“Consumers Are Now More Health Conscious And Financially Prepared, However Need To Be More Consistent In Following A Healthy Lifestyle"

* Aditya Birla Health Insurance Report Unveils India’s New Health Normal

·        85% of the population prefer cutting down on some luxury items and spend more on health insurance

·        89% of the respondents believe that mental health consulting should be included in their health insurance

·        35% believed that people were hesitant of reaching out to mental health experts because of the cost implication

·        84% of people believe their awareness of health and wellness-related issues has increased post-COVID

·        More than half of the respondents (52%) in our survey claim to have set aside money to use in case of medical emergencies.

·        Nearly one in every three respondents (32%) admit that they do not monitor health stats regularly, such as weight and blood pressure

Aditya Birla Health Insurance Co. Limited. (ABHICL), the health insurance subsidiary of Aditya Birla Capital Limited (ABCL), a significant non-bank financial services conglomerate, unveiled The New Health Normal report. As a key player in the health ecosystem in India, ABHICL undertook the survey, designed to identify the key changes in consumer behavior from a health perspective. This research was conducted with 6600 respondents across 19 key cities covering the length and breadth of India.

The rise in uncertainty and anxiety that came hand in hand with Covid-19 has brought a strong focus on the issue of mental health. The report shows that two out of three respondents still feel hesitant in reaching out to an expert to talk about their mental health because of cost implication and society’s perception whereas 89% of the respondents believe that mental health consultation should be included in their health insurance.  Hence, there is an urgent need to increase awareness on mental health. The insurance sector is now getting actively involved as the scale of mental health issues in the ‘New Normal’ has never been bigger.

Speaking on the findings of the research, Mr. Mayank Bathwal, CEO, Aditya Birla Health Insurance, said, “Due to the pandemic, in the ‘New Health Normal’, people are realising the importance of a health-focused lifestyle and are actively seeking avenues that can support this healthy lifestyle – both online and offline. It has impacted their behavior as well in many ways – the technology they use, how closely they monitor their diet, do they exercise regularly etc. However, as ever, adopting a new habit is a challenge for most, and the need of the hour is to motivate and encourage people to complete the last mile in their health journey.”

The survey findings further attempt to decode people’s view towards exercising. It shows that more than half of our respondents (50%) searched and watched online fitness videos whereas 69% of the respondents use wearables to check their health stats and to track their targeted number of steps. However, nearly one in every three respondents (32%) admit that they do not monitor health stats regularly, such as weight and blood pressure. Another interesting revelation was the attention among people toward financial preparedness. The pandemic has certainly changed the outlook toward financial readiness among people, especially regarding medical urgency.

Health insurance awareness has increased in the past few years and more people are investing in health insurance with each passing year. Around 52% of respondents said that they have estimated the requirement and planned for such emergencies. Whereas 78.5 % of Indians believe that are actively seeking an employer that insures their family’s medical expenses.

“As a brand, we, at Aditya Birla Health Insurance, believe in the concept of ‘HealthFirst’. We want our offerings to be aligned with the same idea as we constantly invest in the innovation and designing of new products which are backed by cutting-edge technologies.  Our aim is to reward our customers for practicing a healthy lifestyle and drive them to remain vigilant about their health,” Mr. Mayank Bathwal said.

The Covid-19 pandemic has brought about a drastic change in nearly every aspect of consumer behaviour. ABHI New Health Normal Report shows an evident behaviour transformation in the way Indians look at health and wellness. Consumers are more cautious about their overall health and more prepared for financial emergencies.

Atlassian Introduces New Jira Product Aimed At Aligning Business And Engineering Teams

* Provides tools for every step of software development and every team 

Atlassian Corporation Plc (NASDAQ:TEAM), a leading provider of team collaboration and productivity software and the maker of Jira, Confluence and Bitbucket, today unveiled three advancements to its Jira suite: Jira Product Discovery GA, Jira Work Management free with every Jira Software license, and new Jira Templates at ‘Unleash’, its first ever Agile and DevOps focused event in Berlin. 

Over 100,000 Atlassian customers rely on Jira to help them manage their work. With this launch, Atlassian now has products for every stage of the software development lifecycle. From ideation in Jira Product Discovery, to delivery in Jira Software and collaboration with business teams in Jira Work Management, to support and operations in Jira Service Management, the Jira suite offers a powerful set of connected, yet open, tools to help teams do their best work.  

The key products advancements of the Jira suite and their features: 

Jira Product Discovery is a new product ideation and prioritization tool that connects teams across engineering, sales, marketing and leadership so that they can build the right products, for the right customers at the right time. It makes it easy for great ideas to rise to the surface because the entire team - from sales, to design, to the CEO - can collaborate, add insights, vote for ideas, and contribute to the future success of the product. 

Jira Work Management is included with every new and existing Jira Software license for up to 35,000 users until March 2024 for free. Companies don’t need to spend on additional project management software because everything they need is already connected to the same industry-leading security that powers Jira Software. 

The new Jira workflow and toolchain templates designed by industry experts and Atlassian customers have all the workflows, permission schemes, and even automations and integrations already built-in. Jira templates are free for the entire Jira suite, including Jira Software, Jira Work Management, Jira Product Discovery, and Jira Service Management. 

Together, these announcements around Jira suite of products benefits teams across the entire company to accomplish great work and assists businesses to find, build, and deliver a winning experience for their customers. 

For more information, visit https://www.atlassian.com/blog/agile/atlassian-unleash-2023-agile-devops-jira-product-highlights. 

About Atlassian 

Atlassian unleashes the potential of every team. Our team collaboration and productivity software help teams organize, discuss, and complete shared work. Teams of more than 250,000 customers, across large and small organizations - including Bank of America, Redfin, NASA, Verizon, and Dropbox - use Atlassian’s project tracking, content creation and sharing, and service management products to work better together and deliver quality results on time. Learn more about our products, including Jira Software, Confluence, Jira Service Management, Trello, Bitbucket, and Jira Align at https://atlassian.com/. 

Polycab India Ltd. Announced As The Official Partner For Upcoming ICC Global Events In 2023

·         Polycab India Limited. will be a partner in all major men’s and women’s ICC events

Polycab India Limited. (Polycab), India’s leading electrical goods company with a consolidated turnover of INR 122+ billion in FY22, today, announced an official partnership with the International Cricket Council (ICC).

The partnership will include Polycab’s sponsorship of all major men’s and women’s ICC global events scheduled until the end of 2023, including the ICC Women’s T20 World Cup in South Africa, the ICC World Test Championship Final in the United Kingdom, and the ICC Men’s Cricket World Cup 2023 scheduled in India.

Polycab India has been a well-known brand in Indian households and this association with ICC will help the Company increase its brand visibility and awareness amongst more than 1 billion cricket enthusiasts across the world. Through this partnership, Polycab will aim to deepen its engagement with their existing and future customer’s and drive the message - ‘We Innovate for a Brighter Living’. All communication throughout the tournament will focus on it’s innovative, safe and energy efficient products, build customer and influencer awareness and engagement.

Mr. Nilesh Malani, President & Chief Marketing Officer, Polycab said: “It is a matter of great pride for Polycab, a reputed home-grown brand with presence in 60+ countries, to partner with the International Cricket Council. The game is a passion for millions of fans worldwide, and being driven by the same philosophy, we at Polycab understand the importance of connecting with our customers through their passion. We are delighted to partner with ICC to support cricket and together we will create a memorable experience for our patrons.”

Mr. Anurag Dahiya, Chief Commercial Officer, ICC said: “We are pleased to confirm that Polycab will be an official partner for ICC events up until the end of 2023. We look forward to collaborating with them on our upcoming events, as we deliver our vision of more fans enjoying our sport.”

As an official sponsor of ICC global events, Polycab is proud of the partnership and is thrilled to cheer for Team India along with all its trade, business partners and consumers.

About Polycab:

Polycab India Limited (Polycab) is India’s largest manufacturer of Wires and Cables and one of the fastest growing FMEG companies with a consolidated turnover of INR 122+ billion in FY22. Polycab is at the forefront of providing innovative, safe and energy efficient products to a diverse set of customers via a strong distribution network of 4,600+ authorized dealers and 205,000+ retail outlets. Polycab’s business operations span across India through 25 manufacturing facilities, 15+ offices and 25+ warehouses. Polycab has also served customers in 60+ countries globally. Polycab’s 4,400+ employees are dedicated to upholding robust governance practices, preserving a customer centric culture, having a purpose to serve the communities, and imbibing a genuine sense of ecological consciousness. For further information, visit www.polycab.com

Renault India Introduces The All New 2023 Range Complaint With BS VI Step 2 Emission Norms

* Achieves the transition to BS VI Step 2 emission norms ahead of the deadline 

* Enhanced safety with the addition of Electronic Stability Programme (ESP), Hill Start Assist (HSA), Traction Control System (TCS) and Tyre Pressure Monitoring System (TPMS) as standard features on all cars 

* Renault KWID Becomes Even More Accessible For Customers, With The Launch Of The New RXE Variant At An Attractive Pricing 

Renault, the leading European brand in India, has upgraded its entire range including KIGER, TRIBER and KWID to meet the new BS VI Step 2 emission norms, reflecting Renault’s commitment towards environment friendly vehicles. The new BS VI Step 2 compliant range will also offer enhanced class leading safety features. 

With the implementation of the second step of BS VI, all Renault cars will be equipped with a self-diagnostic device. The device will constantly monitor the vehicle’s emission levels while driving, along with other critical emission devices such as the catalytic converter and oxygen sensors.  

According to Venkatram Mamillapalle, Country CEO & Managing Director, Renault India Operations, “Renault India remains committed to Government of India’s vision for clean and green environment. The launch of new BSVI Step 2 compliant petrol engines across the range will ensure substantial reduction in emissions, thus contributing to a safer and cleaner environment.” 

“Safety is of paramount importance to us and the introduction of new class leading safety features in our new 2023 range further reiterates our commitment towards offering products that can deliver the highest global standards of safety, accessible to Indian customers,” he added. 

Renault’s leading product line-up - KIGER, TRIBER and KWID boasts of the class leading safety features, introduced as part of the upgrade. Both Renault KIGER and TRIBER have set benchmarks in safety with the 4-Star Safety Rating for Adult occupant conferred by Global NCAP, the foremost global car assessment programme. While Renault KIGER offers great performance and sporty drive, Renault TRIBER has been valued for the proposition that it offers in terms of outstanding quality, modularity, and attractive design with superior value packaging.  

Further elevating the safety quotient, the entire Renault range comes equipped with Electronic Stability Programme (ESP), Hill Start Assist (HSA), Traction Control System(TCS) and Tyre Pressure Monitoring System (TPMS) as standard features. While ESP and TC features provide vehicle stability and reduces accident risk, TPMS allows the driver to continuously monitor tyre pressures, and adjust accordingly, thus enhancing road safety and efficiency. The Hill Start Assist (HSA) included in the KIGER and TRIBER range along with specific KWID variants, ensures complete value to the customers.  

Renault KWID has redefined the entry segment in India led by its contemporary SUV-inspired design language offering best-in-class features and an economical cost of ownership. The value proposition of KWID is further enhanced with the introduction of the new RXE variant in 1.0L powertrain in MT version, competitively priced at INR 4.69 lakhs. The KWID range gets Turn Indicators on ORVM and Steering Mounted Audio & Phone Controls, offering enhanced passenger comfort. 

Renault TRIBER offers the best level seating space in all rows that can accommodate one to seven adults in comfort in less than 4 meters. It also offers one of the largest boot space of 625L in its category. The new Chrome Finish Exterior Door Handles along with the New Seat Upholstery on the 2023 range accentuates the attractiveness of the TRIBER range. 

The bookings of the new BS VI Step 2 compliant Renault range have commenced from today across all Renault authorized dealerships. 

Renault India is committed to Indian Government’s ‘Make in India’ vision. Renault has placed emphasis on having a strong local presence with its Chennai production plant, Logistics & Technology centre and Design studio. Renault KWID, launched in 2015 and manufactured with over 98% localization, truly epitomised the ‘Make in India’ ideology. Continuing with a strong focus on ‘Make in India’ philosophy, Renault India launched TRIBER in 2019 and KIGER in 2021. Both KIGER and TRIBER were conceived, developed, and produced in India, for Indian customers first, before they were taken globally, demonstrating the competence of India’s design, engineering, and world class manufacturing capabilities.  

LTIMindtree Achieves Guidewire PartnerConnect Program Specialization

LTIMindtree [NSE: LTIM, BSE: 540005], a global technology consulting and digital solutions company, today announced that it has achieved the Guidewire PartnerConnect Testing Standards specialization.

LTIMindtree is a Guidewire PartnerConnect Consulting partner at the Select level and works with Guidewire in North America and India. By recognizing its enterprise test solutions through the specialization, LTIMindtree will offer a winning edge to global insurance companies in their transformation journey using the Guidewire platform.

Specializations are regionally based and require partners to demonstrate skills, knowledge, and competency in a particular Guidewire product or solution area. The achievement of specializations enables insurers to have more clarity and insight into which partners have proven capabilities in a region or globally in the case of the Testing Standards specialization. In addition, partners with specializations can better promote their capabilities across Guidewire products and solutions.

“We congratulate LTIMindtree on achieving their most recent Testing Standards specialization within our PartnerConnect Consulting program. We are pleased to recognize their expertise and proven capabilities and look forward to continuing our work together to contribute to the success of our mutual customers,” said Molly Black, Senior Director, Partner Programs and Enablement, Guidewire Software.

David Althoff, Chief Business Officer, Insurance, LTIMindtree, said “LTIMindtree is excited to make continuous progress on building Guidewire capabilities. Our understanding of the insurance domain, experience with core admin platform transformation projects, and specializations in Guidewire Products will empower us to help insurers accelerate their transformation programs efficiently and predictably.”

About LTIMindtree

LTIMindtree is a global technology consulting and digital solutions company that enables enterprises across industries to reimagine business models, accelerate innovation, and maximize growth by harnessing digital technologies. As a digital transformation partner to more than 700 clients, LTIMindtree brings extensive domain and technology expertise to help drive superior competitive differentiation, customer experiences, and business outcomes in a converging world. Powered by nearly 90,000 talented and entrepreneurial professionals across more than 30 countries, LTIMindtree — a Larsen & Toubro Group company — combines the industry-acclaimed strengths of erstwhile Larsen and Toubro Infotech and Mindtree in solving the most complex business challenges and delivering transformation at scale.  For more information, please visit www.ltimindtree.com.

For more information on our insurance and Guidewire Services, visit: https://www.ltimindtree.com/industries/insurance/core-systems-modernization/guidewire/

CollegeDekho Wins Award At the Education Innovation Summit & Awards 2023

CollegeDekho, India’s largest higher education services ecosystem has won the award for the “Best Enrollment & Admissions Management Solutions of the Year” at the recently concluded Education Innovation Summit & Awards 2023, held in Bengaluru. After their win in the last year’s edition of the same awards in 2022, CollegeDekho’s positive impact on the higher education ecosystem and value proposition proved critical in ensuring this victory for a second consecutive time.   

Since 2015, CollegeDekho has guided over 85 lakh students while successfully ensuring 1.3 lakh admissions, across all its platforms. They began with a vision to create a globally trusted student guidance ecosystem. The company has a unique and innovative Common Application Form (CAF) platform where students can apply to multiple colleges with a single click. Students also benefit from CollegeDekho’s website which offers various information on more than 35,000 colleges and universities across the country. Along with its offerings for students, CollegeDekho also helps more than 1500 colleges with their student recruitment.  

On receiving the award for the category of ‘Best Enrollment & Admissions Management Solutions of the Year’, Ruchir Arora, CEO & Co-Founder, CollegeDekho, expressed his excitement and said, “We are delighted to receive this title twice in a row, which is a testimony of our hard work and goal-oriented vision to create a globally trusted student guidance ecosystem. This motivates us to continue our mission of guiding students from across the country on various higher education related choices that not only open avenues for their employability but also match their interest and capability.” 

In the past year, CollegeDekho has increased its workforce and made key additions to its senior leadership. The company also made strategic acquisitions which have enabled CollegeDekho to strengthen its existing offerings while opening up avenues to explore newer opportunities to positively affect the lives of students. The value proposition of the company has also led existing investors to double down on their investment by pumping USD 9 million into the company. 

Reliance Health Infinity Policy Offers Upto 7.5% Discount On Premium to Customers

In a move to reward customers for being financially fit, Reliance General Insurance Company Ltd. is offering as high as 7.5%* discount on insurance premiums to customers who have high credit scores and good credit report. Customers buying new or renewing their existing Reliance Health Infinity Policy can avail this unique benefit based on their good credit score. 

A good credit score indicates financial discipline of a customer. To encourage such disciplines and good financial habits, Reliance General Insurance has introduced the credit score-based discount.  

Reliance Health Infinity Policy also offers discount on premium basis Body-Mass-Index (BMI) to reward healthy living. Customers with Normal** BMI can avail discount on premium. 

Besides, the Company promotes preventive vaccination among its customers by offering 2.5* per cent discount on insurance premiums (on new policy and renewal**) to those who have taken the COVID-19 vaccines or Booster shot or even other vaccines like Human Papillomavirus vaccine or Pneumococcal vaccine. 

Reliance Health Infinity Policy comes with limitless benefits*; high sum insured up to Rs 5 Crores, features like MoreGlobal Cover*, Maternity Cover, OPD Cover, unlimited restoration of sum insured, and fifteen plus useful add-on benefits.