Stellantis Further Expands Software Hub: Inaugurates New, New Software And Technology Center In Bengaluru

•             Stellantis achieves another milestone in India with new software office in Bengaluru, supporting Dare Forward 2030 strategic plan

•             New office is spread across 50,000 sq. ft. and will serve as the primary development site for the STLA SmartCockpit

•             Stellantis Software Hub in Bengaluru plans to hire approximately 500 people

Stellantis inaugurated today a new software center in Bengaluru, Karnataka, India. The new center will focus on the development of software and technological innovations crucial to the advancement of automobiles and mobility. In line with Stellantis CEO Carlos Tavares' vision of marking a new era for Stellantis in India and the long-term Dare Forward 2030 strategic plan, the new site is the Company's second global innovation center in the country.

The facility, spread across 50,000 square feet, will serve as the primary development center for STLA SmartCockpit – one of the three technology platforms that are key to the Company’s digital transformation strategy due to arrive in 2024 and deployed across the four STLA vehicle platforms. In addition, the Bengaluru center will play a crucial role in the development of AI and ADAS technologies for STLA AutoDrive. Additionally, the Base Software Development team in Bengaluru will support Base software platforms made with the Classic and Adaptive Autosar frameworks.

The new center was launched by Yves Bonnefont, Chief Software Officer at Stellantis, together with the Stellantis India top management team. The Bengaluru office will house state-of-the-art labs, including a next-generation acoustic lab, which is tasked with the development of specific audio signatures as well as premium audio experiences for Stellantis vehicle owners worldwide. The establishment of the new digital hub as a key contributor of change for a sustainable tomorrow is a robust demonstration of Stellantis’ unabated dedication to facilitating the global mobility sector’s digital transformation.

“Stellantis is proud to contribute to the age of software-defined vehicles,” said Yves Bonnefont, Stellantis Chief Software Officer. “As a global organization, we are committed to fostering talent across geographies. The Indian tech talent and its innovative startup ecosystem are important to accelerating Stellantis’ transformation to a sustainable mobility tech company. India plays a key role in Stellantis’ digital approach and development.”

Stellantis has accelerated the hiring process for the new center that will eventually employ some 500 people. In addition to leveraging multi-pronged hiring strategies, the Company is investing in the upskilling and reskilling of local talent to help empower them to take on global assignments.

The new innovation and development center in Bengaluru will further help nurture Indian expertise in the software and technology sector and give us the opportunity to wield such proficiency in global markets. The company is also collaborating with Indian universities to explore the development of industry-specific curricula and support ongoing expansion.

Stellantis’ software-driven strategy deploys next-generation tech platforms, building on existing connected vehicle capabilities to transform how customers interact with their vehicles and to generate €20 billion in incremental annual revenues by 2030.

In addition to the Software Hub, Stellantis in India is also represented by two iconic automotive brands – Jeep and Citroën offering a wide range of cars for domestic as well as export markets.

Manipal College of Pharmaceuticals Sciences Organises Their First-Ever Model United Nations For Students

* The first Model United Nations was held on the 15th of October 2022 at Manipal, with the World Health Assembly as its committee.  

I* t was organised by Manipal Association of Pharmacy Students (MAPS) based at Manipal College of Pharmaceutical Sciences, Manipal 

* “Disease Control in Humanitarian Emergencies” was the agenda to be resolved. 

Manipal Association of Pharmacy Students (MAPS), International Pharmaceutical Students’ Federation (IPSF), based at Manipal College of Pharmaceutical Sciences, Manipal held their first ever Model United Nations (MUN) with the World Health Assembly as its committee on the 15th of October 2022 at Manipal. 

The agenda to be resolved for the MUN was “Disease Control in Humanitarian Emergencies”. The event provided the students an opportunity to voice out their opinions on global health and advocate for the betterment of public healthcare. It was a unique opportunity for the students of MAHE to gain in-depth knowledge in diplomacy and leadership skills. 

Over 150 delegates from MCOPS and other MAHE institutions participated in the event. It was inaugurated by Chief Guest Mr S P Kar, Director, Directorate of PR, Media & Social Media - MAHE . Dr. Vasudev Shenoy, Assistant Vice President, Navitas Life Sciences was the Guest of honour. Other dignitaries present included Dr. C Mallikarjuna Rao, Principal, Manipal College of Pharmaceutical Sciences (MCOPS), Manipal, Dr. Anup Naha, Professor MCOPS and Dr Srinivas Hebbar along with other officials. 

Speaking about the event Chief Guest Mr S.P. Kar Director, Directorate of PR, Media, and Social Media, MAHE said “Events like this Model United Nations organised by MCOPS provide an opportunity to bright young minds to develop leadership qualities and critical thinking skills. The youth are the catalyst of change in any country. Playing the role of delegates from different countries in the MUN gives them an excellent platform to voice their opinion on real world issues like betterment of the Healthcare system” 

Guest of honour Dr. Vasudev Shenoy, Assistant Vice President, Navitas Life Sciences said “I am glad to see such enthusiastic participation from the students in the first ever Model United Nations held by MCOPS. It was heartening to see insightful discussions on the improvement of healthcare amongst the youth. There was great display of confidence in public speaking, debating and teamwork from the participants” 

Dr. C Mallikarjuna Rao, Principal, MCOPS said “The efforts of Manipal Association of Pharmacy Students, International Pharmaceutical Students’ Federation to organise this Model United Nations have been commendable. We congratulate them on successfully conducting this event and providing a great platform for the participants to discuss a critical issue like “Disease Control in Humanitarian Emergencies”  

The Manipal Association of Pharmacy Students (MAPS) is an official body constituted at MCOPS, for the students to look into the various activities during the academic year. It is the only pharmacy student association in India to have full membership of International Pharmaceutical Students Federation (IPSF). 

The Model United Nations was supported by Centre for Pharmaceutical Skill Development, MAHE and pharmaceutical companies like Biophore, Hyderabad and Group Pharmaceuticals, Bengaluru. 

Muscle & Strength India Enters Punjab Market With Store Launch In Ludhiana

Muscle & Strength India, one of the country’s leading retailers of fitness supplements & nutritional products has launched its store in Ludhiana, Punjab. Renowned Fitness Model and Influencer Mohmmad Iqbal inaugurated the store located at Urban Estate Dugri, Ludhiana. Muscle & Strength India is looking to expand aggressively in the North India market through franchisee route as it seeks to deepen its presence in India's growing nutritional supplement space.

Muscle and Strength India, which currently has 23 stores spread across multiple cities has the widest range with over 1000 fitness supplements and nutrition products from 42+ brands. These products are used for athletic performance, fitness and overall wellness.

Muscle & Strength India is a leading brand in the supplements space today endorsed by celebrities and athletes like Mika Singh, Shreyas Talpade, and Tarun Gill amongst others.  The company offers a comprehensive range of genuine high-quality fitness supplements and nutritional products across categories such as proteins, vitamins, minerals and herbal supplements etc manufactured by international fitness brands under a single roof.

“Our unwavering commitment towards genuine and economically priced supplements and consumer-focused innovation has increased consumers’ trust in our brand. Our supplement chain has become the gold standard in this sector to provide genuine supplements for people across age groups. Apart from metros, we are also witnessing demand in the tier 2 & tier 3 cities where availability of latest, genuine and economically priced supplements is still a challenge. We aim to expand in the near future and further launch products in various variants, focusing on different health and wellness categories and segments.,” said Mr. Praveen Chirania, Founder, Muscle and Strength India.

“Ludhiana is an important city for us as it has a very large population who are serious about health, fitness and bodybuilding. With so many supplements stacking up on the shelves, genuineness is a questionable factor for all as there are a lot of fake, counterfeit products in the market. However, authenticity is a guarantee when you shop at Muscle & Strength India. Our aim now is to grow and invest consistently in the health and fitness industry over the next couple of years,” said Sangita Bora, Co-Owner at Muscle and Strength India.

“Maintaining good health and being fit is a modern-day need among all generations today. However, it is important to make the distinction between genuine and fake supplements and hence one should buy them from genuine dealers of reputed brands. Our ideal target audience are those who are interested in fitness and sports nutrition, gym-goers, sports enthusiasts, health gurus, health-conscious individuals, etc. We are happy to join hands with Muscle & Strength India who has become one of the fastest growing retail chains in the health supplement market in India.” said Randhir Sharma, Store Owner, Muscle and Strength India.

Muscle & Strength India had recently won the award for India’s Best Fitness Supplements Products Brand & Franchisor 2022 by Blindwink, renowned company for market research. In another feat, Insights Success recognized Mr. Praveen Chirania, Founder, Muscle and Strength India as one of India’s 40 Under 40 Brightest Business Leaders for his exemplary leadership and exceptional business acumen enabling advancements in the industry.

LTI Constant Currency Revenues Grow 21.6% YoY; Net Profits Up 23.2% YoY

Larsen & Toubro Infotech (BSE code: 540005, NSE: LTI), a global technology consulting and digital solutions company, announced its Q2 FY23 results today.

In US Dollars:

Revenue at USD 601.0 million; growth of 3.6% QoQ and 18.1% YoY

Constant Currency Revenue growth of 4.6% QoQ and 21.6% YoY

In Indian Rupees:

Revenue at INR 48,367 million; growth of 6.9% QoQ and 28.4% YoY

Net Income at INR 6,798 million; growth of 7.2% QoQ and 23.2% YoY

“We are happy to report 21.6% YoY revenue growth in constant currency. We remain excited about the proactive conversations we are having with our customers and see increased traction in the cloud and analytics space. The strength of our pipeline and our sustained net headcount addition will continue to fuel our growth”

- Sudhir Chaturvedi, President Sales & Executive Board Member

“We are happy to be on the last leg of the approval process for the LTI Mindtree merger and are most likely to combine forces by the end of this calendar year. The merged company will bring together complimentary portfolios and a large customer base creating extraordinary value for all stakeholders.”

- Nachiket Deshpande, Chief Operating Officer & Executive Board Member

Recent Deal Wins

-          Selected by a leading health care system based in North America as strategic partner for transformation programs involving cyber security, clinical experience, enterprise data management, governance and digital business technology

-          Chosen by the provider of consultancy and IT solutions to an international organization involved with global conflict resolution and humanitarian assistance, to transform their digital solution landscape

-          Selected by a Global Fortune 500 multinational information technology company to design and implement SAP and data solutions to improve business KPIs. LTI will also provide consulting and architectural guidance to build a technology roadmap

-          Selected by a manufacturer of vertical transportation systems to operate and transform their global JD Edwards solution

-          A leading provider and manufacturer of heating and cooling solutions and equipment has chosen LTI as its partner for one of its largest and most complex ERP transformation initiatives at one of its plant locations

-          Selected by the newly formed division of a leading property and casualty insurer to implement Duck Creek solutions for their producer, policy and billing functions and to ensure data analytics and insights

-          Chosen by a leading petrochemical company for a managed services deal involving outsourcing of support operations for their enterprise applications by streamlining processes and building efficiencies through transformation initiatives

-          Selected by a global bank for a digital testing deal to support its digital transformation initiatives

-          Selected by a Global Fortune 500 company and a world-wide leader in beauty and cosmetics to deliver digital integration of existing applications with their new core S/4 solution

-          Selected by a leading media & entertainment major to implement a new buying & invoicing system and enable related procurement processes and solutions to integrate with existing SAP applications

-          A refinery and petrochemical company has selected LTI for an end to end outsourcing and managed services deal resulting in improved efficiency, lower costs, better customer experience and compliance with National Cyber Authority requirements

Analyst Recognitions

-          LTI Positioned as a Major Contender and Star Performer in Everest Group's SI Capabilities on AWS PEAK Matrix Assessment 2022

-          LTI named as a ‘Leader’ in ISG Provider Lens™ Enterprise Service Management Service & Solutions 2022 quadrant report (ESM Consulting Services quadrant for US)

-          LTI recognized as an Honorable Mention in the 2022 Gartner® Magic Quadrant™ for Public Cloud IT Transformation Services

-          LTI Positioned as a Major Contender and Star Performer in Everest Group's SI Capabilities on Azure PEAK Matrix Assessment 2022

-          Fosfor Aspect recognized in Forrester Report : Ten Lessons From Intelligent Document Extraction And Processing Use Cases

Awards & Other Business Highlights

-          LTI has been certified as a water-positive company based on a third-party audit

-          LTI Wins Golden Peacock Award for Risk Management 2022 in the IT services and consulting category

-          LTI is a Great Place to Work Certified in Poland

About LTI

LTI (NSE: LTI) is a global technology consulting and digital solutions Company helping 500 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 50,000 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 http://www.Lntinfotech.com or follow us at @LTI_Global.

Birlasoft Partners With Coursera To Further Enhance The Established Technical Skills of More Than 12,500 Employees

Birlasoft Ltd [BSE: 532400, NSE: BSOFT], part of the USD 2.8 billion diversified CK Birla Group, and a global enterprise digital and IT services company, has announced a partnership with Coursera, one of the largest online learning platforms in the world, to further enhance the established technical skills of more than 12,500 employees, broadening their knowledge base. 

Birlasoft has always remained committed to enabling its employees to grow in their careers. Learning forms an integral part of Birlasoft’s core values. Birlasoft believes in cultivating a culture of continuous learning, aligned with the changing business environment. The partnership with Coursera is a step towards creating an ecosystem where employees feel encouraged to learn through structured interventions that cover skills related to technology, behavioral competencies, industry domains, and leadership capabilities. Through Coursera, the employees will build critical digital capabilities with a focus on niche skills aligned with the requirements of the enterprise.

Coursera partners with more than 275 leading universities and companies to bring flexible, affordable, job-relevant online learning to individuals and organizations worldwide. It offers a range of learning opportunities—from hands-on projects and courses to job-ready certificates and degree programs.

With this collaboration, all the employees of Birlasoft, will have complete access to Coursera’s library of more than 9,000 courses and Guided Projects. In addition, Birlasoft’s workforce will have access to programs directly from globally renowned industry educators and leading universities like Yale University, University of Michigan and INSEAD Business School, among others. The programs offered by Coursera on emerging technology and domain skills will enable Birlasoft employees to further enhance their knowledge on leading edge domains like Blockchain, Cloud, Internet of Things (IoT), AI/ML, Robotic Process Automation (RPA), Cybersecurity, etc.

Dharmender (DK) Kapoor, Managing Director, and Chief Executive Officer, Birlasoft, said, “Our aim is to nurture our people by engaging their minds, providing them with new challenges, and giving them the right opportunities to grow. We want our employees always to stay ahead of the skill curve and to ensure that we deploy various methodologies to enhance the learning experience and to provide targeted development.”

“Our partnership with Coursera is a step in the same direction. With the vast and updated repository of Coursera, our employees would learn even better to help our clients.” added DK.

"Businesses around the world are experiencing workforce disruption caused by the pandemic and the rapid pace of automation. These changes are increasing the need for employees to develop high-demand skills faster,” said Jeff Maggioncalda, Chief Executive Officer, Coursera. “We are excited to partner with Birlasoft to deliver high-quality content to their workforce and help them obtain the job-relevant skills needed to succeed in the new digital economy."

Birlasoft employees will also have access to various tools from Coursera like Skill Taxonomy, SkillSets, and LevelSets, which will enable them to determine their current proficiency in key business, technology, and data skills. This will help employees focus on the courses that aid them in developing required job skills while simultaneously measuring their skill proficiency.

About Birlasoft

Challenge The Norm

Birlasoft combines the power of domain, enterprise, and digital technologies to reimagine business processes for customers and their ecosystem. Its consultative and design thinking approach makes societies more productive by helping customers run businesses. As part of the multibillion dollar diversified The CK Birla Group, Birlasoft, with its 12,500+ professionals, is committed to continuing its 160-year heritage of building sustainable communities. For further information, visit www.birlasoft.com

About Coursera

Coursera was launched in 2012 by two Stanford Computer Science professors, Andrew Ng and Daphne Koller, with a mission to provide universal access to world-class learning. It is now one of the largest online learning platforms in the world, with 107 million registered learners as of June 30, 2022. Coursera partners with over 275 leading university and industry partners to offer a broad catalog of content and credentials, including Guided Projects, courses, Specializations, certificates, and bachelor’s and master’s degrees. Institutions around the world use Coursera to upskill and reskill their employees, citizens, and students in many high-demand fields, including data science, technology, and business. For more information, visit www.coursera.org.  

Jaro Education Collaborates With IIT Madras Pravartak Tech Foundation, Strengthen Government’s Vision To Up-Skill Professionals

IITM Pravartak Technologies Foundation, which is the technology innovation hub (TIH) of IIT Madras, inks a strategic partnership with Jaro Education, India’s most trusted online higher education company, to launch new-age technology-related programmes for mid-to-senior-level working professionals to advance their careers in the field of technology.

IITM Pravartak, funded by the Department of Science and Technology, Government of India, is an Innovation Hub of Sensors, Networking, Actuators, and Control Systems (SNACS) prepares professionals for careers in SNACS technology and allied fields such as Data Science, Cyber Security, Cloud Computing, Machine Learning, Artificial Intelligence and many more. The overall mission of IITM Pravartak is to develop brilliant professionals, innovative entrepreneurs, curious young talent, and interested students by forging strong links between academia, industry, government, and international organisations.

The learners will have exposure to real-time case studies, live projects, cutting-edge tools, peer-to-peer learning experiences and many more. Moreover, top IIT faculty and leading Industry professionals will deliver these high-quality programs live. These programmes will also be supported by Jaro Education's exclusive career assistance services and Jaro Connect - The Networking Platform which allows learners to thrive beyond the horizon of limitless professional growth by leveraging existing quality networking opportunities and lifelong learning experiences.

Ranjita Raman, CEO of Jaro Education, said, “With India’s number 1 technical institute, known for its excellence in technical education, applied research innovation & entrepreneurship, we believe that industry-academia partnerships are critical for developing solutions and talent for the future in a fluid and rapidly changing environment. We look forward to working with some of the brightest talents in technology to create powerful and purposeful solutions that can drive impact through our collaboration with IITM Pravartak"

AI, IoT, autonomous robotics systems, and digital twins are driving the next industrial revolution. This collaboration will open up new opportunities for business partners to accelerate research and development in technology development, entrepreneurship development, human resource development, and international cooperation, resulting in an ecosystem for technology development and deployment.

Jaro Education is actively leveraging the government's vision to up-skill professionals to enhance their digital skill set and reach a new pinnacle of success. Recently, the Edtech pioneer collaborated with leading universities worldwide to balance a quality bucket of online executive education programmes catering to domains such as Marketing, Strategy, Operations & Supply Chain, Finance, Human resources, Information systems, Decision Sciences, AI & ML, and Healthcare Management.

Jaro Education has previously collaborated with leading institutes such as E&ICT IIT Guwahati, IIT Palakkad, IIM Ahmedabad, IIM Kozhikode, and IIM Nagpur, to name a few, as part of its expansion plan to provide the most comprehensive and world-class executive programmes helping working professionals advance their careers. The company believes in building long-term relationships with its partners to keep providing high-quality and affordable courses to enable new standards for professionals to climb the ladder at an unprecedented rate.

About IITM Pravartak

IITM Pravartak Technologies Foundation is a section 08 Company housing the Technology Innovation Hub on Sensors, Networking, Actuators, and Control Systems (SNACS). IITM Pravartak is funded by the Department of Science and Technology, Government of India, under its National Mission on Interdisciplinary Cyber-Physical Systems and hosted as a Technology Innovation Hub (TIH) by IIT Madras. IITM Pravartak Technology Innovation Hub focuses on new knowledge in the SNACS area through extensive and application-oriented research. IITM-PTF gladly takes the role of preparing young India for the next generation of world-class technologies. The NM-ICPS is a comprehensive Mission aimed at complete convergence with all stakeholders by establishing strong linkages between academia, industry, Government, and International Organizations.

About Jaro Education

Jaro Education is India's most trusted online higher education company. The Edtech firm, a pioneer in the executive education industry, was founded in 2009 by Dr Sanjay Salunkhe and has been profit-making since its inception and is self-funded. The company has been awarded the Edtech leadership award and the National best employer accolade by World HRD Congress in March 2022. The company aims to nurture entrepreneurs & working professionals from entry-level to C-Suite level in every field and industry by offering executive education programs that cater to their requirements. Having been recognised for changing the online education landscape in India, Jaro Education provides more than 50+ management, technology and techno-functional programs in collaboration with top reputed institutes. They facilitate the development of leadership and technology-based online programs for many leading Indian and global institutes like Imperial College Business School London, Rotman School of Management (University of Toronto), IIM Ahmedabad, IIM Kozhikode, IIM Tiruchirappalli, IMT Ghaziabad, IIT Palakkad and others. With its strong domain expertise and insight into executive education, Jaro Education has transformed the careers of over 3 lakh professionals in the last 13+ years through its 20+ learning centres across India.

For more information, visit https://www.jaroeducation.com.

Eupheus Learning Doubles Its Sales Team; Adding 300 New Members By 2023

* The home-grown Edtech firm is strengthening its on-ground sales team

* Around 316 team members as of FY 22, and it’s expected to expand to 600 in FY 23

Eupheus Learning, one of India's largest school-focused distribution platforms with a reach of over 20,000 schools, has announced mass hiring of employees across India, starting from executive to regional manager level. With these appointments, the company aims to expand its team in the top leadership, organically.

Currently, the company has a strength of 316 and plans to add 300 people across teams in this financial year. Out of the new 300 positions, Eupheus has closed around 150 hires already. Post this expansion, the home-grown EdTech’s total strength will grow to 600. According to the company, the new hires will join at the entry and mid-level to support the company's growth. Also, their current team composition comprises 25% of their associates having work experience of more than 16+ years, another 60% have work experience between 6-16 years.

Speaking about the workforce expansion, Mr. Sarvesh Srivastava, MD, and Founder of Eupheus Learning mentioned, “I am delighted to share that we are expanding and strengthening our Eupheus family. We are present in more than 110 cities via our sales team and even though we have stronger revenue realization from North and South, we are adding team members Pan India. The intention is to go deeper in existing areas and add up our representation in the under-represented territories as well.  We will be adding about 300 people across our teams in this financial year out of which we have already onboarded about 150 employees. We welcome them and look forward to chart on a growth-oriented path.”

Eupheus Learning recently announced the appointment of former Ratna Sagar’s director, Mr. Ashok Mohan Zutshi, as the Chief Advisory of the brand. In the last 12 months, the brand acquired two companies to offer its users a wide range of services, while strategically entering different school segments. The first firm, ClassKlap, opened Eupheus Learning's way to affordable private schools. Similarly, the second company, SchoolMitra, allowed the home-grown EdTech firm to offer 21st Century School OS, a school management operating system with a combination of content management, learning management, and ERP—on a single platform, making the lives of all stakeholders in the K-12 segment convenient.