Wednesday, January 18, 2023

KFintech Drives Digital Transformation And Innovation In The Financial Services Industry With AWS


KFin Technologies Limited (KFintech), a leading technology-driven financial services firm, today announced it is using Amazon Web Services (AWS), to help the asset management industry digitally transform and build new products, including interactive dashboards that use AWS machine learning to automatically look for investment patterns, including investor age and income, and identify new revenue streams.

Leveraging the depth and breadth of AWS capabilities, KFintech helps their clients digitally transform, providing the best business, program, and portfolio strategies to build the next generation of solutions in the capital market. For example, KFintech built a cloud solution serving initial public offering (IPO) information to investors across India, easily handling more than 100,000 investor requests for IPO information per second.

Sreekanth Nadella, MD & CEO, KFintech, said, “With AWS, we can accelerate digital innovation in every part of our business, building transformative technology to serve our clients and communities and provide them the best experience. Having worked with AWS for many years, I am confident that we will provide more business solutions driven by data and cloud that solve meaningful customer challenges.”

Puneet Chandok, president of Commercial Business, AWS India & South Asia (Amazon Web Services India Pvt. Ltd.), said, “KFintech leverages AWS to provide business and technology consulting services to its customers, helping them accelerate their cloud journeys. AWS’s breadth and depth of cloud services helps KFintech develop new capital market offerings, which support the digital transformation efforts of financial services organizations across India.”

About KFin Technologies Limited 

KFin Technologies Limited (“KFintech”) is a leading technology driven financial services platform providing comprehensive services and solutions to the capital markets ecosystem including asset managers and corporate issuers across asset classes in India and provide several investor solutions including transaction origination and processing for mutual funds and private retirement schemes to asset managers in Malaysia, Philippines, Singapore and Hong Kong. In India, [KFintech is the largest investor solutions provider solutions provider to Indian mutual funds, based on number of AMCs serviced as on January 31, 2022 and the largest issuer solutions provider based on number of clients serviced, as on January 31, 2022. KFintech is the only investor and issuer solutions provider in India that offers services to asset managers such as mutual funds, alternative investment funds, wealth managers and pension as well as corporate issuers and are one of the three operating central record keeping agencies  for the National Pension System  in India. 

KFintech is listed on the National Stock Exchange of India Limited and BSE Limited . The company is majority owned by funds managed by General Atlantic Singapore Pte. Ltd., a leading global private equity investor, is the promoter of the KFintech. 

For more information, visit the website: http://www.kfintech.com/ 

TECNO Introduces World’s First Retractable Portrait Lens In India With The PHANTOM X2 Pro 5G Launch


·         TECNO PHANTOM X2 Pro is the only smartphone brand to offer world’s 1st retractable 50MP portrait lens

·         Boasts of sustainability with the World’s First Renewable Fiber Back made of plastic bottles found in the Indian Ocean  (Applicable for Mars Orange colour)

·         Priced at INR 49,999, TECNO PHANTOM X2 Pro 5G would be available for pre-booking from 17th January 2023 on Amazon and retail touchpoints

TECNO, an innovative technology brand announces the India launch of PHANTOM X2 Pro 5G, featuring the world’s first retractable portrait lens. The PHANTOM X2 Pro 5G is an enhanced version of PHANTOM X2 5G launched early this month. While the latter was launched at INR 39,999, the Pro variant is being launched at INR 49,999. Launched globally last month, the introduction of the PHANTOM X2 series marks the brand’s entry into the premium smartphone segment. The smartphone’s pre-booking begins today and its first-ever sale would begin on 24th January 2023. Consumers can buy PHANTOM X2 Pro 5G from Amazon and retail touchpoints. 

Keeping its segment-first approach intact, PHANTOM X2 Pro 5G possess many firsts of the segment such as, the World’s first retractable portrait lens for pure optical bokeh; the world’s first MediaTek Dimensity 9000 5G chipset based on 4-nanometer fabrication and the world’s first moon-crated inspired camera design. The PHANTOM X2 Pro 5G variant also boasts of sustainability with the World’s First Renewable Fiber Back Cover in the Mars Orange variant, which is made from plastic bottles found in the Indian Ocean and has a 38% lower carbon emission.

Commenting on the new entrant of its flagship series, Arijeet Talapatra, CEO, TECNO Mobile India, said, “The premium segment, above 30K, is witnessing significant growth since 2022 and recorded its highest-ever growth rate of 12% for the period Jan to Nov 22 Vs 21. With that as the backdrop, we are creating an aggressive portfolio under the Phantom series, addressing these new-age consumer needs. With each Phantom product, we are further advancing our technology specifications while maintaining a balance of aesthetics and style. With the launch of PHANTOM X2 Pro 5G, we are offering World’s First Retractable portrait camera. The idea is to deliver premium experiences to more and more people for whom their smartphone is the primary gadget for professional photography on the go. Also as 5G is rolling out in different Indian cities and is playing a catalyst in driving effective telecommunications, this is the most suitable time for the smartphone players for bringing in a premium robust 5G-enabled smartphone provision.”

Key USPs of TECNO PHANTOM X2 Pro

·         World's 1st Retractable Portrait Lens for True Optical Bokeh

Exceptional 50MP+50MP+13MP Rear camera setup of Phantom X2 Pro provide purely Optical Bokeh with F1.49 ultra large aperture of retractable telescopic lens. Its 7P 50MP ISOCELL 3.0 sensor with 1.2µm Superlarge pixel of Primary camera clicks illustrative images and videos on every click. Wide P3 color Gamut, 3D-Lut and 7th Gen IMAGIQ 790 ISP produces brilliant photos on each click. Redifines your video shoot expertise with Super Hybrid Image Stabilization, Dual Video, Video Filters, Video HDR, Video Bokeh, 4K Time-lapse, 960FPS Slow Motion and  More. Its 32MP HDR Selfie Camera outperform in each selfies with many user attractive modes

·         Experience milestones of innovation with world's 1st 4nm Dimensity 9000 Processor

Dimensity 9000 means superior 5G speeds and next-gen multi-tasking ranging from brilliant gaming technology, professional grade imaging and videography to advanced AI and computing architecture. 4nm super power efficient Dimensity 9000 has all the features and the speeds and feeds to satisfy the most discerning tech enthusiast. D9000 has world's 1st ultra-Core Arm Cortex-X2 at 3.05GHz for immediate responsiveness in any app. Its HyperEngine 5.0 gaming technologies ensure users smooth gameplay without suffering connection drops, FPS jitter, input misses or gameplay hiccups. With 3GPP Release-16 standard 5G Modem technology, leading 3CC Carrier Aggregation (300MHz)

·         Extraordinary curved AMOLED display for truly brilliant vision

6.8"FHD+Flexible AMOLED with 8+2bit display produces more number of accurate colors and with P3 wide color gamut It provides vividly viewing experience. 120Hz Refresh rate and 360Hz Touch Sampling rate provide buttery smooth experience. Certified by TUV SUD A rating for 36month display fluency, to maintain the smoothness for 3 years as it was on day 1. This beauty beast is protected by segment leading Corning Gorilla Glass Victus for unparalled safety

·         Feel the new height of Speed with 12GB LPDDR5 RAM and UFS 3.1 256GB ROM

Phantom X2 Pro powers next generation applications with performance and efficiency of Its 12GB LPDDR5 RAM which additionaly expanded up to 5GB by its MemFusion 2.1 tech. LPDDR5 RAM provide 1.5x faster speed than previous generation RAM. Its 256GB UFS 3.1 Internal storage is perfect for high-capacity data processing

·         Extraordinary Uni-body Double Curved Symmetric Design

Phantom X2 Pro has the world’s first 3.5D Moon Crater Inspired Design for a slimmer Camera module. The design follows the dazzling stained glass process for a super-premium look and has AF Nano coating with CNC Metal middle frame for a sleek and intriguing look. Its 71° ergonomic golden grip angle design makes it easy to hold for longer durations.

·         Segment best 5160mAh High Capacity battery for mammoth usage

Phantom X2 Pro provides an exceptional power backup of 25 days of standby time and 23 hours of video playback time. Charge rapidly with the in-box 45W Charger of Phantom X2 Pro and in approximately 20 minutes of charging time one has a 50% battery charge.

·         Eco-friendly back panel in Mars Orange variant

The Mars Orange variant of PHANTOM X2 Pro has World’s First Renewable Fiber Back Cover, which is 100% recyclable, is made of48% eco-friendly material i.e., plastic bottles found in the Indian Ocean and has a 38% lower carbon emission. The texture of the same feels like silk.

Spartan Poker Announces “14th Edition Of India Online Poker Championship” With Highest Prize Pool Of INR 43 Crore


~ 142 action-packed events in IOPC featuring a total of 43 CRORE Guaranteed 

It’s time for all the poker enthusiasts to #DimaagBachaoPokerMeLagao as Spartan Poker arrives with the 14th edition of the India Online Poker Championship (IOPC) on 19th January 2023 with a colossal 43 CRORE Guaranteed prize pool, the largest in the history of Indian poker circuit. This edition of IOPC will be hosted on Spartan Poker, BlitzPoker, PokerHigh, PokerDaddy, and Myteam11. 

India Online Poker Championship (IOPC) is an 18-day contest kicking off on 19th January 2023 and wrapping up on 5th February 2023. It is packed with 142 remarkable tournaments and the prestigious 'Golden Crown' made of 18-carat gold and 0.6-carat diamonds. With heaps of Qualifiers and Freerolls on offer daily, fast-track your way to the big IOPC tournament tables.  

This edition of IOPC will also see the biggest-ever leaderboard in the history of Indian Poker, with a mammoth 1.5 Crore up for grabs! 

Speaking on the launch, Mr. Amin Rozani, CEO of Spartan Poker Group said,” We are ecstatic for the launch of our 14th edition of IOPC with the highest guarantee ever and witness millions of skilled individuals putting forth their A-game, win amazing prizes this year and have a boisterous time overall. The trust and confidence of poker-buffs over IOPC has been a driving force for online poker games in this country and I expect it to grow further as well” 

Spartan Poker has been a driving force for all poker enthusiasts since 2015 with IOPC starting from just 6.5 Lacs GTD which has shot up to 43 CRORE GTD this year indicating a massive increase in its popularity within the poker fraternity. Tens of thousands of participants are anticipated for the 14th edition of IOPC and it is set to be a magnanimous gaming event of the year. 

Tuesday, January 17, 2023

LG Electronics India Starts Local Manufacturing Of Premium SIDE BY SIDE Refrigerators With Investments Of. INR 200 Crore


·       Aligned with honorable PM Modi’s, Make in India vision, LG Electronics inaugurated Side by Side Refrigerator manufacturing line in Pune

·       LG is already manufacturing single door and double door refrigerators across facilities in Greater Noida and Pune

·       The new manufacturing line will help extend LG’s portfolio in manufacturing Side by Side Refrigerators

Aligned with the honorable PM Modi’s vision of Make in India and Aatma Nirbhar Bharat Mission (Self Reliant India), India's leading consumer durables brand, LG Electronics India, inaugurated local manufacturing line of SIDE BY SIDE Refrigerators in its Pune manufacturing facility. The new facility was inaugurated in the presence of Hyun Uk Lee-Global Refrigerator President- LG Electronics, Mr. Hong Ju Jeon-MD-LG Electronics India, Mr. Hyoung Sub Ji-Director-Home Appliances & Air conditioners-LG Electronics India & other senior dignitaries. With an investment of approximately Rs. 200 crore, the new facility equipped with advanced technologies and machineries, is set to manufacture the Side-by-Side Refrigerators in addition to Double-door and Single-door refrigerators. 

Located at Ranjangaon, Pune, the facility is spread across an area of 52.8 Acre. With an annual production capacity of 200K Side by Side Refrigerator units, this manufacturing expansion will play a key role in addressing growing consumer demand and extending the company's portfolio in the Indian market. Strengthening its position as the market leader in the Home Appliances category, this initiative will further boost the brand's product leadership. Pune facility also manufacture TVs, washing machines, ACs, and Monitors.

Speaking of the inauguration, Hong Ju Jeon- MD, LG Electronics India said, "With our presence in the Indian market for over 25 years, we have continuously served millions of satisfied consumers. Localization has been a key differentiator as we have continuously developed products based on Indian insights. We are fully committed to honorable PM MODI’s vision of MAKE IN INDIA. Last year we started manufacturing Windows inverter AC in India at NOIDA manufacturing facility, this year we are starting SIDE BY SIDE Refrigerator production in India LG Side by Side Refrigerator at Pune manufacturing facility, every year we are expanding our local production operations. With skilled workforce and cutting-edge technologies at our disposal, we are optimistic to cater to the needs of our consumers. We are investing approximately 200 crore in setting up this manufacturing line and will continuously strengthen our local operations. This expansion is a step forward in making Self-Reliant India, LG Electronics is fully confident to make India a strong manufacturing hub. We will be also exporting from this facility.”

LG Side by Side Refrigerator:  https://www.lg.com/in/side-by-side-refrigerators

About LG Electronics India Pvt Ltd               

LG Electronics India Pvt. Ltd. (LG Electronics), a wholly owned subsidiary of LG Electronics, South Korea was established in January 1997 in India. It is one of the most formidable brands in consumer electronics, home appliances*, HVAC, IT hardware. In India, LG Electronics has earned a premium brand positioning and is the acknowledged trendsetter for the industry. LGEIL's manufacturing unit at Greater Noida is one of the most eco-friendly units among all LG manufacturing plants in the world. The second Greenfield facility is located at Ranjangaon; Pune has the capacity to manufacture LED TVs, air conditioners, commercial air conditioning systems, washing machines, refrigerators, and monitors.

*Home Appliances include- Refrigerator; Washing Machine, AC, Water purifier, Microwave, Fan, Dishwasher & Air purifier

Eye injuries Of Road Accident Victims Need Prompt Attention In Trauma Wards: Experts


Road accidents account for significant percentage of eye injuries in the country, leading to vision loss in large number of patients, but these can be prevented by following simple precautions and safety measures while driving, eye surgeons from Dr Agarwals Eye Hospital in Bengaluru have said.  

Road accidents account for 34% of all cases of eye injuries reported in India.[1] Eyes are very sensitive, complex, and delicate organs which are prone to damage due to accidents and mishaps while driving.  

Said Dr. Mohanraj, Senior Consultant - Vitreo Retinal Services, Dr Agarwals Eye Hospital, Bengaluru: “Many types of eye injuries can occur in road accidents, depending on the nature of trauma. In casualty at our hospital, we see a range of injuries impacting the bones around the eyes, the eyelids, the cornea, the sclera, the iris, the lens, the retina, and the ocular nerve. There can also be conditions like bleeding into the eye, traumatic cataract or detachment of the retina. In severe cases, the eye can even rupture (open globe injury). Foreign bodies, both metallic and non-metallic, can get embedded on the surface of eye or even inside the eye, with devastating effects. Many of these are vision-threatening conditions.” 

Calling for more attention to eye injuries in emergency department of hospitals while attending to victims of road accidents, Dr. Mohanraj said: “When a road accident victim is brought to a hospital, eyes are often the last part of the body to be checked by trauma surgeons, as they focus on bodily injuries to save the patient’s life. However, it is important to get an eye checkup done by an ophthalmologist without delay, especially if the patient has suffered head trauma, as many eye injuries require immediate diagnosis and treatment. An ophthalmologist needs to be called immediately to the casualty if eye damage is suspected, even if the patient is in coma.”  

“We need a change in treatment protocol at casualty wards of hospitals so that eyes are given simultaneous attention as soon as the patient arrives. This is currently not happening. We need more awareness among doctors treating road accident victims so that eyes are given early attention for signs of damage by an eye trauma specialist,” Dr. Mohanraj added. 

Human eyes are very complex and so too are their injuries. These require expert care to reduce long-term disability and restore functionality of the eyes, said the doctor. “Eyelid tears need to be repaired as they are the main protective structure of the eyeball. Bony features around the eye are treated depending upon the severity of damage. The tears of the coats of the eye require closure to prevent infection and maintain integrity of the eyeball. The injury to lens in the eye can lead to traumatic cataract or dislocation. In such a case, the dislocated lens is fixed using a special glue. Bleeding into the eyes and retinal detachment need vitreoretinal surgery at a referral center,” the doctor added. 

Technology is so advanced today that if the center of cornea or retina and the optic nerve are not involved in the damage, the chances of restoring the vision of the patient are quite good, Dr. Mohanraj said, adding that prevention is always better than cure by following simple precautions and safety measures. 

“People should make full use of protective measures while driving, such as helmets with visors, seat belts, head rests and airbags. Try to wear glasses while driving, if possible. The common practice of placing a young child on the lap of a parent on the front seat of the car should be strictly avoided,” the doctor added. 

UST Receives Gold Recognition From Brandon Hall HR Tech Excellence Awards


* Recognition for Open Talent platform strategy marks UST’s tenth 2022 Brandon Hall Excellence Award

UST, a leading digital transformation solutions company, has won GOLD at Brandon Hall’s HR Tech Excellence Awards 2022 in the “Best Advance in Business Strategy and Technology Innovation” category. This recent win brings UST’s total Brandon Hall Awards to 10 for 2022. UST was recognized by judges for its use of Open Talent to accelerate UST’s internal HR digital transformation. 

UST’s innovative Open Talent strategy has allowed the company to attract the right talent at the right time to complete internal HR Transformation projects faster. As a result, UST saw an 83% reduction in time-to-market as well as an 81% reduction in the total cost of ownership as a result of these enterprise transformation project implementations. Furthermore, the approach also resulted in a superior employee experience as well as improved compliance and operational efficiency.

Impacting 30,000+ associates globally, the open talent platform talent strategy has proved to be compliant, secure, timely, and effective. Without the reimagination of its talent strategy for HR systems functions, these organizational initiatives would not have been completed in the fiscal year.

“The Open Talent platforms strategy helped us fill internal talent gaps rapidly and at a significantly lower TCO, reducing lead time from months to just days or sometimes even simply a few hours. Onboarding time was also greatly reduced thanks to the protocols and processes that UST has pioneered. I’m proud of this innovative solution and I am glad that we were able to help our internal stakeholders implement key employee-facing initiatives, which otherwise would have not been implemented,” said Justin George, Head of Talent Systems, UST.

“UST’s Open Talent strategy allows UST and our clients to gain a significant talent advantage by leveraging the freelancer talent ecosystem. While concerns over data security, privacy, intellectual property and confidentiality made it difficult for enterprises to leverage Open Talent at scale, UST’s unique approach solves these issues. Applying the playbook internally enabled us to unlock tremendous opportunities to accelerate our internal digital transformation,” said Vinod Kartha, VP Strategic Initiatives, UST.

UST will continue to advance groundbreaking digital transformation solutions that simplify operations for clients and internal stakeholders alike.

About UST

For more than 23 years, UST has worked side by side with the world's best companies to make a real impact through transformation. Powered by technology, inspired by people, and led by our purpose, we partner with our clients from design to operation. Through our nimble approach, we identify their core challenges, and craft disruptive solutions that bring their vision to life. With deep domain expertise and a future-proof philosophy, we embed innovation and agility into our clients' organizations—delivering measurable value and lasting change across industries, and around the world. Together, with over 30,000 employees in 30+ countries, we build for boundless impact—touching billions of lives in the process. Visit us at www.UST.com

Toyota Kirloskar Motor Expands Customer Reach With Inauguration Of Exclusive Toyota Genuine Parts Distributor


* Reinforcing its Customer First approach, appointment of Exclusive Toyota Genuine Parts Distributor ensures last mile availability of  Genuine Parts across the country

Toyota Kirloskar Motor (TKM) today announced inauguration of Toyota Genuine Parts Distributor, Vijaya Auto Drive in Bengaluru, Karnataka. As part of its commitment to  provide customers with genuine parts with highest quality in the market, Toyota will appoint 20 such Exclusive Toyota Genuine Parts Distributors by first quarter of 2023, aiming to cater to the needs of about 3000 retailers and garages across the country. Safety being of paramount importance for Toyota, the appointment of Parts Distributors will  further enhance convenience and availability of Toyota Genuine Spare Parts and Accessories thereby ensuring a safer drive.

The exclusive Parts Distributors will facilitate distribution of Toyota Genuine Parts and Accessories, to retailers, garages, and other outlets across the country. This channel will be working alongside Toyota Authorized Dealer Network and Toyota Part Connect (www.toyotapartsconnect.in)  online marketplace which will further enhance customer reach and convenience.

Commenting on the announcement, Mr. Tadashi Asazuma, Executive Vice President, Toyota Kirloskar Motor said, “Considering the core philosophy of Customer First, we are continuously striving to deliver best services at all customer touch points. With the  appointment of Vijaya Auto Drive at Bangalore we would like to reinforce our commitment to safety and availability of genuine parts as per market requirements. In addition, this initiative will amplify  customer experience by providing speedy service and strengthening customers confidence and trust in the brand thereby ensuring complete peace of mind.”

TKM currently has over 530 customer touch points and 20 Toyota Genuine Parts Distributors are being appointed in Delhi, Kolkata, Mumbai, Chennai, Bengaluru, Hyderabad, Cochin as well as in  Chandigarh, Karnal, Jaipur, Bhopal, Lucknow, Guwahati, Raipur, Patna, Pune, Ahmedabad, Vijayawada, Hubli and Madurai thereby servicing customers in both cities and towns and expanding its reach to remote areas.

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