Tuesday, August 2, 2022

Shaping The New Future Of Work In India: A Career In Technology


COVID-19 ushered in a new era of remote work and heightened the need for businesses to invest in Enterprise Mobility Management (EMM) solutions. Productive work is not limited to the confines of an office, and a growing number of workers need nothing more than Internet access to work from remote locations around the world. A global report from SOTI, the world’s most trusted provider of mobile and IoT device management solutions, found 57% of enterprises invested in mobile technology or mobile security between 2020 and 2021.

Artificial intelligence (AI), Web 3, cybersecurity, mobility management, blockchain and cloud computing are becoming a necessity inside every enterprise, from large corporations to start-ups. The race to balance this demand and supply chain has compelled business owners, policy makers and other stakeholders to place technological advancement at the forefront of their business goals.

This dependence and exposure have made many businesses rely on mobile technology as a key component of their mission-critical needs. Businesses will be not able to live without EMM. Apart from employee productivity, it enhances corporate data security, secures the deployment of corporate data and simplifies user and device management.

A significant impact of this shift can be seen in the evolution of the skillsets companies are looking for in employees. Employers are looking for talented tech enthusiasts with software development and engineering skills that are imperative for the growth of their enterprise. Qualified professionals, on the other hand, are also aiming for careers which foster new ideas and a fresh perspective at the forefront of technological advancement.

SOTI, based in Mississauga, Canada, which also has operations in South India, has helped thousands of enterprises mobilize their organizations and optimize mobility investments. Companies around the world trust SOTI to manage the mission-critical aspects of their operations.

SOTI is a proven innovator and industry leader for Enterprise Mobility and IoT (Internet of Things) management. Globally, over 17,000 companies depend on SOTI to enable their strategies for mobile devices, applications, content and IoT endpoints.

With more companies looking for solutions to track, manage and deploy mobility solutions, SOTI is in search of bright minds and tech enthusiasts to join them from campuses across South India. While working on cutting-edge technologies, candidates will get exposure to a global workforce. As part of a drive for top talent, SOTI is launching the South Indian Edition of its Next Gen Roadshow. The virtual roadshow will provide an overview of SOTI and information about available Fresher and Internship opportunities. For more information, visit soti.net/india.

Ultimate Kho Kho Announces Fixtures For Season 1 From August 14


* High-paced Kho-Kho action will be live telecast in Hindi, English, Marathi, Tamil and Telugu languages

As part of the opening day of Ultimate Kho Kho Season 1, Mumbai Khiladis and Gujarat Giants will be battling it out, followed by Chennai Quick Guns taking on Telugu Yoddhas on August 14. On Tuesday, the schedule for the inaugural season of the league was released.

Ultimate Kho Kho is promoted by the Chairman of Dabur India, Amit Burman in collaboration with the Kho Kho Federation of India. The first season of the tournament featuring six teams will take place in the Badminton Hall at Shree Shiv Chhatrapati Sports Complex, Mahalunge, Pune, Maharashtra.

With a tailor-made exciting format, the country’s first-ever franchise-based Kho-Kho league will present a visual spectacle for the fans as two matches will be played each day during the league stage of the tournament. The Live broadcast will start at 7 pm onwards.

Tenzing Niyogi, CEO of Ultimate Kho Kho, said, “We are looking forward to an exciting season of Ultimate Kho Kho with balanced squads on all sides. It’s going to be an entertaining 22 days for the Kho-Kho fraternity and sports enthusiasts. We aim to reach millions of fans across the country by broadcasting the action in regional languages in addition to Hindi and English. Based on the fabulous response we’ve received, we're confident viewers will enjoy the format."

On Independence Day, matchday 2, viewers will see Rajasthan Warriors and Odisha Juggernauts begin their league journey while clashing with Mumbai Khiladis and Chennai Quick Guns, respectively. All the teams will play twice against each other during the 30-match league stage, which will continue till August 31, with Top-4 teams progressing into the playoffs.

The Eliminator and Qualifier 1 will be played on September 2, while Qualifier 2 will take place on September 3. The final is scheduled for September 4.

Top-2 teams will fight in Qualifier 1, and the winner will directly enter the final. The Eliminator, on the other hand, will see competition between third and fourth-ranked teams for a place in Qualifier 2, where they will play the loser of Qualifier 1. The final will be played between the winners of Qualifier 1 and Qualifier 2.

A LIVE telecast of the Ultimate Kho Kho will be aired on Sony Ten 3 in Hindi and Marathi, Sony Ten 1 in English, and Sony Ten 4 in Tamil, and Telugu. It will also be Livestreamed on SonyLIV.

Tech Mahindra Announces Strategic Partnership With Soroco To Establish Task Mining Center Of Excellence


* Partnership to leverage AI & ML based process discovery and mining technology to drive digital transformation for customers

Soroco, the world’s first work graph company, has announced a strategic partnership with Tech Mahindra, a leading provider of digital transformation, consulting, and business re-engineering services and solutions. The partnership will establish a state-of-the-art Center of Excellence (CoE) to deliver an accelerated transformation program for business process management and managed services backed by intelligent automation and task mining. Tech Mahindra’s CoE will be located in New Delhi to support the evolving digital transformation needs of customers’ right from Discovery to Realization.

Together, Soroco and Tech Mahindra will support customers to develop a culture of continuous improvement, industry best practices, assets, and accelerators to provide a structured approach on-ground. While Soroco’s platform Scout will focus on task mining-led solutions, Tech Mahindra will assist with its implementation, and manage services around task mining practices.

Samson David, CEO, Soroco, said, “We are pleased to partner with Tech Mahindra, one of the leaders in digital transformation. At Soroco, we are building the world’s first work graph platform, a database of shared digital experiences emanating from our daily work. It provides near real-time insights into how work gets done on-ground, and helps enterprises in their transformation journey. Through this partnership, we aim to help organizations globally to be able to assess how work happens on-ground and make a profound impact on how people truly experience work.”   

Through the partnership with Soroco, Tech Mahindra will be able to leverage AI & ML based Process Discovery and Mining Technology to accelerate their transformation outcomes. Tech Mahindra’s Business Process Services has adopted an integrated automation practice that offers an advanced blend of intelligent automation and automation thinking with varied services such as automation consulting, opportunity assessment, tool selection, cost-benefit analysis, and RPA (Robotic Process Automation) roadmaps, among others to the customers.

“New technology shifts, consumer expectations, and challenging norms have put pressure on organizations to embrace automated digital methodologies. We look forward to our partnership with Soroco to accelerate our customers’ digital transformation processes,” said Birendra Sen, Business Head, Business Process Services, Tech Mahindra. “Our combined offering will further help to reduce overall operations costs, improve customer experience, drive better compliance, and improve working capital. Tech Mahindra’s Center of Excellence (CoE) will help this strategic partnership to jointly deliver an integrated automation practice that offers an advanced blend of Intelligent Automation and Automation Thinking.”

Tech Mahindra and Soroco will cater to global clients across industries, such as telecom, banking, manufacturing, automotive, retail & consumer packaged goods, and deliver comprehensive industry-leading capabilities to customers.

About Soroco 

Soroco is building the world’s first and most bleeding-edge work graph platform — a database of shared digital experiences emanating from our daily work. We are a deep tech company with ~40 patents. Our flagship product Scout, powered by the work graph, provides near real-time insights into how work gets done on the ground and helps enterprises in their transformation journey. The “work graph” unifies disjoint categories like Process Mining, Task Mining, user training, BPM, and RPA to provide a single source of truth. We have operations across the USA, Europe, UK, Singapore & India with a roster of Fortune 500 customers across 30 countries.

About Tech Mahindra

Tech Mahindra offers innovative and customer-centric digital experiences, enabling enterprises, associates and the society to Rise. We are a USD 6 billion organization with 151,000+ professionals across 90 countries helping 1224 global customers, including Fortune 500 companies. We are focused on leveraging next-generation technologies including 5G, Blockchain, Quantum Computing, Cybersecurity, Artificial Intelligence, and more, to enable end-to-end digital transformation for global customers. Tech Mahindra is the only Indian company in the world to receive the HRH The Prince of Wales’ Terra Carta Seal for its commitment to creating a sustainable future. We are the fastest growing brand in ‘brand strength’ and amongst the top 7 IT brands globally. With the NXT.NOW™ framework, Tech Mahindra aims to enhance ‘Human Centric Experience’ for our ecosystem and drive collaborative disruption with synergies arising from a robust portfolio of companies. Tech Mahindra aims at delivering tomorrow’s experiences today and believes that the ‘Future is Now’.

We are part of the Mahindra Group, founded in 1945, one of the largest and most admired multinational federation of companies with 260,000 employees in over 100 countries. It enjoys a leadership position in farm equipment, utility vehicles, information technology and financial services in India and is the world’s largest tractor company by volume. It has a strong presence in renewable energy, agriculture, logistics, hospitality and real estate. The Mahindra Group has a clear focus on leading ESG globally, enabling rural prosperity and enhancing urban living, with a goal to drive positive change in the lives of communities and stakeholders.

LTI Strengthens Strategic Collaboration With Microsoft On Various Technologies By 2024


* Plans to train more than 12,000 employees on various Microsoft technologies by 2024

Larsen & Toubro Infotech (BSE: 540005, NSE: LTI), a global technology consulting and digital solutions company has announced the expansion of its collaboration with Microsoft to focus on developing high-value cloud solutions for enterprises. As a part of this multi-year collaboration, LTI has launched a dedicated Microsoft business unit that develops and offers end-to-end digital transformation solutions.

Through this association, LTI will also train 12,000 professionals from its existing workforce on various Microsoft technologies by 2024. The main objective of this effort is to enable skill development of LTI employees that are a part of Microsoft unit and enhance their competencies across technologies like cloud, data, IoT and security.

Nachiket Deshpande, Chief Operating Officer, LTI, said, “LTI has a long-standing relationship with Microsoft as a strategic partner, service provider, and customer. Our reaffirmed partnership with Microsoft will enable us to innovate and offer 170+ distinct services to our joint customers. Additionally, we will also focus on training and upskilling of our talent pool that is a part of the dedicated Microsoft business unit, to empower them to meet changing business and market requirements.”

Siddharth Bohra, Chief Business Officer & Head of Cloud Business Unit, LTI, said, “Enterprises across the globe are increasingly embracing cloud, and LTI has made impressive strides in developing a multi-dimensional capability on Azure, to meet this demand. As part of this collaboration, LTI and Microsoft will jointly innovate, develop, and sell solutions to assist enterprises in acceleration of their digital transformation journeys.”

Julie Sanford, Vice President, Partner GTM, Programs & Experiences, Microsoft, said, “Through their new Microsoft Business Unit, LTI will be able to help customers implement cloud strategies and drive business transformation across industries and geographies,” said. “We look forward to working with LTI as they build new capabilities and deliver innovative solutions on the Microsoft Cloud.”

Through this association, LTI will attain the Solution Partner designation across all the Microsoft Solution Areas. LTI also has the following advanced specializations on Azure:

-         SAP on Azure: Validating the capability of implementing SAP solutions on Azure

-         Analytics on Azure: Demonstrating the expertise in delivering analytics solutions in Microsoft Azure

-         Windows Server and SQL Server: Expertise in migrating production workloads to Microsoft Azure

-         Modernization of Web Applications: Validating expertise in migrating and deploying production web application workloads, applying DevOps, and managing app services in Microsoft Azure

-         Kubernetes on Azure: validating capabilities in deploying and managing production workloads in the cloud using containers and managing hosted Kubernetes environments in Azure

-         Low Code Application Development: Expertise in building solutions using Power Apps.

-         The Data Warehouse Migration to Microsoft Azure: Validating expertise in analyzing existing workloads and performing ETL operations to migrate data to cloud-based data warehouses.

-         Cloud Security: Validates a means for your company to showcase capabilities to implement comprehensive security solutions across Azure, hybrid, and multi-cloud environments

-         Threat Protection: provides a means for your company to showcase proven, verifiable expertise in deploying Microsoft Threat Protection or Microsoft Cloud App Security workloads

-         AI and Machine Learning in Microsoft Azure: Validates capabilities on enabling customer adoption of Al and implementing Azure solutions for Al-powered apps.

LTI is an Azure Expert MSP Partner which demonstrates deep knowledge, extensive experience, and proven success in implementing specialized workloads such as Migration and Modernization, SAP on Azure, Data Analytics, Internet of things (IoT), Security, and Microsoft Dynamics 365.

About LTI:

LTI (NSE: LTI) is a global technology consulting and digital solutions Company helping more than 495 clients succeed in a converging world. With operations in 33 countries, we go the extra mile for our clients and accelerate their digital transformation journeys. Founded in 1997 as a subsidiary of Larsen & Toubro Limited, our unique heritage gives us unrivalled real-world expertise to solve the most complex challenges of enterprises across all industries. Each day, our team of more than 46,000 LTItes enable our clients to improve the effectiveness of their business and technology operations and deliver value to their customers, employees, and shareholders. Find more at https://www.lntinfotech.com 

UrbanGabru Launches First-Ever Made In India’ Painless Hair Removal Spray For Men


-The product comes with a unique formulation that offers a painless hair removal experience within 6 to 8 minutes.

Men's grooming brand, UrbanGabru announced the launch of India's first painless hair removal spray for men. The product comes in a foam-based texture that offers a painless hair removal experience and de-tan property that leaves the skin smooth and moisturised. The product is crafted for the Indian weather and perfected for Indian men's skin by a team of experienced Dermatologists.

The multi-usage hair removal spray is an extension of the brand's 'Upgrade Yourself' brand ethos. Its unique formulation contains aloe vera and lemon extracts. Aloe vera's natural ingredient has anti-inflammatory properties, which help to reduce dryness, fight skin ageing and lock skin moisture. The natural antioxidant-Lemon extract helps remove dead cells and clogged pores and targets even skin tone.

With well-researched ingredients, the product eliminates unwanted hair fast and effectively within 6-8 minutes. In addition, the convenient and hassle-free application can remove hair from the body and intimate areas.

Youtube Link of the ad: https://bit.ly/3J7Qfee

Speaking on the announcement, Hemant Raulo, founder UrbanGabru says, “Since the last few years, there has been an increased acceptance of male grooming and beauty products. As a result, men are becoming more comfortable indulging in personal care routines. We at UrbanGabru are driven with a deeper purpose to bring new and innovative products for men and normalise the views on beauty standards. Our hair removal spray for men has been one such innovation. It is an upgrade to the conventional forms of hair removal such as waxing, trimming, shaving, hair removal creams, etc. The product is designed for Indian men and aims to break the stigma around body hair removal and help men upgrade their hygiene and beauty care.”

Hero MotoCorp Sells 4.46 Lakh Units Of Motorcycles And Scooters In July 2022


Hero MotoCorp, the world’s largest manufacturer of motorcycles and scooters, sold 445,580 units in July 2022.

Signaling a steady sequential growth, Hero MotoCorp has sold 18,35,773 units of motorcycles and scooters so far (April-July) in FY’23. This is a double-digit growth of 24.1% over the corresponding period of FY’22, when the Company had sold 14,78,905 units.

The normal monsoon in most parts of the country, and the consequent agricultural harvest along with the upcoming festive season is expected to keep the sentiments positive and help build the momentum further.

In the first month of the second quarter, Hero MotoCorp launched the exclusive Rally Edition of its widely popular motorcycle Xpulse 200 4V and the latest edition of the iconic Super Splendor in Canvas Black Edition, which comes with the triple promise of Super – Power, Super – Mileage and Super – Comfort.

In the month of June, the company announced Hero Dirt Biking Challenge (HDBC) - the first-of-its-kind pan-India talent-hunt program by an OEM (original equipment manufacturer). HDBC is aimed at providing budding riders, enthusiasts and amateurs the much-awaited platform who want to pursue their passion in off-road racing and make a name for themselves in the field.

As part of the community welfare programs under the Company’s Corporate Social Responsibility (CSR) platform “Hero WeCare”, Hero MotoCorp launched an Agroforestry project for the people of Jahota village near Jaipur. As a part of this project in keeping with its long-term commitment to promote environmental development, more than 20,000 fruit-bearing trees will be planted and maintained for three years in partnership with 101 farmers in the village.

Hero MotoCorp inaugurated a Public Health Center (PHC) and a newly-constructed check-dam in Chandwaji village which is capable of holding more than 3000 cubic meters water. The check-dam will benefit the villagers by recharging ground water level and providing drinking water for their livestock.

In the month of June, Hero MotoCorp also handed over 1167 Hero Glamour motorcycles to West Bengal Police to enhance mobility of the police personnel in ensuring safety of women and prevention of crime in the state.

IIFL Home Finance Expands To Add Over 100+ Branches Nationwide


·         IIFL HFL disbursed over Rs 1,600 cr of home loan to over 7,300 beneficiaries in the state of Karnataka, since inception till date.

·         In the state of Karnataka, IIFL HFL facilitated over Rs. 29 cr to over 1,300 beneficiaries under the government’s CLSS PMAY (U).

·         Expansion conducted in 11 states including Andhra Pradesh, Telangana, Tamil Nadu, Maharashtra, Punjab, Rajasthan, Karnataka, Gujarat, Haryana, Uttar Pradesh and Madhya Pradesh, with presence in 16 states.

·         IIFL HFL targets growth in tier 2-3 cities to reach to the masses. Currently about 10% of business comes from these markets which the company targets to take to 18-20% over next few years.

·         IIFL HFL disbursed over Rs. 28,900 cr of home loan to over 166,765 beneficiaries since inception till date. Majority of them being first time home buyers hence aligned to ‘Housing for All’ mission by Government of India.

·         To enable buyers for owning their first home, IIFL HFL has so far facilitated CLSS subsidy to over 55,000 customers worth Rs. 1,300 cr.

·         To enable the MSME sector IIFL HFL has also introduced a product for the market under the Shakthi Loan which is secured against their properties to boost the ‘Make in India’ initiative. IIFL HFL has been supporting the MSME sector with over 40,000 loans.

·         IIFL HFL believes in not only providing finance for homes but also enable these affordable housing buyers with healthy and respectable choices, which IIFL HFL does by promoting green and affordable housing nationwide.

·         IIFL HFL is already undergoing a Technical Assistance program with Asian Development Bank (ADB).

IIFL Home Finance Ltd (IIFL HFL), India’s fastest growing digital first home finance company, expanded to add over 100 branches in Andhra Pradesh, Telangana, Tamil Nadu, Maharashtra, Punjab, Haryana, Rajasthan, Karnataka, Gujarat, Madhya Pradesh and Uttar Pradesh on August 1, 2022. With the expansion, IIFL HFL’s total branch network has expanded to 268 branches across 16 states till June, with the leading home loan entity aiming for a total of 350 branches by next financial year and 500 branches by FY 2025-26. The ambitious expansion by IIFL HFL aligns with the company’s focus on scaling up in FY 22-23 and coming years. IIFL HFL targets growth in tier 2-3 cities to reach to the masses. Currently about 10% of business comes from these markets which the company targets to take to 18-20% over next few years.

These branches will be focusing on IIFL Affordable Home Loan and Shakthi Loan Against Property, catering to first time home buyers and small business of the country, aiming to serve the underserved customers from the EWS/LIG section of the society. The company has disbursed over Rs. 28,900 cr of home loan to over 166,765 beneficiaries since inception till date. Majority of them being first time home buyers hence aligned to ‘Housing for All’ mission by Government of India.

The company offers loans through digital and paperless process, providing loan approval in just 25* minutes. While IIFL focusses on providing affordable home loan, they will now also offer IIFL Shakthi Loan which is a small ticket size Loan Against Property for small business owners such as, small grocery store owners, salon owners, vegetables vendors, small traders and agricultural ancillary owners. To enable the MSME sector, IIFL Shakthi is secured business loan to boost the ‘Make in India’ initiative. IIFL HFL has been supporting the MSME sector with over 40,000 loans.

IIFL HFL expanded and added 12 branches in the state of Karnataka. With the milestone, IIFL HFL’s domestic network has expanded to 24 branches in Karnataka. The existing branches provide employment to over 158 people in the state. The current disbursed home loan amount in Karnataka is Rs 1,600 cr to over 7,300 beneficiaries. IIFL HFL is one of the leading FIs to contribute towards CLSS PMAY-U. It facilitated over Rs. 1,346 cr of interest subsidiary to over 55,000 households nationwide. In the state of Karnataka, over Rs. 29 cr was facilitated to over 1,300 beneficiaries under the government’s CLSS PMAY (U).

With ’25 minute loan approval and Loan starting from Rs. 2 lakh only!’ as the main messaging, IIFL HFL launched its brand campaign for 100+ branch launch in 11 states across mediums such as print, digital, influencer marketing, OOH, Below the Line (including ATM, Auto Branding, etc) and Cable TV. The campaign commenced with a short and impactful video on digital platforms, and is targeted towards the deeper geographies of India, especially the EWS/LIG section. While the quirky and relatable video communication was conceptualised by the company’s creative agency The Minimalist, the campaign was designed internally by the Marketing Team at IIFL Home Finance. The campaign focusses on the two major offerings of IIFL HFL, Home Loan and Shakthi Loan Against Property.

At the momentous occasion, Monu Ratra (ED and CEO) said, “We are taking a giant leap towards financial inclusion, and our focus is to provide India’s potential home buyers and small business owners, from a specific LIG/EWS economic strata, easy access to affordable loans. Opening of these new branches will be our humble contribution to the nation’s socio-economic development”.

As a fintech housing finance company, IIFL HFL is dedicated to making its customers’ journey of loan process as seamless as possible; by leveraging its future-ready technology which offers 100% digital onboarding of its customers.

About IIFL Home Finance:

IIFL Home Finance Limited (IIFL HFL) is a wholly-owned subsidiary of IIFL Finance Limited. It is one of India’s leading housing finance companies and is a preferred choice for affordable home loan requirements. As of 31st March 2022, the AUM stood at Rs 23,617 crore of which home loan is 74% of the total with an average ticket size of Rs 16 lakh. The Return on Assets (ROA) for the period is at 3.5%. Through affordable home loans, IIFL HFL makes people’s aspirations of owning a home a reality, while emphasizing on supporting green buildings and projects that help society achieve inclusive sustainable development. The objective is to fulfill economic upliftment for EWS/LIG segments of the country. The company has adopted an asset light model by getting into Co-Lending arrangements that further helps to penetrate and expand in deeper markets of India. To make customer experience seamless the entire life cycle of housing loans is technology driven i.e., from origination to closure. The state-of-the-art IT infrastructure helps in reducing costs, real-time analysis of customer data, improving control and underwriting functions, while increasing customer reach and distribution capability. 

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