v Grand i10 NIOS Corporate Edition Will Be Powered By 1.2 l Kappa Petrol Engine With 5MT / AMT Transmission Options

* Based on the Magna trim, the GRAND i10 NIOS Corporate Edition will be introduced with multiple exterior and interior enhancements to encapsulate a Sporty and Hi-Tech appeal

* GRAND i10 NIOS Corporate Edition will introduce multiple tech enhancements such as 17.14 cm (6.75”) Touch Screen Infotainment with Navigation through Smartphone Mirroring and Electric Folding ORVM with LED Turn Indicator on Outside Mirror as standard

Hyundai Motor India Ltd., country’s first Smart Mobility Solutions provider and the largest exporter since inception, today announced the introduction of the GRAND i10 NIOS Corporate Edition with prices starting at Rs 6 28 900 (ex-showroom). Powered by the 1.2 l Kappa Petrol engine, GRAND i10 NIOS Corporate Edition will offer comfort and convenience to new age buyers while encompassing a new Sporty & Hi-Tech appeal.

Commenting on the introduction of the GRAND i10 NIOS Corporate Edition, Mr Tarun Garg, Director (Sales, Marketing & Service), Hyundai Motor India Ltd. said, "Hyundai conceptualized the GRAND i10 NIOS for progressive and young new age customers in India. Having witnessed a trailblazing sales run since its launch, we are glad to now introduce the Sporty and Hi-Tech focussed Corporate Edition on the GRAND i10 NIOS to induce delight and enhance the value offered to new age buyers. With unique and innovative aesthetic enhancements and technology, we are sure the Corporate Edition will captivate the aspirations of customers looking for a sporty, feature loaded and efficient hatchback.”

Conceptualized to offer sporty yet elegant design and hi-tech convenience, GRAND i10 NIOS Corporate Edition has been based on the Magna trim with 5MT / AMT transmission options, mated to the fuel efficient 1.2 l Kappa Petrol engine. The exterior enhancements on Corporate Edition include:

·         175/60 R15 (D=380.2 mm) Gun Metal Styled Wheel

·         Roof Rails

·         Rear Chrome Garnish

·         Corporate Emblem

·         Black Painted ORVM

·         Glossy Black Radiator Grill for All Body Colors

To lend a touch of sportiness and induce fun filled driving experiences, GRAND i10 NIOS Corporate Edition will feature sporty All Black Interiors with Red Colour Inserts (Seats, AC Vents and Gear Boot). To offer customers added hi-tech and convenience features, Corporate Edition will include:

·         17.14 cm (6.75”) Touch Screen Infotainment with Navigation through Smartphone Mirroring

·         Electric Folding ORVM with LED Turn Indicator on Outside Mirror as standard

Data Centres Receive Investment Worth USD 2.2 Bn In 2021, Highest Single Year Investment Since 2016: Knight Frank India

 

·        Data centres record 256% rise in PE Investments in 2021 over 2016

·        96% investments in data centres are by foreign Investors

·        Data centres commanded 26% share of PE investments in real estate in 2021

Leading global consultant in India, Knight Frank, in their latest report Investments in Real Estate- trends in private equity investments in India (Q1 2022), reported a significant growth in private equity (PE) investments in data centres in India. Total PE investments in this sector is recorded at USD 2209 Mn in 2021, significantly higher by 259% when compared to investments received in 2016. The sector commanded 26% share of all PE investments received by the real estate sector in India in 2021. Approximately 96% of the total PE investments in data centres since 2011 in India have been made by foreign Investors. 

Data centre growth in India has been significant over the last 5 years with investments from real estate players as well as from PE funds to set up various categories – from colocation, hyper-scale, managed services to edge data centres, etc. Data centres took second spot in the total investment share in 2021, beating warehousing and residential. While the focus has primarily been on metro and tier 1 cities such as Mumbai, Chennai, Bengaluru, and Hyderabad, other areas such as Pune and Indore have also been of interest to investors. Recorded at USD 851 mn, Mumbai has received the largest cumulative volume of investments since 2011 followed by Bengaluru at USD 427. Delhi received cumulative PE investments of USD235 Mn in Data Centres in the same period.

Shishir Baijal, Chairman and Managing Director, Knight Frank India said, “In India, the current capacity of data centres in relation to the volume of data created is low, which lends scope for creation of more data centres. Going forward, India's growing reliance on digital payments, ever-increasing data consumption, and a surge in e-commerce usage would need enhanced digital infrastructure, making Data Centres a sunrise sector with high investor interest”.

The share of data centre in total PE investments in real estate in India has risen significantly from 2016 to 2021. The total investment in five asset classes – office, residential, retail, warehousing and data centres was recorded at USD 8.4 Billion (8,408 Mn). Of this total share of data centres was recorded at 26% or INR 2.2 Bn (2,209 Mn).

The significant rise of data generation and its consumption across a variety of industries has led to a steep rise in demand for data servers and data centres globally. According to Cloudscene data of 110 countries, as of January 2022, there were 8,347 data centres globally. Of these countries, the top five house more than 50% of the data centres: the United States (33.1%), the UK (5.8%), Germany (5.5%), China (5.4%) and Canada (3.9%). India’s share in the total pie stands at 1.5%.

ELGi Launches Two High Performance, Energy-Efficient Portable Air Compressors At EXCON 2022

* Electric-powered PG 110E -13.5, and the diesel-powered PG 575 – 225 trolley mounted portable air compressors deliver reliability, low maintenance costs, high energy efficiency, and industry leading productivity for drilling operations

Elgi Equipments (BSE: 522074 NSE: ELGIEQUIP), one of the world’s leading air-compressor manufacturers, today launched its high performance, energy-efficient, and reliable electric and diesel portable air compressors at EXCON 2022. Over 80,000+ business visitors and 1500 exhibitors are expected to attend South Asia’s construction equipment exhibition, scheduled from 17th to 21st of May, 2022.

The electric-powered PG 110E -13.5, and the diesel-powered PG 575 – 225 machines were launched at the ELGi outdoor stand OD 81 today. Also on display were the diesel-powered PG 500-185, PG 330-100, and the electric-powered PG 90E and PG 55E trolley mounted portable air compressors.

Speaking at the launch, Rajesh Premchandran, Director, ISAAME (India, South Asia, Africa, and the Middle East), Elgi Equipments said, “EXCON 2022 provides us with an excellent platform to showcase our high-performance, reliable portable air compressors built with superior technology. We are happy to launch our new electric and diesel portable air compressors which will offer our customers low maintenance costs, high energy efficiency, and high productivity. According to recent industry reports, the infrastructure sector in India is estimated to grow at a CAGR of approximately 7% in the next five years. The Government plans to invest about INR 102 lakh crore in infrastructure projects by 2024-25. We are excited and well poised to address the opportunity. At ELGi, we continue to focus on understanding our customer’s stated needs, unstated wants and deliver the right compressed air solutions.”

ELGi’s electric-powered portable air compressors are powered by IE3 motors integrated with proprietary ?-V profile airends, delivering high productivity and reliability for drilling operations. These compressors also feature a reverse direction switch (RDS) and single-phase preventer for better safety. The highly efficient three-stage filtration system makes these portable compressors suitable for operations in dusty environments, delivering unmatched performance under the toughest site conditions. 

Increased operational life, low operating and maintenance costs, and best-in-industry service support are just some of the factors that have caused ELGi’s portable compressors to find extensive usage across various applications, including construction, blue metal quarries, coal mining, iron ore mining, granite mining, marble mining, sandstone mining, sandblasting, shotcrete, pigging, etc. for over four decades. 

ELGi, is a pioneer in cutting-edge compressed air technology with a presence across 120+ countries, offering a complete range of compressed air solutions from oil-lubricated and oil-free rotary screw compressors, oil-lubricated and oil-free reciprocating compressors, and centrifugal compressors to dryers, filters, and downstream accessories. With state-of-the-art manufacturing units and a product portfolio of 400+ compressed air systems, ELGi redefines reliability, efficiency, and cost-effectiveness across 2+ million installations worldwide.

Distribuelec - Buildelec, 2022 Showcases Breakthrough Tech, Innovative Solutions And Cutting Edge Tech For Smart Distribution

* A 3-day Complete Power Distribution & Building Electrical Show will be held from    May 25-27 at BIEC, Bengaluru  

*   UT of Puducherry as the Guest of Honour

- Mr Sanjeev Sharma, MD & CEO, ABB India

- Dr Ajay Mathur, DG, ISA

- Mr Jayavibhava Swamy, IAS, MD, CESC Mysore

- Mr R. Lakshmanan, ED, REC Ltd.

- Ms Tripta Thakur, DG, NPTI

+ eminent leaders from the industry

+ IEEMA President, Vice President & NEC Members

Indian Electrical and Electronics Manufacturers' Association (IEEMA) is organising its 5th edition of Distribuelec, the complete Power Distribution show and 3rd edition of Buildelec, the Building Electrical show from May 25-27, 2022. This first physical event post pandemic brings together Utilities, Consultants, Technocrats, Consumers, Distributors, Electrical Traders, Contractors, Fire Officers, System Integrators, Building Authority & Tech. Service Providers, Civil Contractors and Industrial Users.

Simultaneously, INTELECT conference centred on the Resilient and Sustainable Paradigm. This has Knowledge Packed sessions on Energy Transition, Distribution challenges and way forward, Industry Challenges, and Vision 2047, role of Private Utility, New World of Energy and Next Gen Technologies. The Buildelec conference on day-3 covers sessions on Burning Technology Challenges in Sustainable Data Centre Buildings & Innovations in Electrical Fire Safety under the theme Resilient & Sustainable Buildings; while Buyer Seller Meet, 1-2-1 meetings would host domestic buyers representing DISCOMs, PSUs, EPCs, Railways and Building developers.

India and several other developing countries are expanding and improving their distribution network to supply 24x7 power to their citizens. Growth in load and distributed generation brings new challenges for distribution network. Utilities are also deploying state of the art technologies to improve quality and reliability of supply and also reduce losses. These challenges can be overcome only with the amalgamation of electrical equipment and digital network technology. Distribuelec, India's only Exhibition on Hi-Tech Power Distribution would showcase products, technologies and services from 220V till 33KV.

Commenting on the same, Mr. Vipul Ray President IEEMA, said, “Renewables are outpacing fossil fuel based plants and focus is now on digitised, automated and controllable power system for optimising power flows and reduce losses. Distributed generation, energy storage and information infrastructure are becoming vital components of power system. EV infrastructure has opened a whole new area of opportunities and a new set of challenges. Breakthrough technologies and innovative business models can bring to real world what would probably be the domain of sci-fi.”

Mr Amit Kumar, Chairman, Distribuelec 2022 cited, “Distribuelec and Buildelec will provide the energy and construction industry an unrivalled environment to meet suppliers, all at one place. Participants will have the chance to meet with exhibitors and explore new developments. In addition, leading industry experts will share their knowledge and experience in energy sector during the 3 day interactive conference. As a part of the exhibition, a Domestic Buyer Seller Meet (DBSM) has been organized, wherein eminent leaders from all the major DISCOMS are expected to be present.”

Mr R Prakash, Vice Chairman, Buildelec 2022 stated, “Green building technology is of primary focus, given it has become one of the hottest trends in construction. The primary way with which green technology benefits are achieved is through greater energy efficiency. In new buildings, green building construction plays an eminent role in every phase of development. Every aspect of the structure, including siting, design, construction materials, and the systems used to run and maintain operations are chosen to be as sustainable and energy efficient as possible. An elaborate discussion on utilising sustainable construction technologies such as solar power, biodegradable materials, green insulation, cool roofs, low energy house and zero energy building design, electrochromic smart glass among others would also be held at Buildelec 2022.”

Manipal Technologies Limited Appraised At CMMI V2.0 Level 5 - DEV & SVC (Multi-Model)

Manipal Technologies Limited (MTL), one of India’s fastest-growing conglomerates transforming billion of lives globally, today announced that the organization has been appraised at Level 5 of the CMMI Institute’s Capability Maturity Model Integration (CMMI).  

MTL has been appraised for both the model i.e., Development and Services covering Cards Division, Digital Division, Financial Inclusion, BFSI, Software Solutions, Digital Banking, and Digital Solutions. The multi-model appraisal was performed by Qminds Consulting Global Pvt. Ltd, Bengaluru. 

“We are delighted and honoured to be appraised at CMMI Level 5. This significant milestone recognizes our commitment to deliver exceptional customer experience,” said Mr. Abhay Gupte, Managing Director and Chief Executive Officer, Manipal Technologies Limited. “At MTL, we are committed to continual improvement, and this appraisal acknowledges our efforts of developing mission-critical products and solutions which contribute to the success of our customers”. 

CMMI is a capability improvement framework that provides organizations with the essential elements of effective processes that ultimately improve their performance. An appraisal at maturity Level 5 indicates that an organization is continually improving its processes based on a quantitative understanding of its business objectives and performance needs. MTL has a proven track record of helping its customers achieve their business objectives and goals. MTL aims to offer high-tech solutions that address the needs of its customers in the best way possible. 

About CMMI: 

CMMI Institute (www.CMMIinstitute.com) is a global leader in the advancement of best practices in PPT (People, Processes, and Technology) framework. It offers market-driven solutions that provide insights for baselining and optimizing key organizational capabilities, cyber maturity, and data assets to elevate business performance. For over 25 years, thousands of high-performing organizations in various industries, including aerospace, finance, healthcare, information technology, software, defence, transportation, and telecommunications, have achieved sustainable business success by adopting the CMMI and proved they are capable business partners and suppliers. 

About Manipal Technologies Limited:    

Manipal Technologies Limited (MTL) is part of The Manipal Group, a USD 2 billion multinational conglomerate headquartered in Manipal, Karnataka. Established in 1941 with a vision to create Lasting Impressions, MTL is one of India’s fastest-growing companies transforming billions of lives worldwide. 

MTL has been a relentless innovator for 80 years and today leading player in diverse businesses from fintech, financial inclusion, payments, doorstep banking, enterprise fraud management suite to gold loans, digital media, e-learning, e-commerce, print management, cards, commercial print, secure solutions, and others. MTL has four R&D centers that filed 28 patents for various technology areas and recently rolled out new-age products related to virtual cards, metal cards, and wearable payments. MTL is a trusted partner for leading banks, insurance, telecom, publishing, retail, education, and many global brands across diverse industries for its cutting-edge future-ready products and services 

MTL's footprints are spread across Germany, Kenya, and Nigeria to support its local customer needs. To know more, visit- www.manipaltechnologies.com 

Gemini Edibles Donates Delivery Vehicle To Akshaya Patra For Feeding 1 Lakh Children

 

*The vehicle, a part of Akshaya Patra’s Bengaluru kitchen, will help the NGO deliver 5,000 meals each day to children

 In a bid to fight the global issue of child malnutrition, Gemini Edibles & Fats India Limited (GEF India) has donated a delivery vehicle to The Akshaya Patra Foundation in Bengaluru. The collaboration will support the NGO’s mission to eliminate child malnutrition in India and help transport nutritious mid-day meals to government schools in the region.

The vehicle that will be part of Akshaya Patra’s Hare Krishna Hill kitchen in Bengaluru will help the NGO deliver 5,000 meals each day to over 1 lakh children.

In 2020-21, GEF India partnered with Akshaya Patra to provide mid-day meals by donating six delivery vehicles. Reiterating their mission of eradicating child malnutrition, in the last one year, both organisations have joined hands again with GEF India donating five more vehicles in various regions including Hare Krishna Hill and Jigani in Karnataka and Mangalagiri in Andhra Pradesh.

The delivery vehicle donated to Hare Krishna Hill was flagged off in Bengaluru on 18th May 2022 in the presence of Mr. Prasanna, ASM - Karnataka, Gemini Edibles & Fats India Limited and Ms. Rajini Sinha, Regional Director, The Akshaya Patra Foundation.

Speaking on the association, Mr. P Chandra Shekhara Reddy, Vice President - Sales & Marketing, Freedom Cooking Oils, said, “We, at Gemini, firmly believe that 'Food is a fundamental human right' and hence strive to work towards fulfilling this responsibility towards the society we live in. We are elated to join hands with The Akshaya Patra Foundation for the noble cause of providing nutritious meals to underprivileged students across India. We are donating delivery vehicles to reiterate our partnership with the Foundation and reach the larger goal of eliminating child malnutrition. This is our bit in giving back to the society.”

Expressing gratitude for the donation by GEF India, Mr. Sundeep Talwar, CMO, The Akshaya Patra Foundation, said, “For 21 years now, we’ve served nutritious meals to children with an aim to eradicate classroom hunger. Our missions that no child should be deprived of education due to hunger can only be achieved via such partnerships. This collaboration with GEF India will go a long way in expanding the reach of Akshaya Patra’s meals to thousands more students in Bengaluru.”

About Gemini Edibles & Fats India Limited

Gemini Edibles & Fats India Limited (GEF India) is headquartered out of Hyderabad and is engaged in the business of manufacturing, distribution and branding of edible oils and speciality fats in India.

Corporate Social Responsibility is an important part of GEF India’s operations. Under this policy, the company has shed major focus on eradication of poverty and hunger, providing safe drinking water, empowerment of women and promoting education and vigilance against COVID-19.

The Group has implemented various schemes and projects for the safety of women as well as building educational infrastructure in various regions across South India.

About The Akshaya Patra Foundation

The Akshaya Patra Foundation is a not-for-profit organization that strives to address classroom hunger and malnutrition in India. By implementing the Mid-Day Meal Scheme in Government and Government-aided schools, Akshaya Patra aims to fight hunger and, at the same time, bring children to school. Since 2000, Akshaya Patra has worked towards reaching out to children with wholesome food every single school day. The Foundation is continuously leveraging technology to cater to millions of children. Its state-of-the-art kitchens have become a subject of study and attract curious visitors from around the world.

Being the implementing partner of the government of India’s school lunch programme, the organization has been instrumental in reforming policies pertaining to the scheme, improving the nutritional value for the beneficiaries under the programme.

As the implementing partner of the Government of India’s flagship school feeding programme, through its relentless commitment to creating a secure and educated future, The Akshaya Patra Foundation has grown from serving just 1,500 children in 5 schools in 2000 to over 1.8 million children in 19,039 government and government-aided schools from its 61 kitchens across 14 States and 2 Union Territories.

Tata Motors And Tata Power Join Hands To Install 7 MWp Solar Rooftop Expansion Project In Pune

* With the expansion, Tata Motors PV Pune manufacturing unit will now house India’s largest on-site solar project of 17 Mwp

* Project to  generate 23 million units of electricity, mitigating 5.23 lakh tonnes of CO2;  equivalent to planting 8.36 lakh trees over a lifetime

Reaffirming Tata Group’s commitment towards sustainable manufacturing, Tata Power and Tata Motors have joined hands for the development of a 7 MWp solar rooftop project at Tata Motors’ Passenger Vehicle Plant in Chikhali, Pune. This is the third phase of a joint 17 MWp on-site solar project developed by the two companies, of which a 10 MWp has been installed earlier. With this latest installation, the Tata Motors PV manufacturing unit, installed by Tata Power, will become home to India’s largest on-site solar project.

Tata Motors and Tata Power have recently inked a Power Purchase Agreement (PPA) for this solar project. A significant step towards building a resilient and sustainable future, the installation is collectively expected to generate 23 million units of electricity, mitigating 5.23 lakh tonnes of carbon dioxide. This will be equivalent to planting 8.36 lakh trees over a lifetime.

Commenting on the project, Mr. Rajesh Khatri, Vice President, Operations, Tata Motors Passenger Vehicles Ltd., said, “Tata Motors has been working towards reducing greenhouse gas emissions to achieve Net Zero Emission goal. With fresh agreement to install an additional Roof Top solar plant of 7 MWp in our Pune plant in association with Tata Power, we will move closer to our goal of 100% Renewable Energy. Post commissioning of this capacity, we will become the largest onsite solar installation in India.”

Tata Motors, as a signatory to the RE100, is committed to using 100 percent renewable energy in its operations and has taken many steps toward this objective by gradually increasing the proportion of renewable energy used in its operations. The company generated 92.39 million kWh of renewable electricity in FY22, accounting for almost 19.4% of total power usage. The company also plans to obtain renewable energy with greater rigour to reach its goal of procuring 100% renewable energy by 2030.

Speaking on the project expansion, Mr. Gurinder Singh Sandhu, Chief – New Business Services, Tata Power said, "India's largest on-site solar project at Tata Motors' Pune plant is a testament to our shared goal of being green in our businesses. The project reinforces Tata Power's position as one of India's top renewable energy players, offering considerable value to its partners through its project execution capabilities and technical expertise."

Tata Power comes with a successful background in executing multiple large solar rooftop solutions including the one of the world’s largest rooftop (16MW) at a single location at Radhasoami Satsang Beas (RSSB), Amritsar; 2.67MW at Cochin International Airport; one of the world’s largest solar-powered cricket stadium-Cricket Club of India (CCI) with 820.8 kWp capacity; unique installation of the solar vertical farm (120kW) at Dell Technologies at Bangalore and 1.4MW floating solar at Tata Chemicals, Nellore. In addition, Tata Power is carrying out an extensive pan-India residential rooftop program to make people aware of the benefits of savings through solar energy.