Thursday, June 16, 2022

Future Generali India Insurance Adjudged ‘Best General Insurance Employer’ By Great Place To Work


~ Earns the distinction of featuring amongst ‘India’s top 50 best companies’~ 

Future Generali India Insurance Company Limited (FGII), the general insurance arm of the joint venture between retail giant Future Group and global insurer Generali, has been recognized for its ‘employee centric approach’ and ‘Human Touch’ philosophy, yet again. FGII outshines amidst the ‘General Insurance’ category by emerging as the employer of choice and earning its place amidst the much-coveted list of ‘India’s top 50 best companies’ to work with as per ‘Great Place to Work® Institute’.  

FGII’s ambition is to be a ‘Life Time Partner’ to its customers by combining simplicity and innovation with empathy and care along the entire customer journey. They are of the strong belief that customer delight and employee satisfaction go hand in hand, and its ambition of housing strong and happy customer relationships will be delivered through its happy and motivated employees.  

Over the last few years, the company has made extensive efforts towards orchestrating an appropriate organisational design aimed at fostering a culture of growth and productivity, a nurturing environment for employees that enables them to realise their full potential and progress in their career aspirations with FGII. 

The pandemic stood testimony to some of FGII’s people practices, relevant to the difficult times. Right from prioritizing employee safety, job, and financial security, providing for medical needs to emphasize on mental health for employees and families, the management stayed focused on keeping employees first. The organization ensured that employees were continually engaged and gainfully employed, while they got their increments, bonuses and promotions ,like any other (pre-pandemic) year. Substantial efforts were undertaken to ensure employee connect and well-being which were prioritised through various interventions, like - mental health helpline, Mental health day off on ‘World mental health day’ on 10th October and series of other employee engagement programs to connect employees and families. All this was done maintaining focus on productivity and bringing to market a slew of innovations and industry first’s that resonated positively with its customers, making FGII the fastest growing General Insurance player in India, amidst the top 10. 

Anup Rau, MD & CEO, Future Generali India Insurance says,  “At FGII, we are a ‘Life Time Partner’ to our employees, first; and each of us collectively deliver this promise, creating customer delight, through their journey with us. Leading with ‘Human Touch’ has been our core guiding principle to ensure employee well-being, growth, and satisfaction, reflecting in all our people actions”. 

He further adds “We are delighted to see ourselves at the helm of the industry for being a workplace of choice amidst the general insurance industry. It is humbling to witness the reciprocated trust and faith of our employees. With the backing of the best talent in the industry, FGII is well on its way to mirror this success as among the fastest growing top 10 player in the general insurance space”.  

About Future Generali India Insurance Company Limited 

Future Generali India Insurance Company Limited is a joint venture between Future Group – the game changers in Retail Trade in India and Generali – a 190 year old global insurance featuring in the world’s 70 largest companies*. The Company was incorporated in October 2006 and received the IRDAI license in September 2007 with the objective of providing retail, commercial, personal, and rural insurance solutions to individuals and corporates to help them manage and mitigate risks. 

Future Generali India has been aptly benefitting from the global Insurance expertise in diverse classes of products of Generali Group and the Indian retail game-changer Future Group. Having firmly established its credentials in this segment and effectively leveraging on the skill set of both its JV partners, Future Generali India has evolved to become a Total Insurance Solutions Company. 

*As per Fortune Global 500 Ranking (2020) 

*Future Generali India Insurance is certified ‘Great Place to Work’ (December2021-November 2022)  

Creative “B.Sc. Culinary Arts Program Offered” At VMSIIHE In Goa


Exemplifying its one-of-a-kind stride in the league of culinary pursuits, the prestigious V. M. Salgaocar Institute of International Hospitality Education (VMSIIHE), Goa,  recently announced the initiation of a globally accepted, highly personalised, and hands-on program - the B.Sc. Culinary Arts. The immersive and practically oriented three year degree program is set to commence with much gusto from August 2022. 

"This B.Sc. Program offers in-depth exposure to diverse cuisines and gastronomic intricacies by renowned Indian and international faculty with rich teaching and industry experience. The modern amenities and support services enable students to establish and evolve their very own culinary concept. With a robust emphasis on developing managerial and entrepreneurial skills, students will also find incentive in honing their communication, problem-solving, time management, and teamwork capacities", explained Prof Irfan Mirza, Director/Principal of the institute.  

“What makes this program so immensely inviting is the carefully crafted curriculum which includes the philosophy of the slow food movement, molecular gastronomy, plating techniques, culinary photography and more”, explained Chef Sebastian Breitinger, Professor of Culinary Arts at VMSIIHE.  

Addressing the multifaceted nature of this Program, Prof. Mirza ascertains that it meets the aspirational needs of ambitious students seeking to make it big in the realm of hospitality. With ultra-modern training kitchens and professional internships at renowned hotels and catering industries, students will stand to gain the best of both worlds. 

“With hospitality intensely ingrained in the Goan soil, such an opportunity; right in the heart of India, is an unparalleled, exceptional and exciting prospect,” adds Prof. Mirza. 

Breitinger added, “Spanning across six semesters, this program has a total of 142 credits; on the culmination of which, a Bachelor of Science degree in Culinary Arts from the Goa University will be awarded to the students. Besides rigour in the Program content and placement priorities through this program, the quintessential VMSIIHE experience offers recreational opportunities along with hostel facilities.  

From learning how to source and select the choicest of ingredients and kitchen products to exploring and mastering various methods in cooking, this Program is customized to appeal to the zeal of every culinary connoisseur in the making.  

A fantastic fusion of academia and industry, customary and contemporary, this program presents an avant-garde approach to the tried and tested patterns, thereby permitting it to become one of its kind. 

One can visit www.vmsiihe.edu.in for more details. 

Bank of Baroda Hikes Interest Rates On Term Deposits And Savings Deposits”, Effective Immediately


Bank of Baroda has hiked fixed deposit interest rates on Domestic Term Deposits including NRO and NRE Term Deposits of below Rs 2 crore by up to 40 basis points. These rates are applicable with effect from June 15, 2022.  

Interest rates have also been hiked on Saving Deposits of Rs. 100 crore and above to less than Rs. 200 crore and Rs 500 crore and above. 


Wednesday, June 15, 2022

Genesys International, India’s Leading 3D Mapping Company Receives An Investment of Rs. 250 Cr Equity Led By Malabar India Fund


Genesys International Corporation, a leader in 3D Mapping content and geospatial solutions announced a Rs. 250 Cr. round of equity investment, which is intended to accelerate the company's 3D Digital Twin Content Program. The content platform which was launched by NITI AAYOG is creating the most state of art mapping content for India thanks to the landmark new geospatial policy. The well-received investment round was led by Malabar India Fund with participation from other marquee investors. The proposal was approved at the meeting of the Board of Directors held today. 

Genesys was the first company in India to launch the street imagery immersive content for all major Indian cities along with an all-India vector map. The Genesys constellation is now India’s largest sensor constellation capable of acquiring terrestrial, oblique and aerial imagery at high speeds and accuracy 

It recently filed for two patents for the 3D mapping environment. The company plans to strengthen its Content As A Service platform creating a business model offering multi vertical applications catering to the emerging needs of India’s digital infrastructure ecosystem The company plans to target its offering to Utilities, Smart Cities, Big-Tech and Digital and E-Commerce sectors. 

Speaking about the investment, Mr. Sajid Malik Chairman and MD of the company said that “This investment will be a key catalyst post the new Indian geospatial policy which has given a major fillip to our capabilities. We believe we will help leapfrog India’s map ecosystem.” 

Speaking about the investment, Mr Sumeet Nagar, Malabar's Managing Partner, said “We are excited about Genesys' mapping content and integration capabilities and the opportunities that the Indian digital infrastructure will provide in the years to come. A high-definition map platform will be an integral part of Digital India and we are delighted to partner with Genesys on their journey to deliver it.”

Mathew Cyriac, ex-Blackstone MD and also an existing investor said “Genesys has a unique differentiated approach which meets the needs of India‘s economic development.

About Genesys:

Genesys International Corporation Ltd is a pioneer in advanced mapping, survey, and geospatial services. Headquartered in Mumbai, India. With a team of 2000+ professionals it has worked on several complex advanced mapping content and counts as its clients leading big tech, digital companies, utilities, and governments 

Cremica Food Industries Unveils A New Range Of Lip-Smacking Sauces


-Elevates the flavors and food industry -

Cremica Food Industries today launched a new variety of sauces that are deliciously addictive and can be used in salad dressing, for dips or to prepare filling for sandwiches and wraps.  The next time you shop, seven different types of lip-smacking sauces are going to be available at the Cremica counters. 

On this momentous occasion, Akshay Bector, Chairman and Managing Director, Cremica Food Industries said, “We have been experimenting with new and different ingredients/ flavors to create new, tastier cold condiments and sauce recipes. While we previously had only a tomato sauce, and mayonnaise, with the introduction of these seven varieties of sauces, along with the tomato ketchup, the flavour profile of the dish will be improved and will offer unique culinary experiences to the diners.”

With changing lifestyles and income levels, there has been an increase in consumption of condiments and growth of the food services sector. Consumers are looking for more exotic flavours which were not known a decade ago. They are also switching to vegetarian and healthy products.  This has led to a lot of innovation and demand to provide unique and exotic flavours in the food sector.  Cremica is debuting its range of seven sauces and tomato ketchup to cater to this ever-changing palate of millennial consumers. Cremica pioneered the vegetarian mayonnaise from 1996 posted a turnover of Rs 300 crore last fiscal, with average annual growth of 20 percent and is keen to capture this new disruption in the market, in a similar fashion.   

“Though tomato ketchup, tomato sauces, Indian Ethnic Chutney, Pudina & Imli, mustard, and mayo remain on the top of the list of most-used sauces overall, when dining at restaurants or in other food establishments, an increasing number of people are searching for specific sauces with distinctive flavour.  With the introduction of these flavors from Cremica - Chipotle Sauce, Sriracha Sauce, Piri piri sauce, Tomato Ketchup, Honey Mustard, Sweet Onion Sauce, Thai Sweet Chili Sauce, Barbeque Sauce – we would like to capture and become global leaders in the cold condiment market.” – said Akshay Bector, Chairman and Managing Director, Cremica Food Industries.

Across the globe, the market for tomato ketchup is expected to increase by US$ 4 Billion in the next 5 years due to significant growth in the food and beverage industry across the globe. Tomato ketchup pairs well with a wide variety of cuisines and foods offered by hotels, cafes and fast-food chains. Flavoured tomato ketchup, with fresh and new ingredients like sweet and spicy, chili, barbeque, chipotle, and jalapeno, is being used to enhance the flavour of the dish and to accompany snacks and appetizers.  This combination of flavours is exactly what you will find under the Cremica banner of products.  The new product line includes: 

Chipotle Sauce is bright red with specs of coarse chili and smokey with high fiery notes!

Cremica Sriracha is a multi-purpose hot sauce that is deliciously addictive. This Thai-inspired hot sauce is orange Red in Colour with Hot chilli and has a tangy taste.

PIRI-PIRI Sauce is Reddish Orange with spices & has tangy notes.  It is best used for marinating. It can spice up savoury dishes or be used as a sandwich spread or Jazz up veggies.  Piri piri sauce is a complex and versatile condiment that is sour, sweet, salty and spicy all at the same time. 

Cremica Honey Mustard can be used as an ideal salad dressing, for dips or to prepare filling for sandwiches and wraps. It is a yellow coloured sauce with thick and smooth texture and glossy appearance having sweet taste with traditional mustard and honey taste Sweet Onion Sauce has the perfect balance of sweet and tangy flavors. Light brown in color, smooth with chunks of onions, it works wonders on your favorite salads or sandwiches.

Thai Sweet Chili Sauce is a mild spicy dipping sauce. Best used for fresh or fried spring rolls, wontons or grilled meats.  It is bright red colour with visible chili flakes and Garlic. It is sweet with prominent Garlic flavour.

Barbeque Sauce is dark brown, smooth and tangy with smoke flavour.  

Tomato Ketchup – Tomato ketchup is made from tomatoes, sugar, and vinegar, with seasonings and spices. The spices and flavors Vary, but commonly include onions, allspice, coriander, cloves, cumin, garlic, and mustard, and sometimes include celery, cinnamon, or ginger.

This array of cold condiments from Cremica are manufactured from soft red tomatoes and can be consumed with both hot and cold foods. They can be served on the side with sandwiches, burgers, fries and grilled or fried meat in homes, restaurants, cafés and Fast-food chains.  They are also used as a base sauce for various curries and soups. This range of sauces from Cremica improves the overall flavor and consistency of the dish and is also a rich source of essential antioxidants, vitamins and lycopene that have various health benefits.

When dining at restaurants or in other food establishments, an increasing number of people are searching for specific sauces with distinctive flavor.  With the range of sauces from Cremica, their search ends here.

Manipal Academy of Higher Education Along With Postmaster General For South Karnataka Region – Releases Special Postal Cover


The Department of Student Affairs of Manipal Academy of Higher Education, organized a Special Postal Cover Release in connection with the project “Nasha Mukt Udupi Abhiyaan by involving Young Leaders of MAHE” as part of the nation-wide Nasha Mukt Bharath Abiyaan, a campaign to make India free of drug abuse, under the aegis of the Ministry of Social Justice and Empowerment, Government of India.

The event took place, at the TMA Pai Auditorium, Manipal  and encompassed the release of a special postal cover, two newsletters i.e “Hithaishi” and “Nasha Mukt Udupi Abhiyaan” and the launch of the Nasha Mukt club at Manipal College of Dental Sciences, MAHE, Manipal. Dignitaries and officials from MAHE and the postal department were in attendance along with students and faculty.

The Chief Guest was Ms. Radhika Chakravarthy, Joint Secretary of the Ministry of Social Justice and Empowerment, Government of India, who joined the event online and released the “Nasha Mukt Udupi Abhiyaan” newsletter. The Special Poster Cover was released by the Guest of Honour Sri D.S.V.R Murthy, IPoS, Postmaster General for South Karnataka Region, Bangalore.

Lt. General (Dr.) M.D. Venkatesh, Vice-Chancellor MAHE, released the 3rd edition of the newsletter “Hithaishi” of the Department of Student Affairs. Dr. H. Vinod Bhat, Executive Vice President of MAHE, was the Guest of Honour. The special postal cover was designed under his guidance.

Speaking at the event Lt. General (Dr.) M.D. Venkatesh, Vice-Chancellor MAHE said “Substance abuse is a serious issue that needs to be tackled. Manipal academy of Higher Education will continue to provide its support in creation of awareness around the issue, so that the goal of making Udupi “Nasha Mukt” is achieved”

As part of the launching of the Nasha Mukt club at the Manipal College of Dental Sciences (MCODS), Manipal, the guest of honour Dr. Monica Charlotte Solomon, Dean of MOCDS, Manipal administered the oath to the members of the Nasha Mukt Club at MCODS, Manipal.

Dr. Geetha Maiya, Director Student Affairs, MAHE, welcomed the gathering and Dr Binil V, Associate Professor, Manipal College of Nursing, Manipal and Co-Principal Investigator of the project, proposed the Vote of thanks.

Aashirvaad Atta With Multigrains Promotes Awareness Through The Happy Tummy Platform On World Digestive Health Day


After the successful launch of Happy Tummy in 2021 with India’s first Digestive Quotient Test, Aashirvaad atta with Multigrains aspires to increase awareness about the importance of digestive health with the introduction of Fibre Meter and My Meal Plan in 2022.

Aashirvaad Atta with Multigrains, the value-added atta variant from India’s No.1 packaged atta brand, Aashirvaad, had launched Fibre Meter & My Meal Plan on its flagship Happy Tummy website ahead of World Digestive Health Day on 29th May, 2022. The initiative was in line with the brand’s endeavour to amplify the awareness and importance of digestion and the role played by fibre in helping to maintain normal digestion. The brand had commissioned ‘A Survey on Digestive Health’ conducted by Momspresso in 2021 which indicated that 56% of Indian mothers surveyed think their family suffers from digestive health issues. Based on the insights from the survey, the brand had launched Happy Tummy website, http://happytummy.aashirvaad.com/, a platform that is aimed at educating consumers about digestion and introduced India’s first Digestive Quotient (DQ) test – a 2-minute questionnaire to know more about digestion.

Over the last year, this initiative has witnessed more than 12 lakh Indian consumers landing on the website with more than 3.3 lakh undertaking the DQ test. The website also houses content such as blogs and videos by experts in the field of nutrition as well as high fibre recipes. It also gives consumers the opportunity to book a consultation with a dietician. Taking the conversation about Happy Tummy a notch higher, the brand has now introduced–Fibre Meter and My Meal Plan. The Fibre Meter indicates whether an individual is meeting the recommended daily fibre allowance through their present diet. Subsequently, My Meal Plan gives a suggested diet plan that can help meet the dietary fibre requirements as given by the Indian Council of Medical Research Recommended Dietary Allowances based on the gender and age entered by the consumer, in their diet every day. Consumers can choose from suggested meal plans across different cuisines.

Speaking about this on-going initiative, Ganesh Kumar Sundararaman, SBU Chief Executive – Staples, Snacks and Meals, Foods Division, ITC Ltd. said, “Last year, it came as a revelation to us that 56% of Indian mothers surveyed as part of ‘A Survey on Digestive Health’ conducted by Momspresso think their family suffers from digestive health issues. Aashirvaad Atta with Multigrains is our high fibre atta, and is committed to educating, enabling, and empowering the consumers by providing information on digestion. In 2021, we launched the Digestive Quotient (DQ) test with the objective of raising awareness about digestion among consumers, which witnessed massive success. This has encouraged us to further our focus on this subject and we are now happy to have launched additional initiatives under the platform - Fibre Meter along with My Meal Plan.”

To bring consumer attention towards the significance of digestion, Aashirvaad Atta with Multigrains has activated communication across multiple mediums. Consumers can check out the Fibre Meter and get a free meal plan at, http://happytummy.aashirvaad.com/

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