Tuesday, May 3, 2022

Hyundai Unveils New CRETA Knight Edition Along With MY’22 Updates To India’s Favourite SUV


* The new CRETA Knight Edition to feature aesthetic upgrades in the form of Black Gloss colour application to multiple exterior and interior design elements as well as an application of Knight Edition Logo on the tailgate

* Hyundai will also introduce multiple feature changes to the MY’ 2022 CRETA that include fitment of Tyre Pressure Monitoring System (Highline) as standard across trims

* To enhance customer options, Hyundai has introduced the highly innovative iMT (Intelligent Manual Transmission) on the CRETA 1.5 l MPi Petrol S Trim for Rs. 12 83 600 (Ex-Showroom)

* Hyundai has also introduced a new S+ Trim for the 1.4 l Kappa turbo GDi petrol engine, making the Ultimate SUV even more affordable and feature rich

Hyundai Motor India Ltd, country’s First Smart Mobility Solutions Provider and the largest exporter since inception, today launched the new CRETA Knight Edition with prices starting at Rs. 13 51 200 (ex-showroom). Celebrating the success of Hyundai as India’s No.1 SUV brand in 2021, the new CRETA Knight Edition stands testament as India’s highest selling SUVs of 2021 – CRETA that has been at the vanguard of SUV segment sales for many years.  

Commenting on the launch, Mr. Tarun Garg, Director (Sales, Marketing & Service), Hyundai Motor India Ltd., said “It has been our steadfast endeavour to induce customer delight at every juncture of Hyundai’s 25-year rich legacy in India. With CRETA, Hyundai has elevated the aspirations of lakhs of Indian SUV buyers looking for The Ultimate SUV. As we truly believe in enriching customer experiences throughout their life, we have a vast portfolio of SUVs that cater to the diverse needs of new age customers, facilitating them to live the Hyundai SUV Life. With the launch of the new CRETA Knight Edition, we are once again offering customers an exciting choice of SUV that matches their aspirations with bold and sporty design enhancements.”

Mr. Garg, added, “As one of the highest selling SUVs since its launch in 2015, CRETA has spearheaded the growth of India’s SUV segment, becoming a household name for families across the nation. We are grateful to all our customers for their love and trust in brand Hyundai and we will spare no effort to ensure customer delight with every new product launch.”

Encapsulating a new statement in black, the new CRETA Knight Edition will be offered on a new S+ trim (MT Only) as well as the fully loaded SX (O) trim (IVT/AT Only) available with 1.5 l MPi petrol and 1.5 l U2 CRDi diesel engine options. Making a bold statement to the Hyundai SUV legacy, the new CRETA Knight Edition has been aesthetically enhanced to epitomize the opulence and respect commanded by the colour black, featuring bold and valiant exterior styling with:

·         Front Radiator Grille: Black Gloss + Red Inserts

·         Black Gloss Exterior Styling Elements

o   Front & Rear Skid Plates

o   Lightening Arch C-Pillar Garnish

o   Side Sill Garnish

o   Roof Rails

o   Outside Rear View Mirrors

o   Shark Fin Antenna

o   Tail Lamp Inserts (Black)

·         Body Colour Door handles

·         Dark Chrome Emblem Finish

·         Sporty Red Front Brake Callipers

·         Dark Metal Coloured Alloy Wheels:

o   S+ Trim - R16 (D=405.6 mm)

o   SX(O) Trim - R17 (D=436.6 mm)

·         Knight Edition Emblem

CRETA Knight Edition has been packaged to offer customers a heightened Ultimate SUV experience with standard delight features such as Smart Panoramic Sunroof, Trio beam LED Headlamps and Crescent glow LED DRL. Additionally, the new CRETA Knight Edition will elevate sporty and exciting in car experiences with the application of all black interiors with coloured AC vent inserts; coloured stitching/ piping for steering wheel and seats to add a sporty yet exclusive in cabin experience.

MY 2022 Updates

Hyundai will also introduce multiple feature changes to the MY’22 CRETA that include fitment of Tyre Pressure Monitoring System (Highline) as standard across trims and offers Glossy Black Centre Console on SX (O) Trims, along with introduction of new Denim Blue color. Further, the company will introduce the highly innovative iMT (Intelligent Manual Transmission) on the CRETA 1.5 l Petrol S Trim to enhance customer choices across a spectrum of powertrain options. Now, the 2022 CRETA powered by 1.4 l T-GDi petrol engine with 7DCT will also be available on a new an S+ variant with multiple additional features over the S Trim; including:

·         Smart Panoramic Sunroof

·         R16 (D=405.6 mm) Black Alloy Wheels

·         Smartphone Wireless Charger

·         Rear Disc Brakes

·         Electronic Stability Control (ESC)

·         Vehicle Stability Management (VSM)

·         Hill start assist control (HAC)

·         Paddle Shifters

·         Metal Pedals

·         ORVM Electric Folding + Auto Fold

·         Power Window Auto up/down

Ranjan Pai Inaugurates Blackfrog Technologies’s Medical Device Manufacturing Facility In Manipal


Dr. Ranjan Pai, Chairman, Manipal Education & Medical Group (MEMG), Bengaluru, inaugurated the medical device manufacturing facility of Blackfrog Technologies in Manipal, Karnataka on 29 April 2022. Blackfrog Technologies Pvt. Ltd. is a Manipal-based Technology startup developing patented technologies to improve immunization supply chains. While inaugurating the Dr. Pai spoke about the significance of having a pipeline from academia to manufacturing and the larger role that cold chain technologies will play in the future of delivering quality healthcare.

The event had attendees from Academia, impact investment community and the medical devices industry. Dr. Neeta Rao, Senior Health Lead, USAID/India was one of the dignitaries and she spoke about the partnership with Blackfrog Technologies to take the Emvolio cold chain technology to the African continent. This project by SAMRIDHan innovative financing platform supported by USAID and implemented by IPE Global has supported Blackfrog to deliver Emvolio in Kenya’s public health system to aid COVID-19 mitigation efforts and delivery of routine vaccines. The event was graced by Dr. Manish Diwan, DGM & Head, SPED, BIRAC, DBT, Govt. of India, Dr. Sapna Poti, Director of Strategic Alliances at PSA Office Govt. of India, Dr. H. S. Ballal, Pro chancellor MAHE and Lt. Gen. (Dr.) M. D. Venkatesh, Vice Chancellor MAHE and Cdr. (Dr.) Anil Rana, Director MIT.

Speaking at the inauguration Dr. Ranjan Pai, Chairman, MEMG, Bengaluru said “Setting up a 1500 unit per month capacity medical device manufacturing facility within 6 years after graduation by a startup co-founded by two engineers is extremely commendable”

Blackfrog is supported by MAHE incubators and funded by DST, BIRAC, Venture Centre Pune, CCAMP Bangalore, Social Alpha, USAID-supported SAMRIDH. Blackfrog has been deploying its vaccine transport systems across India in close coordination with National Health Mission at state-level. Emvolio (portable medical grade refrigerator) is designed as per IEC 60601 and compliant with European Standards. Blackfrog’s new manufacturing plant is in adherence with ISO 13485 standards of manufacturing medical devices.

VKC Nuts Announces Breakthrough Of Pasteurised Nuts & Dry Fruits, Targets Additional INR 600 Crore Revenue By 2023


 -          Launches BACTOPURE, India's first 99.99% bacteria-free range of Nuts & Dry Fruits

VKC Nuts, India's leading fully integrated farm to fork Nuts & Dried Fruits Company has announced the launch of ‘Bactopure’, India’s first and only range of pasteurized nuts and dried fruits, under its signature brand Nutraj. With this launch, Nutraj becomes the only brand in the Indian market to adhere to international standards of hygiene and purity for nuts and dried fruits. Nutraj Bactopure claims to offer a 99.99% bacteria and pathogen free products which was possible due to the science and technological advancements in the space.

VKC Nuts is the pioneer in the industry to bring the technology of pasteurisation to India.  The company has been recording a growth of 25% – 35% year-on-year and is aiming to touch an INR 1500 Crore turnover by the year 2023. In the FY 2021, the company saw a revenue of INR 742 crore and recorded a 25% growth in revenue to INR 900 Crore in the year ending March 31, 2022.

Speaking passionately at the launch Mr. Gunjan Jain, Managing Director, VKC Nuts Pvt. Ltd. says, “There is a paradigm shift in the food industry. Purity, health, and hygiene are top of mind for Indian consumers like never before. However, people do not know the kind of nuts they are consuming. With the launch of Nutraj Bactopure, the nuts & dry fruits industry will see the emergence of international levels of hygiene and purity and India will be introduced to a category of bacteria free nuts. Every Indian consumer has the right to the same quality, that the consumers in the developed world have access to. VKC Nuts has always been at the forefront of delivery new innovations and quality standards in the Indian Nuts & Dry Fruits industry. Eradicating pathogen infestation from nuts & dry fruits is our latest resolve and Nutraj Bactopure is a giant leap in that direction.”

“VKC Nuts, the parent company of Nutraj is proud to be the only company to have a ready facility to pasteurize its products. In an age of a rapidly developing hygiene and health sensibility of the upmarket consumer, Bactopure can be a big differentiator that can lead the consumer towards making an aware and informed choice. Informed choices also means that the consumer is today not satisfied by mere claims of purity and quality. It is for this reason each pack of Nutraj Bactopure comes with a QR code that can display the actual certificate from a government approved lab to back up the claim. This is another first in the entire food industry!”, he added.

With the launch of BACTOPURE, VKC Nuts plans to expand its distribution network (for directly covered outlets), targeting approximately 1 Lac counters pan India, by end of FY 22-23. These would cover the markets in North, West, and South regions in the 1st phase, and East in Q4. Consumers in urban towns with population greater than 50k will have easy access to the brand's products. However, prime focus of the company lies on metro & tier-1 cities.

VKC Nuts, presently has 7 units - 1 in Bengaluru, 2 in Delhi NCR, 1 in Mumbai, and 3 in Jammu & Kashmir. The company plans to open 8 more manufacturing units each with a capacity of 10,000 metric tonnes, by 2024. They also aim to have a total of 25 company-owned stores and 50 franchise stores by end of 2023.

Monday, May 2, 2022

Bank of Baroda Announces Rate Cut On Car Loans Across India


* Lowers Car Loan Interest Rates to 7.00% with Concession in Processing Charges  

Bank of Baroda (Bank), one of India’s leading public sector banks, announced a reduction in its Car Loan interest rates starting from 7.00%* p.a. (earlier 7.25%* p.a.). Additionally, the Bank announced a reduction in processing charges to a flat Rs. 1500/- plus GST for a limited period up to June 30, 2022.    

The new rate beginning at 7.00%* p.a. along with the concessional processing charges are applicable for purchase of a new car. This special rate offering is linked to a borrower’s credit profile. 

Shri H T Solanki, General Manager - Mortgages & Other Retail Assets, Bank of Baroda said, “While the pandemic and subsequent lockdown impacted the auto segment, we have since seen a steady rise in demand for car loans as the economy has opened up and people are keen to travel in their own vehicles. The drop in the Baroda Car Loan interest rate and reduction in processing charges will make it easier and more affordable for consumers to buy a car of their choice.”  

“To simplify the process of availing a car loan, Bank of Baroda also provides a seamless digital platform to apply for a loan, receive sanction and disbursement for its pre-approved customers. The Bank is also present on the Maruti Suzuki Smart Finance platform as well as Hyundai Motor India’s Click To Buy portal, making the entire car buying process convenient and hassle-free for car buyers“, added Shri Solanki.  

To apply for a Bank of Baroda Car Loan online and get an instant approval, please visit https://www.bankofbaroda.in/. Customers can also apply through Bank of Baroda’s bank branches across India.  

The existing rate of interest for pre-owned cars and two-wheeler loans remains unchanged.  

Bank of Baroda has also announced a reduction in Home Loan interest rates starting at 6.50%* p.a. until June 30, 2022. 

*Terms & Conditions apply 

About Bank of Baroda:  

Founded on 20th July, 1908 by Sir Maharaja Sayajirao Gaekwad III, Bank of Baroda is one of the leading commercial banks in India. At 63.97% stake, it is majorly owned by the Government of India. The Bank serves its global customer base of over 150 million through over 46,000 touchpoints spread across 18 countries in five continents. Through Its state-of-the-art digital banking platforms, it provides all banking products and services in a seamless and hassle-free manner. The recently launched bob World mobile app provides customers with a saving, investing, borrowing, and shopping experience, all under one single app. The app also serves non-customers by enabling account opening through video KYC. The Bank’s vision matches its diverse clientele base and instills a sense of trust and security. It is moving well in that direction and bob World is a testimony of its roadmap towards Digital Transformation. 

Visit us at www.bankofbaroda.in   

Facebook https://www.facebook.com/bankofbaroda/ 

Twitter https://twitter.com/bankofbaroda 

Instagram https://www.instagram.com/officialbankofbaroda/ 

YouTube https://www.youtube.com/channel/UCdf14FHPLt7omkE9CmyrVHA  

LinkedIn https://www.linkedin.com/company/bankofbaroda/ 

PreludeSys Offers Business Intelligence And Data Analytics Powered By Microsoft Azure


* The offerings include Expert data analytics, futuristic intelligence, and visualization services 

PreludeSys announced its entry into the Data Analytics business. PreludeSys is committed to helping organizations address their pressing data management challenges and allow them to extract the most value out of their data. With Preludesys’s well-defined data analytics solutions, businesses can derive meaningful insights from their data to make informed business decisions. 

PreludeSys will be extending Microsoft Power BI for innovative business intelligence and data analytics services. With the use of Microsoft Power BI and Azure Data Platform, businesses can have a single view of your critical data and monitor your business’s health using rich dashboards and value-generating reports. While Power BI speeds up information analysis and performance evaluation, it is leveraged to help companies. 

Efficient data analytics solutions help organizations realize the true value of their data. Data Analytics service offerings will enable organizations to realize the real potential of their data and promote excellence in data management. Achieving data excellence is only a step away with PreludeSys. 

Talking about this new business offering, Mr Manoj K Chandra, Chief Technology Officer said “PreludeSys focuses on delivering data and analytics strategies that transforms raw data into useful information and eventually to actionable insights that empower businesses to make smarter decisions. By doing this, we help organizations gain the competitive edge they require”.  

A Trusted Microsoft Gold Partner - PreludeSys is an experienced Microsoft Gold partner, and with that acumen can leverage the capabilities of the Power BI solution to augment our data analytics services. The enhanced analytics will empower businesses to gather and curate data to extract actionable insights. It will also enable companies to generate interactive dashboards, visualizations, and reports. PreludeSys makes it possible in the following ways: 

Data Governance and Management – the first step towards successful data analytics  

Our best-suited data governance strategies help businesses achieve effective BI governance as they scrutinize and transform raw data into valuable insights. We ensure the security, data privacy, and audit controls despite being shared by multiple users in the organization. 

Advanced Analytics – unleash the power of hidden insights for innovative business decisions 

Our consulting and precise implementation help businesses predict customer behavior and monitor KPIs based on the existing data. PreludeSys has a documented track record of success. Customers see increase profits, drive informed decision-making, and improve the customer targeting to help them maximize performance. 

Power BI Reporting – a one-stop solution for all Business Intelligence needs 

PreludeSys offers Power BI Reporting services with Accelerator for Power BI, which includes a wide range of pre-built data models and templates. These PreludeSys assets aid a business to better interpret data through interactive dashboards and reports. 

Master your data with Data Analytics- Efficient data analytics solutions help organizations realize the true value of their data. Data Analytics service offerings from PreludeSys will enable organizations to realize the real potential of their data and promote excellence in data management. Achieving data excellence is only a step away with PreludeSys. 

About PreludeSys- PreludeSys is a global technology solutions provider founded in the year 1998. It has been certified as a ‘Great Place to Work’ in Sep 2021. As a brand PreludeSys is considered as a trusted technology partner serving more than 300+ customers. As a solution provider, PreludeSys goes an extra mile in helping their clients enhance business value through digital transformation. They offer services such as Enterprise Application Integration, Application Modernization and Cloud Migration, Business Intelligence and Data Analytics, Business Application Services (CRM / ERP), Testing, and Business Process Services. As a company they believe in working with young and mature enterprises across the globe in a diverse set of verticals by leveraging their in-house technical expertise, technology partnership, industry experience, and global delivery model. Overall, PreludeSys will help transform your brand inside out and guide you through your Digital Transformation journey solely committed to success. 

Memorandum of Understanding Established Between Manipal Academy of Higher Education & Binghamton University


Manipal Academy of Higher Education, Manipal (MAHE) and Binghamton University, New York signed a Memorandum of Understanding to establish an academic and research cooperation between the two institutes. The signing ceremony took place on April 28,2022 at manipal.edu University Building, Manipal. 

The objective of the MoU is to establish a collaborative degree program for the engineering students of Manipal Institute of Technology, Manipal, a constituent unit of MAHE. This program will allow students from MIT to study for 3½ years at MIT and 1½ years at Binghamton University, resulting in a Bachelor’s degree from MAHE and Master’s degree from Binghamton University. 

The MoU was signed by Lt. Gen. (Dr.) M.D. Venkatesh, Vice Chancellor MAHE and Dr. Madhusudhan Govindaraju, Vice Provost International Education & Global Affairs Binghamton University. 

Addressing the audience at the signing ceremony, Lt. Gen. (Dr.) M.D. Venkatesh, Vice Chancellor MAHE stated “The academic programs at MAHE are structured in such a way to prepare students to become global citizens. Both the institutions are encouraged to take this collaboration further and engage in innovative research aimed at addressing social needs”

Echoing the sentiments, Dr. Madhusudhan Govindaraju, Vice Provost International Education & Global Affairs Binghamton University said “The students and faculty were the driving force behind this collaboration, and we wish them all the success in this venture. The coming together of these two institutes of International repute will further increase the quality of education and opportunities for students and help them become global citizens” 

The other dignitaries present during the occasion were Commander (Dr.) Anil Rana, Director MIT Manipal, Dr. Raghu Radhakrishnan, Director International Affairs & Collaborations MAHE, Dr. Somashekara Bhat, Joint Director MIT Manipal, Dr. Preetham Kumar, Deputy Registrar – Academics (Technical) MAHE, Dr. M. Vijaya Kini Associate Director (Alumni, PR & IR) MIT Manipal, Dr. Smitha N. Pai, Professor & Head, Department of I & CT MIT Manipal. 

Designated as an “Institution of Eminence” by the Government of India, Manipal-based MAHE is one of India’s leading academic and research institutions, providing quality education to students in various fields. Binghamton University is a world-class institution that offers students a broad, interdisciplinary education with an international perspective.

Nikhil Agarwal From IIIT Bangalore & Team Win AI In Fashion And Design Hackathon


Nikhil Agarwal from IIIT Bangalore along with his team members from IICD, Srishti Manipal Institute, LISAA and Strate was pronounced as the winners of AI in Fashion and Design Hackathon which was held as a part of AI in Fashion and Design (AIfaD) Conference by the Institut Français en Inde and the French Embassy in India recently.

The winners were rewarded with a sponsored trip to Paris by the Embassy of France in India and the French Institute in India to attend the summer school sponsored by Aivancity Paris Cachan.

The International Institute of Information Technology Bangalore (IIIT Bangalore) hosted and co-sponsored the event.

The Hackathon conducted at IIIT Bangalore on 2nd and 3rd April encouraged students across disciplines to work on projects that demonstrated the successful application of AI in several facets of fashion and design. Students from Design, Textile Engineering, Information Technology and Management Schools from India and France worked together to solve the current problems towards a sustainable fashion and design industry. 

The Hackathon followed by a conference was held on April 4th and 5th 2022 at the Bangalore International Center. The 2-day AIfaD conference housed prominent personalities from tech and fashion sectors who delivered keynote sessions on the heritage of textile artforms, innovations by AI to combat challenges in forecasting trends, inventory control, waste management and its impact on creativity and design. The conference also hosted a panel discussion around “E-commerce technology and trends”. Prof. Debarata Das, Director, IIIT Bangalore being one of the panelists put forth his views on the same, stating “As AI technologies find application in every sector and enterprise, it's important to also address the issues of Ethics, Bias and Privacy in developing these solutions and have robust frameworks. IIIT Bangalore's Center for Information Technology and Public Policy (CITAPP) focuses on the policy challenges and the organizational demands made by technological innovation.  It seeks to provide a means to nurture and transform public policy through the use of Information and Communication Technologies (ICTs) by engaging with academic faculty and researchers, policy planners, political leaders and community representatives, technology vendors, public officials and civil society organizations.  The platform provided a holistic view of AI in fashion that students could take away from and incorporate in their respective careers.”

The conference culminated in a hackathon final presentation of a hackathon hosted at IIIT Bangalore and co-sponsored by MINRO on the 2nd and 3rd of April. 

About IIIT Bangalore

IIIT Bangalore is a premier institute focused on Post-Graduate IT education and research, located in the heart of Electronic City, Bangalore. IIIT Bangalore is graded A+ by National Assessment and Accreditation Council (NAAC) and remains top 70 in the National Institutional Ranking Framework since the last four years. The institute was ranked number 1 among India's Best Technical Universities (Private) by India Today. IIIT Bangalore contains state-of-the-art infrastructure, world-class faculty, a vibrant alumni community, cutting-edge research facilities and close industry collaborations. 

The institute’s specially designed courses make the students cognitive of the current technologies and practices, thereby equipping them with the tools and knowledge to solve contemporary real problems. Since the founding of the Institute in 1998, IIIT Bangalore has enjoyed 100% placement every year, on account of the strong support of the industry and the growing base of talented alumni.

https://www.iiitb.ac.in/

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