3i Infotech Launches Malaysia's First-Ever Zero Trust Sovereign Cloud

* NuRe 3i+ powered by Oracle, will provide both data and operational sovereignty   

3i Infotech (BSE: 532628, NSE: 3IINFOLTD), a global Information Technology company, has today announced the launch of NuRe 3i+ powered by Oracle, a first-ever Zero Trust Sovereign Cloud in Malaysia, which is slated to be a gamechanger in the way SMBs and enterprises embrace transformation. The Zero Trust Sovereign Cloud platform will have data and operational sovereignty built into it, providing compliance to businesses that aim to retain data within the country's borders. As a managed services provider, NuRe 3i+ powered by Oracle, will offer customers a full stack of cloud services across IaaS and PaaS, supporting cloud native applications, as well as mission- critical applications and performance intensive (HPC, GPU) workloads. 

NuRe 3i+ powered by Oracle, meet demanding data residency in Malaysia, security, and latency requirements. It offers industry-leading price-performance with significantly reduced operational costs while enabling customers with sovereignty requirements to run their workloads. It is also powered by NuRe Edge, a superior security design to offer zero-trust security for every user coming into sovereign cloud. It has all the services needed to migrate, build, and run IT, from existing enterprise workloads to new cloud native applications and data platforms. Built on a futuristic approach, the NuRe 3i+ Innovation Lab, will deliver a range of innovative solutions including advanced analytics, security services, integrations and extensions and a full range of app and DevOps services. 

With NuRe 3i+ powered by Oracle, verticals like Banking, Financial & Insurance services (BFSI), public and government sectors, healthcare, media, and entertainment can seamlessly migrate to it. NuRe 3i+ powered by Oracle, a Zero Trust Sovereign Cloud is complemented by the NuRe suite of solutions, which include NuRe Desk, NuRe Velocity & NuRe Campuslabs.  These growth initiatives headed by Sax Krishna, Chief Growth Officer at 3i Infotech, also comprise of the company’s Managed Cloud Service (MCS) offering which will include CloudOps, DevSecOps and FinOps, resulting in 60-70% process savings, 30%-40% cost savings and 100% compliant proactive security for customers. It will offer lower, predictable, and globally consistent pricing to optimize the way data moves in the modern enterprise and support hybrid architectures to migrate enterprise apps. The platform will also help deploy native cloud-native workloads, by empowering modern application development using technologies such as Kubernetes, Docker, SDKs & APIs.  

Speaking on this milestone launch, Thompson P Gnanam, Managing Director & Global CEO of 3i Infotech, said, “We have a longstanding relationship with Malaysia, which date back to two decades. It is one of the most important markets for us in the ASEAN region and one where we want to grow further. And, with NuRe 3i+ powered by Oracle, Zero Trust Sovereign Cloud, enterprises in Malaysia can now realize their cross-border trade and business goals. Businesses can now leverage an enterprise-grade cloud converged infrastructure that will bring business-critical workloads on the NexGen Oracle cloud platform with better ROI in the shortest possible time. We look to achieve at least 40% lower TCO than on-premises and competing clouds due to superior performance backed by SLAs, automated migration and lifecycle management and enhanced availability, security, and control.” 

In the wake of the NuRe 3i+ powered by Oracle, Zero Trust Sovereign Cloud launch, Malaysia, and Malaysia Digital Economy Corporation (MDEC) can further open newer opportunities to work, business and trade beyond geographical borders while staying true to data integrity and operational regulations of their country. This will create more local jobs, and business opportunities for enterprises and SMBs alike. It will create a roadmap for more 3i Infotech NuRe Parks to tap and train local talent on emerging technologies. 3i NuRe Parks in Malaysia will train and employ local talent for deployment across geo-borders, while remaining compliant with data and operational sovereignty, empowered by of NuRe 3i+ powered by Oracle, a Zero Trust Sovereign Cloud. 

Reflecting on the launch of two Digital embedded business offerings – NuRe Velocity and NuRe Campus labs, Sax Krishna, Chief Growth Officer, 3i-Infotech Limited, said “True Digital Transformation is synonymous with Cloud Adoption. SMB’s need access to business solutions that can accelerate their revenue, help enhance customer lifetime value and increase operational efficiencies. The launch of NuRe Velocity on NuRe 3i+ powered by Oracle, is designed for SMB’s and Enterprises to access AI & ML based digital solutions on a pay-as-you -go model. Similarly, NuRe Campuslabs, the best-in-class ERP for education solution, to unify and manage operations seamlessly in multi-user and multi-location campuses for private and public higher education institutions.” 

Speaking on launch and the paradigm shift it is likely to create within the industry, Nilesh Gupta, Chief Cloud Officer, 3i Infotech Limited, said, "This launch will truly open a world of opportunities for both nations. The rapid growth of cloud adoption over the past two years has seen it become ubiquitous. Enterprises have increasingly become reliant, while countries like Malaysia being at the forefront of data privacy and security compliance – with the use of our Zero trust sovereign cloud we cover data, technical and operation sovereignty with this launch. I strongly believe digital infrastructures and ecosystems cannot exist in silos and need to flourish through next-generation cloud-native integration, and this initiative is a step in that direction.”  

About 3i Infotech Limited 

Headquartered in Mumbai, India, since inception in 1993, 3i Infotech has been committed to driving business value across multiple industry verticals. 3i Infotech, today, has emerged as a leading name in propelling the current wave of digital transformation initiatives, with deep domain expertise across BFSI, Healthcare, Manufacturing, Retail and Government sectors. The Company has over 5000 employees in 30 offices across 15 countries and over 1000+ clients in more than 50 countries across 4 continents. With a wide range of IT services, 3i Infotech has successfully transformed business operations of customers globally. The Company has a strong foothold and client base in geographies like North America, India, Asia Pacific, Middle East and Africa, Kingdom of Saudi Arabia, and South Asia. 

Website: https://www.3i-infotech.com/ 

Kalyani Powertrain Ltd. To Drive Growth And Sustainable Development At Bharat Forge Ltd.

~Kalyani Powertrain Limited, Bharat Forge’s EV and Lightweighting arm is all set to supercharge growth and encourage sustainable development~

Kalyani Powertrain Limited (KPTL), a wholly owned subsidiary of Bharat Forge Ltd., is all set to drive the company’s vision for sustainable development, by investing in cutting-edge technologies. KPTL was founded in April 2021, imbibing Bharat Forge’s DNA of research and innovation. The product portfolio offered by KPTL includes a whole array of EV solutions for two-wheelers, three-wheelers, passenger cars, buses and trucks, ranging from providing selected sub-systems to complete electric powertrain solutions.  

Bharat Forge integrated all E-Mobility-related operations under Kalyani Powertrain Limited (KPTL), to develop greater synergy, with a cohesive strategy to offer industry-leading products and technologies that are cost competitive with a focus on net-zero emission transport solutions worldwide. Today, KPTL has formalized its E-Mobility strategy, keeping in mind the needs of both domestic and international markets and customers. KPTL has achieved great strides in Product Development across a variety of Power and Control Electronic systems in the EV space. To assure sustained growth with a long-term view, investments have been made in advanced e-Mobility technologies. BFL together with its subsidiary KPTL, has qualified for the Advanced Automotive Technology (AAT) product range under the Government of India's PLI initiative earlier this year.

KPTL is working on three different business verticals including the Re-Powering of Commercial Vehicles, especially goods carriers. There is a large scope to offset fossil fuel emissions and reduce costs for the middle mile transport vehicles, by repowering them with Electrified Powertrain.  KPTL’s purpose built Electric Powertrain solutions address such demand very efficiently and smartly. This will be followed by the manufacturing of various components and sub-systems such as DC/DC converters, EV transmissions and e-Axles, Traction Motors and Controllers, On-Board Chargers, Vehicle Control Units, to name a few.   Considering the prevailing challenges in the EV Start-up ecosystem in India, KPTL also offers White label manufacturing services for 2-Wheeler and 3-Wheeler start-ups which will enable them to smoothly ramp-up, to meet the demands of market volumes. Such services are already being offered to the 2-Wheeler start-up company, Tork Motors for its two-wheeler motorbikes.

Today, KPTL’s dedicated R&D and technology teams have developed expertise in relevant hardware, software, and integration for electric 2/3 Wheelers, Commercial Vehicles for Goods and Passenger transport, Passenger cars, and off-road equipment. Bharat Forge’s strategic investments in Tevva Motors, UK; Tork Motors, India; and REFU Drive GmbH, Germany has worked as a catalyst to drive innovation and superior results for KPTL.

Speaking about Kalyani Powertrain Ltd., Amit Kalyani, Deputy Managing Director, Bharat Forge Ltd. said, “We have a three-pronged play in the e-Mobility space. First is the India play – Low voltage 2W-3W supply chain. The second is the global light-weighting opportunity where we have made large investments. We expect to see large growth, which will start ramping up from 2023-24 and continue till 2030 and beyond. The third is the power and control electronic products, that are being developed between India, Germany and the US which will grow our business exponentially.  A complete suite of products will be offered with components, systems, and subsystems for CVs with GVW range between 3 to 14 Metric Tonnes.”

Through strategic investments and a dedicated team with experience in several sectors, KPTL has created considerable competence in clean and zero-emission transportation solutions. KPTL aims to create a society whose mobility demands are met sustainably. KPTL aims to create mobility solutions for various fleet operators that are Clean, Green and Economical.

About Bharat Forge

Bharat Forge Limited (BFL), the Pune based Indian multinational, is a technology driven global leader in providing high performance, innovative, safety critical components and solutions for several sectors including automotive, power, oil and gas, construction & mining, rail, marine, defense and aerospace. Having a transcontinental presence across 11 manufacturing locations, BFL, with the largest repository of metallurgical knowledge, offers full-service supply capability to its geographically dispersed marquee customers from concept to product design, engineering, manufacturing, testing and validation.

OPPO India Announces 'OPPO Inspiration Cup' – A Coding Hackathon For Students

OPPO India, a leading technology brand, has announced OPPO Inspiration Cup, a unique coding hackathon to recognise and empower the innovative minds in the country. Driven by the quest to find the best, this hackathon is designed to provide a platform for engineering students across India to showcase their coding skills. Introduced under the Genius+ program, the OPPO Inspiration Cup will bring together brilliant minds from the country and inspire them to develop solutions that can support communities for a better tomorrow.

Spread over 08 weeks across different stages of the hackathon, OPPO has collaborated with Hacker Earth, one of the leading hackathon platforms, to organise this coding challenge. Participants of this program will be challenged on innovation and problem-solving skills during this duration. The program aims to test students' coding skills, and winning members with will have a chance to intern with OPPO India R&D and win exciting prizes.

Commenting on this program, Mr. Tasleem Arif, Vice President, India R&D Head, OPPO India, said, "Innovation has been one of OPPO's fundamental principles; however, in doing so, we remain committed to capability building – of the nation and the people. OPPO Inspiration Cup is the quest for the best like-minded talent in the country who can develop creative solutions for real-time technical challenges. Our brand proposition, Inspiration Ahead, motivates us to further the cause of building innovative technology, and we will continue inspiring our young innovators for the same."

The OPPO Inspiration Cup Hackathon will comprise three rounds overall. Round one of the challenges will include a timed coding challenge that will recognise 100 individuals eligible to move ahead in the competition. The first-round winners will be announced on October 12, 2022.The winners will be given access to a micro-site which will lead them to the next challenge starting on October 15, 2022. The second round will be in a similar format, albeit more challenging. The winners for this will be announced on October 19.

OPPO has been at the forefront of empowering and mentoring India's youth through multiple initiatives. The Genius+ program from OPPO India is introduced to support engineering students with scholarship programs. Additionally, OPPO has collaborated with academicians to promote research in camera and image processing, battery, networks (5G), system performance, and Artificial Intelligence, among other areas. The brand is also running Elevate Program to promote creativity in the start-up ecosystem in India.

Registration for the OPPO Inspiration Cup is open now and students can apply till October 8, 2022. To register for the challenge or learn more about it, please visit the official OPPO Inspiration Cup website at https://www.hackerearth.com/challenges/competitive/oppo-inspiration-cup/

About OPPO Mobiles India Private Limited

OPPO is a leading global smart device brand. Since the launch of its first mobile phone - “Smiley Face” - in 2008, OPPO has been in relentless pursuit of the perfect synergy of aesthetic satisfaction and innovative technology. Today, OPPO provides a wide range of smart devices spearheaded by the Find and Reno series. Beyond devices, OPPO provides its users with the ColorOS operating system and internet services like OPPO Cloud and OPPO+. OPPO operates in more than 50 countries and regions with more than 40,000 of OPPO's employees are dedicated to creating a better life for customers around the world.

Honda Cars India Amaze Crosses “5 Lakh Cumulative Sales Milestone”

Honda Cars India Ltd. (HCIL), leading manufacturer of premium cars in India announced that its popular family sedan Honda Amaze has cumulatively sold 5 lakh units since its first introduction in 2013. The car, presently in its second generation version, holds a strong position in India’s entry sedan segment and enjoys a preferred brand status among personal buyers. Amaze is presently the largest selling model for HCIL accounting for more than 40% of company sales. Being an India centric product, the Made in India Amaze from Honda’s Tapukara plant in Rajasthan is sold in both domestic and export markets in different countries.   

Developed and Designed as “One Class Above Sedan” with its bold design, sophisticated & spacious interiors, outstanding driving performance, advanced features and safety technologies, the Honda Amaze has created a strong customer base of young and aspirational buyers. 

Speaking on the occasion Mr. Takuya Tsumura, President & CEO, Honda Cars India Ltd said, “It’s a proud moment for us to achieve 5 lakh sales milestone for Honda Amaze. We would like to thank our customers for the love and acceptance they have shown for the brand and to our partners for their continuous support. Honda Amaze is our strategic entry model in India and key pillar of our business. Its popularity and acceptance in both big and small cities is a testament that the premium sedan not only matches the customer needs, but also exceeds their expectations.” He further added, “It’s our endeavor to offer latest technology, class-defining products with outstanding comfort, safety and peace of mind. The success of Amaze is reflection of our commitment to the market and our customers.”  

The Honda Amaze is a contemporary sedan with striking bold design, elegant and roomy interiors, exceptional driving performance, cutting-edge features and safety technologies. Available in both Manual Transmission and CVT in Petrol with 1.2L i-VTEC engine and also Diesel with 1.5L i-DTEC engine, the Honda Amaze adopts the best of Honda's powertrains to achieve a perfect balance of performance and fuel economy. 

Strong Popularity across markets 

Honda Amaze has created a strong presence and acceptance across markets. The model’s current sales contribution from Tier 1 markets is almost 40% while Tier 2 & 3 combined contribution is around 60%. 

Young and Aspirational Buyers 

Honda Amaze is the entry model in Honda’s line-up. Currently, almost 40% of its customers are first time buyers as Amaze is a great choice as a first car offering status of a premium sedan and great peace of mind with Honda’s famed durability, quality, reliability, low cost of maintenance and 3 years Unlimited Kms warranty. 

Rising share of Automatics 

With the growing popularity of automatic transmission models among customers, the share of automatics in Amaze has also progressively increased from 9% at the time of initial introduction in 2013 to currently more than 30%.   

Fuel Mix trend 

In line with the strong market shift towards Petrol during the last few years, the petrol variants of the Honda Amaze also dominate the overall Amaze sales across the country. 

Sterlite Power Commissions A Critical “400kV transmission Line” In Gujarat Four Months Ahead of Schedule

* Transmission line to potentially evacuate ~1000 MW of renewable energy to the national grid 

* Significantly augment Gujarat’s power transmission capacity, taking the state’s installed capacity to 11200 MW  

Sterlite Power’s Mumbai Urja Marg Transmission Limited (MUML), successfully commissioned 400kV Banaskantha, Kansari and Vadavi Transmission line in Gujarat.  The high voltage transmission line will help in the evacuation of ~1000 MW of renewable power from the pooling station at Bhuj in northern Gujarat to the national grid. In addition to that, the transmission line, which has been commissioned 4 months ahead of schedule, will significantly augment the available power transmission capacity of the state; taking it from 9300 MW to 11200 MW.  

This critical transmission line, part of the larger Western Region Strengthening Scheme-XIX (WRSS-XIX) and North-Eastern Region Strengthening Scheme-IX (NERSS-IX), will also decongest the regional network by reducing the burden on existing transmission lines comprising 400kV D/C Banaskantha-Veloda, 400kV S/C Bhinmal-Zerda (Kansari) and 400kV S/C Kankroli-Zerda (Kansari). 

The state of Gujarat significantly contributes towards the renewable energy goals of the country. Against India’s renewable capacity of 90 GW, the state’s contribution stands at ~12 GW. On the back of its strong energy infrastructure, Gujarat aims to establish more than 67 GW of renewable energy by 2030.  

Manish Agarwal, Director & CEO, India Transmission Business, Sterlite Power, said, “We are happy to demonstrate our project execution capabilities by ensuring timely execution of this critical transmission line for the state of Gujarat. The transmission corridors are critical infrastructure for the nation given their importance in connecting the power surplus centres with the power deficit corners. Not only this, but success of transmission projects is also imperative to India’s RE vision as it is a critical enabler of RE integration into the grid.” 

Sterlite Power acquired the MUML SPV in June 2020 to execute this large inter-State transmission system project. The entire debt funding of ?2,070 crore for the project is provided by Power Finance Corporation Ltd (PFC).  

About Sterlite Power:  

Sterlite Power is a leading private sector power transmission infrastructure developer and solutions provider with a robust portfolio of 30 projects covering approximately 14,602 circuit Kms of transmission lines across India and Brazil. The Company has a portfolio of high-performance power conductors, extra-high voltage (EHV) cables and optical ground wires (OPGW). The Company provides bespoke solutions for the upgrade, uprate and fiberization of existing transmission infrastructure projects. Advancing the carriage toward a green energy-efficient future, Sterlite Power has an increasing focus on integrating renewable energy into the grid. It was the sponsor of IndiGrid, India’s first power sector InvIT, listed on Bombay Stock Exchange Limited and National Stock Exchange of India Limited. The Company was also recognised at The Economic Times Innovation Awards 2020 and is a recipient of awards from the International Project Management Association (IPMA).   For more details,  visit   https://www.sterlitepower.com 

Swaraj Tractors Crosses 20 Lakh Production Milestone; Rolls It Out At Mohali, Punjab

* Photo caption: Mr. Harish Chavan, CEO, Swaraj Division, M&M Ltd rolls out the 20th lakh tractor at the manufacturing plant in Mohali, Punjab.

* Reinforces customers’ trust & commitment of stakeholders in the Swaraj brand

Swaraj Tractors, part of Mahindra Group, one of the leading brands in the Indian Tractor industry, rolled out its 20th Lakh tractor from the company’s Plant in Mohali, Punjab on Tuesday. This milestone is a testament to the customers’ trust and confidence in the brand Swaraj.

Mr. Harish Chavan, CEO, Swaraj Division, M&M Ltd rolled out the 20th lakh tractor in a special ceremony attended by employees. Speaking on the occasion he said, “This achievement has further cemented brand Swaraj’s reputation of being reliable and one of the fastest growing brands in the domestic tractor market over the past few years. We are thankful to all our customers and stakeholders for their wholehearted support towards the growth of this brand.”

Since its inception in 1974, the first milestone of 10 lakh tractor production was achieved in 2013. Now within a span of just nine years, we have accomplished 20 Lakh tractor production in 2022, which is a testimony of the faster growth of the brand Swaraj. What makes this achievement more remarkable is the fact that this has come when the industry was going through unforeseen challenges due to the pandemic in the last couple of years.

Mr. Hemant Sikka, President, Farm Equipment Sector, M&M Ltd said, “This journey to reach the 20 Lakh production mark today has been challenging and exciting for us. We are happy that over the years Swaraj has been able to make a significant contribution to the lives of Indian farmers. Going ahead we look forward to providing more agri-based solutions and enabling mechanisation. This achievement is another stepping stone towards living our purpose of Transform farming and enriching lives”.

Swaraj manufactures tractors in the range of 15HP to 65HP and provides complete mechanisation solutions. The tractor major has also become a pioneer in horticulture mechanisation by recently introducing CODE by Swaraj, a multi-purpose farm machine. Currently, Swaraj has two fully functional tractor manufacturing plants, its own Foundry & R&D all located in Punjab, while another new manufacturing plant of Swaraj is also coming up in the state. 

About Swaraj

Swaraj Tractors a division of Mahindra Group is India’s second largest and fastest growing tractor brand. Established in 1974, based in Punjab, the grain bowl of India, Swaraj is a brand that is made by the farmer, for the farmer as many of its employees are also farmers. They bring real world performance and create an authentic, powerful product with assured performance and enduring quality, designed with one purpose – enabling the Indian farmer to Rise. Swaraj Tractors manufactures tractors in the range of 15HP to 65HP and also provides complete farming solutions.

Learn more about Swaraj Tractor on www.swarajtractors.com/

About Mahindra

Founded in 1945, the Mahindra Group is 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 to enable them to Rise.

Honeywell Organized Digital Youth Empowerment Summit 2022 In Association With ICT Academy

* Initiative aims to help facilitate smooth entry of students into the workforce

Honeywell Hometown Solutions India Foundation (HHSIF), the philanthropic arm of Honeywell, in partnership with ICT Academy organized the Honeywell Digital Youth Empowerment Summit 2022, which was attended by students from seven states. The objective of the summit was to facilitate smooth entry of graduating students into the workforce by enabling interactions between them and industry experts, including Human Resources (HR) leaders. Leaders from TCS, Tech Mahindra, Oracle, and Honeywell addressed the students at the summit.

This initiative is in continuation of the Honeywell Student Empowerment Program, which trains young men and women on advanced technologies such as cloud, big data, networking, robotic process automation, artificial intelligence, and machine learning skills to help prepare them for the future of work. The program is being driven by HHSIF in collaboration with ICT Academy.

Kunal Ruvala, President, Honeywell Technology Solutions, said “As a technology company, Honeywell believes in promoting STEM education among the youth. Our work with ICT Academy enables us to strengthen the country’s STEM ecosystem. Our priority is to advance the development of tech skills for the future, and Honeywell along with ICT Academy are training and nurturing young minds to join the workforce of the future.” 

Hari Balachandran, Chief Executive Officer, ICT Academy, said, “Providing a proper guidance for the graduating students for their transition into the working world is much needed. The summit is an initiative to develop the confidence, right attitude, and ability to showcase their unique talents that will help them to stand out among the peers. At the summit, industry experts and HR leaders enlightened the students on the techniques that soften their landing into the challenging corporate world.”

Pooja Thakran, Director, HHSIF, said “Honeywell’s commitment to cultivating and fostering CSR programs that make real, sustainable, and measurable impact on communities is paramount. This includes our initiative to establish centres of excellence for skill development in 50 colleges across the country. Honeywell has pledged Rs 10 crore in the first year to develop these centres that will benefit women and youth.”

The Honeywell Student Empowerment Program offers a globally recognized certificate that will benefit students from marginalized sections of society. HHSIF and ICT Academy have established 50 Centers of Excellence for Youth Empowerment in tier one and tier two cities across Karnataka, Tamil Nadu, and Maharashtra. This upskilling program will empower more than 15,000 students – half of whom are women – through the project cycle and provide job placements.

About Honeywell Hometown Solutions India Foundation (HHSIF)

Honeywell Hometown Solutions India Foundation (HHSIF) is a not-for-profit organization that deploys Honeywell’s corporate social responsibility (CSR) efforts in three critical areas: (i) Education, Skill and Research (ii) Holistic and Sustainable Community Development, and (iii) Humanitarian Relief.  HHSIF’s programs include Honeywell STEM Education for Youth, a skilling program for women and youth to build a future-ready workforce; Honeywell Model Village for holistic rural development; Honeywell Start-up Support Program for incubation in deep science; Honeywell Center for Advancing Girls in Science at Avasara Academy to promote STEM education among girls; and Honeywell COVID-19 relief.

About ICT Academy

ICT Academy (www.ictacademy.in) is an initiative of the Government of India in collaboration with the state Governments and Industries. ICT Academy is a not-for-profit society, the first of its kind pioneer venture under the Public-Private-Partnership (PPP) model that endeavours to train the higher education teachers and students thereby exercises on developing the next generation teachers and industry ready students. ICT Academy was started to meet the skill requirements of the industry and generate more employment especially in tier 2 and 3 towns, the rural parts of the country. Through its various initiatives, ICT Academy has been part of strengthening the India’s four important visions on Skill India, Digital.