has presence in FMCG sector through Raymond Consumer care that offers wide range of products in men’s personal grooming category and personal hygiene. The group also has presence in engineering and auto components across national and international markets. In 2019, Raymond has also forayed into the realty sector through the launch of its maiden project ‘aspirational district’ spread across 14 acres housing ~3,100 residential units. Having enjoyed the patronage of over a billion consumers, Raymond as a brand has been consistently delivering world class quality products to its consumers over the past nine decades. For more information visit www.raymond.in

KDEM Partners With The Hebrew University, Israel To Launch ‘The Innovation Management Course’

* To offer Distinctive Virtual Training Program on Innovations and Entrepreneurship for Incubators, Academia

* KDEM and The Hebrew University to collaborate to enable learning modules and strengthen innovation & start-up ecosystem in Karnataka

* Imbibe best practices from Israel’s mature start-up and innovation market to improve operational efficiency and build sustainable innovation model

The Karnataka Digital Economy Mission (KDEM) is continuing to act as a catalyst for innovation with its newest partnership with The Hebrew University, Israel to launch a distinctive Innovation Management Course, a virtual training program on innovations and entrepreneurship. As per the association, KDEM and The Hebrew University, Jerusalem, Israel is hosting its first program spanning over five days that includes 10 sessions across topics such as incubation, disruptive innovation, funding, best practices, acceleration models, sustainability and technology.

The announcement comes at a time when a twelve-member delegation consisting of officers from the Israel National Defence College is visiting Karnataka as part of their academic curriculum.

Speaking at the momentous launch of the training program, Dr. Aswathnarayan C.N. said, “Israel has a very mature ecosystem of innovation, technology and start-ups and it is already known for its prowess in cybersecurity and research & development. Karnataka as a whole and Bengaluru in particular being the innovation hub of India makes it relevant for Israel and Karnataka to forge a strong collaboration and build an ecosystem that inspires, motivates and facilitates growth. I am positive that KDEM will be a robust knowledge and networking bridge that will benefit both India and Israel. 

The program is expected to be conducted by experts in Fintech, Business Administration, venture capitalists and entrepreneurs, economy such as Prof. Yigal Newman, Prof. Dan Galai, Mr. Saul Orbach, Dr. Sharon Arieli, Dr. Pablo Kizelsztein among others.

Shri B V Naidu, Chairman, Karnataka Digital Economy Mission said, “The genesis of the KDEM falls back on the need to build a start-up ecosystem for the state that goes beyond Bengaluru and map emerging clusters to build a spoke shore strategy that contributes to the nation’s digital economy. Israel places innovation and technology very high on its agenda and given the relationship both the countries share, will be mutually beneficial in harnessing talent and making a mark on the global platform. We received a rousing response from Israel at the Bengaluru Tech Summit and the Innovation Management Course was a natural progression to build a robust and skilled workforce in order for Karnataka to become an innovation hub. We welcome our learned delegates to India and look forward to understanding the Israel Model and identify opportunities for growth through mutual collaboration.”

Welcoming the delegation on the eve of the launch of the Innovation Management Course, Shri Sanjeev Gupta, CEO, Karnataka Digital Economy Mission said, “It is important to acknowledge an innovation economy to create a global impact. Israel is known for its ability to transform start-ups to make them viable and competitive and is a hotbed of pioneering technologies. Together with The Hebrew University, we are looking at building a strong network and partnership to upskill our engineering and technology professionals from clusters for an ecosystem that is sustainable, innovative and one that builds the nation’s economy.”

Commenting on the unique proposition, David Keynan, Vice Chairman FIICC said “The new program will support a well-integrated collaborative development of the innovation and start-up ecosystem in the state of Karnataka. We strongly believe that the role of the Government is critical in fostering innovation, and this new association with the Hebrew University is uniquely positioned to deliver best practices of the matured Israeli start-up eco-system to the innovators and entrepreneurs here, thus ensuring upscaling, up-gradating and innovation at a more global scale.” Simultaneously KDEM had appointed David Keynan, as an adviser to assist KDEM with the Israeli relations.

Sponsored entirely by the Karnataka Digital Economy Mission, the Innovation Management Course will allow participants to build an in-depth understand of innovation practices in sectors such as Agro-tech, FinTech, Aerospace, Defence, EV, Semiconductors, among others. Participants will also be part of various mentorship session and interactions to understand the gaps in the existing ecosystem and the role of clusters in building sustainable innovation ecosystems. The participants will be certified at the end of the course.

About Karnataka Digital Economy Mission (KDEM)

With an objective to increase the share of the Digital economy in the state, the Government of Karnataka set up the Karnataka Digital Economy Mission (KDEM), a Section-8 organization, which acts as a knowledge bridge between the industry and the government. To meet the objectives, KDEM has been working towards the five focus areas, viz. IT Products & Services, BPM & GCC promotion; Innovations & Start-ups; ESDM; Beyond Bengaluru; and Talent Accelerator.      

GE Awarded Contract By ReNew Power To Help Develop Renewable Energy Zones In India

* The contract is part of a planned interstate-based evacuation infrastructure that will create a 66.5 GW of renewable energy zone in India

* GE will build two 400 kV substations for ReNew Power in Karnataka

* This is the third contract for GE’s Grid Solutions business with ReNew Power, demonstrating ReNew Power’s confidence in GE’s in-country advanced technology and service capabilities

GE's Grid Solutions business [NYSE:GE] announced today that it has been awarded a contract by ReNew Power Pvt. Ltd., India’s leading company in terms of total generation capacity, to build two 400 kV substations in the southwest state of Karnataka, India - a 400/220 kV air-insulated substation in Koppal, and a 400 kV gas-insulated substation in Narendra. The contract also includes the supply of two 125 MVAR 400 kV reactors for each substation.

GE’s multi-million dollar contract with ReNew Power is part of the Narendra-Koppal transmission scheme. The scheme in turn is part of the planned interstate-based evacuation infrastructure that will create 66.5 GW of renewable energy zones in India. The Narendra-Koppal project, involving the evacuation of 2.5 GW from wind energy zones in Karnataka, is part of the first of three phases of the overall project.

This is Grid Solutions business’s third substation project with ReNew Power. “We are delighted by ReNew Power’s continued confidence in our innovative technology, as well as engineering and service capabilities,” said Pitamber Shivnani, Regional Leader for Grid Solutions in South Asia. “We look forward to helping accelerate the energy transition in India by helping to evacuate more renewable energy from the southwestern part of the country with these substations.”

“ReNew Power is committed to leading India’s transition away from fossil fuels and meeting the rising demand for energy in a sustainable manner by delivering cleaner and smarter energy choices and thereby reducing India’s carbon footprint. We are delighted to partner with GE Grid Solutions for bringing power efficiently and reliably for our customers through their state-of-the art grid technology. ” said Ajay Bhardwaj, President- New Business of ReNew Power.

GE is expected to complete its work in three phases—two in December 2022 and one in August 2023. All products are being manufactured in India, for India.

With a persistent focus on decarbonization and round-the-clock power, the Indian energy landscape is undergoing significant positive transformation. The country has committed to install 175 GW of renewable energy by 2022 and more than double its non-fossil fuel target to 450 GW by 2030. The country has already achieved a milestone of 100 GW of installed renewable energy capacity, as of September 2021. Presently, India ranks 4th in the world in terms of installed renewable energy capacity. It ranks 5th in terms of solar capacity and 4th in terms of wind capacity.

About GE’s Grid Solutions

Grid Solutions, a GE Renewable Energy business, serves customers globally with over 12,000 employees. Grid Solutions provides power utilities and industries worldwide with equipment, systems and services to bring power reliably and efficiently from the point of generation to end power consumers. Grid Solutions is focused on addressing the challenges of the energy transition by enabling the safe and reliable connection of renewable and distributed energy resources to the grid. We electrify the world with advanced grid technologies and accelerate the energy transition. For more about GE’s Grid Solutions, visit https://www.gegridsolutions.com.

The Evolution of SUV Design Is Here: Tata Motors Showcases Its Electric SUV Concept - CURVV

Defining a new era of SUV design, Tata Motors today showcased its Electric SUV Concept - CURVV. Conceptualised to offer practicality and elegance, all whilst exuding dynamism and unmatched road presence, the Concept CURVV is Tata Motors’ rendition of the modern SUV typology. Expected to storm the market within the next two years, this Concept will introduce India to a unique, edgy and sporty coupe body style which in the past has only been prevalent in the high end luxury segment. The Concept CURVV in its production ready avatar will first enter the market as an extension of the company’s ever evolving Electric Vehicle (EV) portfolio which will subsequently be followed by its Internal Combustion Engine (ICE) counterpart.

Speaking at the event, Mr. Shailesh Chandra - Managing Director, Tata Motors Passenger Vehicles Ltd., and Tata Passenger Electric Mobility Ltd. ecstatically said – “Our ongoing business turnaround is history in the making. From record sales to upping our market share game, the last fiscal has been nothing but magical for us. We not only emerged as the No. 1 SUV player with our array of products in our portfolio, we also continued to super charge our growth in the EV space with our highest ever annual EV sales going up by 353% vs FY21.”

“With a fantastic year gone by, it gives me immense pleasure to announce a flying start to the new year, with a brand new ‘promise’, a brand new ‘thought’ and a brand new ‘design’ – all put together in this magnificent Electric SUV Concept - CURVV. Our focus here has been to enable customers with a product option that is the perfect amalgamation of modern functionality and design.  With a robust SUV DNA at its core, and a plethora of new age materials, features and interfaces, we are confident that this Coupe Concept will redefine mainstream SUV design. Furthermore, with the concept CURVV, we now enter the Generation 2 EV architecture which will further enhance the adoption of EVs in India by overcoming the current barriers. With this new architecture, we will strengthen the key pillars of Range, Performance and Technology, while retaining Safety and Reliability as hygiene offerings.”

Tata Motors has been a pioneer in the Indian SUV market, always pushing boundaries of technology and innovation while developing products for India. The Concept CURVV is here to take this legacy forward. With the design philosophy of ‘Less is More’, this Concept is a progressive and modern SUV which represents simplicity in complexity. Its striking silhouette coupled with its dynamic proportions, design differentiation and spacious interiors make for an SUV that expresses a strong character while also being effortlessly elegant.

Additionally, the Generation 2 EV architecture will be advanced, flexible and capable of offering multi-powertrain options. Products on this architecture will be crafted to deliver a higher range while retaining the credibility and reliability standards set by the Generation 1 products powered by Ziptron.

The Concept CURVV in its production version will provide customers with unprecedented versatility of use while giving rise to a new breed of vehicles in India that provides its users with a true lifestyle mobility solution to enjoy - A vehicle that is combining functional attributes without compromising its premium aesthetic. It will be a suitable fit for the fast-paced life of urban dwellers who appreciate and expect shorter charge time, interactive and intuitive interfaces, quicker response, and feature comfort not only in their everyday lives but also from their cars.

IBSFINtech And Oracle to Enable Digital Transformation For Customers With Oracle Fusion Cloud ERP & IBSFINtech TMS Solution

IBSFINtech, India’s TreasuryTech leader has announced it is working with Oracle to accelerate the digital transformation journey of its customers around the world, with Oracle Fusion Cloud Enterprise Resource Planning (ERP) and IBSFINtech’s treasury management solution, TMS InTReaX™. IBSFINtech also announced they have migrated TMS InTReaX™ to Oracle Cloud Infrastructure, to offer its treasury management solutions, as a cloud service to businesses globally.

Transitioning to become a SaaS company, IBSFINtech is migrating their entire on-premise solution to the cloud. The recent launch of two new products: SaaS TMS InTReaX™ and SaaS Supply Chain Finance platform, VNDZY® are initial steps in this direction.

IBSFINtech selected Oracle Cloud Infrastructure (OCI) to host its robust SaaS TMS InTReaX™ because of OCI’s deep and broad platform of public cloud service capabilities. OCI enables IBSFINtech to build and run a wide range of applications in a scalable, secure, highly available and high-performance environment.  The pandemic has led to a surge in digital adoption among corporate functions. CXOs have realized the value of end-to-end digitization, and are turning to ERP & TRM solution providers to ensure critical process automation since it enables transparency, visibility and business continuity.

Sunil Toshniwal, DGM – Treasury & Family Office, Sonalika Group (International Tractors Limited) comments, “We have been using IBSFINtech's Investment Module for a few years and now we have selected IBSFINtech's SaaS TMS InTReaX™ for end-to-end automation of our cashflow and forex operations. In our selection process, we found the solution to be highly robust and functionally-rich for our requirements. Another important selection criteria was security and it is also suitably addressed as the solution is hosted on OCI (Oracle Cloud Infrastructure) which is one of the most secure and globally acknowledged cloud infrastructure platforms. Also, the solution comes bundled with Refinitiv's Eikon and DSS feed which provides a holistic platform for our risk management function."

IBSFINtech’s MD & CEO CM Grover, said, “It has been our constant endeavor to offer future ready solutions to our customers, and we do this with a thorough understanding of their changing needs. Treasury automation is a critical focus area for CXOs today. Having been mandated by boards, corporations globally are augmenting their corporate finance functions with robust treasury automation solutions. Our association with Oracle for Cloud ERP solutions is a step forward in offering customers cloud native solutions to support their business transformation journeys. ”

Vivek Gupta, Senior Director and Country Head, Oracle IaaS and PaaS Services, Oracle India said, “With the migration of IBSFINtech’s treasury management solution to OCI, IBSFINtech can modernize their existing apps for a cloud native world. They will now be able to reduce their IT costs, yet continue to serve a growing customer base. We are delighted to work with IBSFINtech. Together, we can drive business transformation for customers.”

IBSFINtech ED & CTO TM Manjunath said, “We thoroughly evaluated global cloud providers and found OCI to be highly scalable and agile.  Oracle Real Application Cluster (RAC) supports the rapid scaling of infrastructure and high availability, while Oracle Autonomous Transaction Processing (ATP) delivers rapid set up and self-driving capabilities that help cut down on managed services cost and effort.  These benefits from OCI makes it a highly preferred option for us.”

About IBSFINtech

Incepted in 2006, IBSFINtech is a Bengaluru based home-grown enterprise TreasuryTech company. It provides end-to-end digitisation and automation solutions for the cash and liquidity, treasury, risk and trade finance management (TRTFM), and supply chain finance requirements of medium and large corporates. Backed by AI, Data Analytics, and MIS technologies, the company's integrated risk management solution helps businesses drive visibility, improve control, mitigate operational risks and optimise organisational efficiency for various Indian and Global organisations. 

IBSFINtech's broad customer base is spread across Mumbai, Hyderabad, Delhi, Gurgaon and Noida in India and international markets such as Singapore and Europe. Some of its marquee clients are Vedanta Group, Mphasis, Wipro Enterprises, Maruti Suzuki, JSW Steel etc. Global clients include IMR Metallurgical Resources, JSW International and many more.

About Oracle

Oracle offers integrated suites of applications plus secure, autonomous infrastructure in the Oracle Cloud. For more information about Oracle (NYSE: ORCL),  visit us at www.oracle.com.

The Souled Store Has Landed In Bengaluru, With Its Flagship Retail & Experience Outlet – Spanning Across 5000 Sq.ft.

* This is The Souled Store’s sixth brick-and-mortar outlet of in India, and a one-of-a-kind store in Bengaluru that combines retail shopping with exciting experiences 

The Souled Store, India’s most-loved casual wear brand — started by four pop culture enthusiasts, Vedang Patel, Harsh Lal, Aditya Sharma and Rohin Samtaney, in 2013 — today, has opened doors to its biggest-ever store in Bengaluru!

The store spreads across 5000 sq. ft. in the city’s favourite shopping destination – Indiranagar.

It aims to not only bring to Bengaluru a host of their new and best casual wear options from not only their merchandise partners Marvel, Disney, Warner Bros., IPL, Viacom18 and more, but also bring forth new collections of stunning The Souled Store Originals and the World’s Best Supima T-shirts.

The outlet, spanning across two floors will have room for multiple experiences too. The area is being built in a way to enable like-minded people to interact with each other and share their love of comics, superheroes and just really great clothes! The space will also host open mics and special events on a timely basis.

Commenting on the launch of the new store, Co-Founder of The Souled Store, Harsh Lal said, “Over the years, The Souled Store has emerged as one of the most loved brands in the pop culture space and we aspire to recreate that same level of excitement and loyalty for our consumers in Bengaluru. We are confident that the launch will not only delight the people of Bengaluru but also strategically complement our portfolio and fortify The Souled Store's leadership in the apparel domain.”

This is The Souled Store’s sixth brick-and-mortar outlet in India. The brand operates four The Souled Store outlets in Mumbai and one in Pune. Notably, the brand has 3+ million customer base and 150+ licenses – garnered via its online and offline presence. Customers would be delighted to know the brand has plans to open 50+ stores over the next 3 years.

More Indian Start-Ups Believe The Pandemic Worked As An Enabler For Innovation, Compared To Their APAC Counterparts

* Per the Medtronic-Economist Impact study, over three quarters of Indian healthcare start-ups (76.7%) believe that the pandemic was an enabler for innovation, unlike only 54.7% in the APAC region.

India Medtronic Private Limited, a wholly owned subsidiary of Medtronic plc (NYSE:MDT) — a global leader in healthcare technology, today released findings from Medtronic-Economist Impact survey whitepaper titled ‘Asia Pacific’s Healthcare Technologies Ecosystem: Enhancing Start-up and SME success’, written by the Economist Impact and supported by Singapore Economic Development Board (EDB).

The findings from the Medtronic-Economist Impact whitepaper were centered around three main areas – access to healthcare, collaboration and talent. The study revealed that an overwhelming number of start-ups in India (76.7%) believed that the pandemic acted as an enabler of innovation in the space. Only 3.3% of respondents from India considered the pandemic a disrupter of innovation, unlike 34.7% of the respondents in the APAC region. Moreover, a majority of respondents (76.7%) believed that treatment was one of the greatest unmet needs within the patient/disease pathway in the country, while more than half (53.3%) thought that testing/screening was one of the biggest requirements. All participants agreed that the health market in India was very competitive, rather than seeing collaboration amongst the various players.

The whitepaper aims to establish the present state of the healthcare technology sector in Asia Pacific and explores the challenges that start-ups and small-medium enterprises face in establishing and scaling up their business. This first-ever study on the region’s MedTech sector involves inputs from 150 executives from startups and business enterprises in APAC, including India. The paper also includes in-depth interviews with several industry leaders from the healthcare technology sector as well as from company representatives in the technology sector such as SAP.iO Foundries and Microsoft Health. The whitepaper was released at the Medtronic APAC Innovation Conference held in Singapore on 16th March 2022. Themed ‘Accelerating Healthcare Technology Innovation’ the conference saw the attendance of over 200 delegates from start-ups, government institutions, and healthcare practitioners along with Medtronic’s partner organizations. Mr. Shakthi Nagappan, director Life Sciences and Pharma & CEO Hyderabad Pharma City Ltd & BioAsia, Government of Telangana was also one of the keynote speakers at the conference.

Madan Krishnan, vice president and managing director, Medtronic India, said, “Innovation is critical in ensuring effective and timely disease management, not just in India, but across the world. The aim of Medtronic’s Open Innovation programs across APAC is to drive innovation – through internal ideation and now external partnerships as well. In India, we’ve always recognized the importance of collaborative innovation, whether it is with Government, startups, hospitals and other like-minded partners to offer localized solutions to address unmet needs. Our recent collaborations have been with Govt. of Telangana to expand our R&D center in Hyderabad; with Stasis Health Private Ltd to improve access to connected care with their bedside multi parameter monitoring system and with Govt. of Kerala’s promoted Section 8 Company, Additional Skill Acquisition Programme Kerala (ASAP) to equip final year students with advanced skill sets and improve overall employability within the healthcare industry.”

The study also showed that almost 80% thought that the Government was very supportive towards innovations, and 33.3% agreed and 60% strongly agreed that talent recruitment was a significant challenge for early-stage start-ups.

Last year, the company launched the Medtronic Open Innovation Platform (Medtronic OIP) with the aim to bring together various innovators across the Asia-Pacific as well as several stakeholders from the healthcare ecosystem. This was followed in October 2021 with the launch of the Medtronic APAC Innovation Challenge to give recognition to innovations in the healthcare space. Both the challenge and the conference reiterate the company’s commitment to enabling innovation in the industry and come on the heels of Medtronic’s plan to invest up to US$50million under its Open Innovation Platform over the next five years. The Medtronic APAC Innovation Challenge saw 323 start-ups and business enterprises from 46 countries from the Asia Pacific region and beyond, vying for a potential collaboration with Medtronic valued up to US$200,000. India’s Niramai Health Analytix was recognised as one of the top 10 innovative start-ups in the challenge.

About Medtronic

Bold thinking. Bolder actions. We are Medtronic. Medtronic plc, headquartered in Dublin, Ireland, is the leading global healthcare technology company that boldly attacks the most challenging health problems facing humanity by searching out and finding solutions. Our Mission — to alleviate pain, restore health, and extend life — unites a global team of 90,000+ passionate people across 150 countries. Our technologies and therapies treat 70 health conditions and include cardiac devices, surgical robotics, insulin pumps, surgical tools, patient monitoring systems, and more. Powered by our diverse knowledge, insatiable curiosity, and desire to help all those who need it, we deliver innovative technologies that transform the lives of two people every second, every hour, every day. Expect more from us as we empower insight-driven care, experiences that put people first, and better outcomes for our world. In everything we do, we are engineering the extraordinary. For more information on Medtronic (NYSE:MDT), visit www.Medtronic.com and follow @Medtronic on Twitter and LinkedIn.