Herbalife Nutrition India Enters Eye Health Segment With Ocular Defense

In line with its commitment to nutrition and wellness, the global nutrition company, Herbalife Nutrition India, has entered the eye health segment with its new product, ‘Ocular Defense’.

The product comes in capsule format and is scientifically formulated to support eye health^. The product contains nutrients that help in maintenance of normal vision and helps in supporting macular health.

Ocular Defense contains a combination of lutein and zeaxanthin that is clinically proven to support the macular health of eyes and improves macular pigment optical density. Macula is the central portion of the retina which helps to clearly see the objects in front of you, and an eye's macular health can be indicated by its density measured as Macular Pigment Optical Density (MOPD). MPOD measures the concentration of carotenoids  (lutein, zeaxanthin- that help filter blue light) in the macular pigment of the eye. Blue light has a potential to cause retinal damage and MPOD is an indirect indicator of the ability of macula to filter high energy blue light. The density could also change over time depending on factors such as ageing, lifestyle, and dietary choices. 

Human eye has complex cellular connectivity and many molecules play a role in helping us with the normal visual process. Ocular Defense also contains vitamin A and zinc that helps in maintenance of normal vision and vitamins C, E and minerals including copper and zinc that have antioxidant properties. 

While commenting about this new product, Ajay Khanna, Senior Vice President & Managing Director of Herbalife Nutrition India, stated, “At Herbalife Nutrition India, we are constantly innovating to find new solutions to support health & wellness. The eye is a vital organ in the human body, and one needs to care for it. Ocular Defense is a scientifically designed formula,  containing a combination of lutein and zeaxanthin* that is clinically-proven to support macular health and contains nutrients that support maintenance of normal vision.”

^ maintenance of normal vision and helps improve macular pigment optical density (MPOD)

*Zeaxanthin content represents zeaxanthin isomers (RR-zeaxanthin and [RS]-meso-zeaxanthin)

#This product is not intended to diagnose, treat, prevent, or cure any disease. Pregnant or lactating women should consult their physician prior to use of this product. Not for medicinal use. Please see the product label for detailed information.

About Herbalife: 

Herbalife Nutrition (NYSE: HLF) is a global company that has been changing people’s lives with great nutrition products and a business opportunity for its independent distributors since 1980. The Company offers science-backed food products to consumers in 95 markets through entrepreneurial distributors who provide one-on-one coaching and a supportive community that inspires their customers to embrace a healthier, more active lifestyle. Through the Company’s commitment to nourish people, communities and planet, Herbalife Nutrition pledges to achieve 50 million positive impacts – tangible acts of good – by 2030, its 50th anniversary. 

ICICI Bank Signs MoU With BNP Paribas Across India & Europe

·         The MoU establishes a framework of partnership between the banks to meet the banking needs of corporate customers in India and Europe

ICICI Bank, a leading private sector bank in India, and BNP Paribas, a top European bank, have signed a Memorandum of Understanding (MoU) to cater to the banking requirements of European corporates operating in India and Indian companies in the European Union.

The MoU establishes a framework of partnership between the two banks for providing financial services to corporate customers operating in the India – Europe corridor.  

The MoU was signed at an event held in Mumbai by Mr. Anup Bagchi, Executive Director, ICICI Bank, and Mr. Grzegorz Marczuk, Chief Operating Officer, BNP Paribas India.

Speaking on the occasion, Mr. Anup Bagchi, Executive Director, ICICI Bank said, “We are delighted to enter into a partnership with BNP Paribas, one of the oldest foreign banks in India. As the fifth largest economy in the world and with a strong focus to become a regional manufacturing hub, India is at the forefront of leading the world growth in the near future. This makes India a very attractive destination for trade and foreign investment, with Europe ranking amongst the top regions investing in India. With our strong physical network across the country, world class digital offerings and comprehensive suite of corporate and retail banking products, we are confident that ICICI Bank will support BNP Paribas’ customers grow their business in India, and make India one of their key markets. Further, we will leverage BNP Paribas’ pan-Europe presence to support our corporate clients for any of their banking requirements across Europe.”

Mr. Sanjay Singh, Head of Territory & CEO, BNP Paribas India said, “We do see several Indian corporates emerging as global champions. Our partnership with ICICI Bank will support corporates’ expansion plans with a right mix of ICICI Bank’s robust domestic physical network combined with our deep global footprint. This alliance will further strengthen our commitment to supporting Indian corporates in their global journey and European corporate clients looking to expand their footprint in India.” 

About ICICI Bank: ICICI Bank Ltd (BSE: ICICIBANK, NSE: ICICIBANK and NYSE:IBN) is a leading private sector bank in India. The Bank’s consolidated total assets stood at Rs 15,21,748 crore at December 31, 2022.

For news and updates, visit www.icicibank.com and follow us on Twitter at www.twitter.com/ICICIBank

About BNP Paribas: BNP Paribas Group has been in India since 1860 and is among the leading international financial institutions providing a wide range of financial services covering corporate & institutional banking, and personal investment services for individuals. As the second oldest foreign bank in India, BNP Paribas has branches in key metros and has a rich and broad offering across the entire range of corporate and institutional banking products and services, covering flow banking (transaction banking), financing, hedging, global markets, derivatives and investments. Asiamoney has also accorded “Best International Corporate Bank for India” to BNP Paribas in 2022.

Lending Platform mPokket To Expand Its Workforce By March 2023

* The company’s mission is to empower India’s youth and promote gender diversity at work

Digital lending platform mPokket plans to expand its team strength by March 2023 across all verticals, as part of its mission to empower India’s youth and maintain its growth trajectory. The total number of employees at the Kolkata-based company stands at  2700 including employees at it’s Bangalore office.

Commenting on the hiring plans, Gaurav Jalan, Founder and CEO, mPokket, said, “As a leading digital lending player, our hiring is connected to either bolstering cutting-edge technology or fostering deeper customer relationships. The ongoing hiring is aimed at empowering young professionals from vast domains for a better future. The new pool of talent will support mPokket’s mission of making young India financially independent. Accordingly, it will augment business outcomes by creating positive product and digital experiences, besides improving our go-to-market efforts.”

The hiring strategy plans to onboard diverse young people for various positions, such as technology, product, data analytics, and digital customer expert. The technology recruitment is targeted at individuals skilled in SDET, Python, Android, Java, NodeJS, and DevOps. mPokket believes in building a positive work culture and fostering the intellectual development of employees.

Geographical diversity apart, mPokket has been promoting gender diversity at work. In the customer experience domain, leadership roles begin at Team leaders and higher levels. Here, the company comprises about 61 women leaders out of a base of 177 employees, which makes a total of 34% of the women workforce.

The company resonates with the ethos of inclusivity, people-driven work culture and a mission to empower India’s youth via employment generation and upskilling.

About mPokket 

An Instant Loan App that provides loans to college students and young working professionals, mPokket was founded by Gaurav Jalan in 2015.  

Borrowers can avail of loans ranging from Rs 500 to Rs 30,000. mPokket’s business model is similar to credit card lending but it focuses on a segment that is ineligible for traditional loans yet requires instant funds. The loan is disbursed to customers instantly and credited to their bank accounts via smartphones within seconds. Based on this model, the mobile application seamlessly delivers credit anytime, anywhere. 

Nutanix Has Announced The Release Of A Starter Kit Bundle For Its Channel Partners Across India

The kit provides customers new to Nutanix the quickest and easiest way to get started with the Nutanix Cloud Platform. It includes Nutanix’s leading hybrid multicloud platform, integrated virtualization, and one-click management, along with deployment and migration services to accelerate time-to-value, and education vouchers to get IT staff the skills they need to maximize the value of their investment.

Harsh Vaishnav, Director Channels, Alliances and Ecosystem, India & SAARC, said the starter kit can be deployed on any hardware within the Nutanix hardware compatibility list or on supported public or service provider clouds.

“Having an all inclusive kit to support our customers helps them engage in an effortless manner,” Harsh said. We ensure our customers a seamless process when migrating to the Nutanix Cloud Platform.

Key features of the Nutanix Starter Kit Bundle include:

·            The Nutanix Cloud Platform: Nutanix Cloud Infrastructure Pro and Nutanix Cloud Manager Starter are included in the bundle. These provide rich data services, resilience, and management features with infrastructure AIOps, monitoring, planning, right sizing, and low code automation.

·            Deployment and Migration Services: Cluster deployment at a single site for up to eight nodes on the customer’s choice of supported hardware platforms. Fastrack deployments are also available for integrations of Nutanix Prism (intelligent infrastructure management) and Nutanix Move (for VM migration).

·            Education and certification: Nutanix Certified Professional (NCP) exam vouchers for three students and three individual seats for NCP – Multicloud Infrastructure classes with virtual instructor-led training.

Michael Magura, Vice President, APAC Channel Sales at Nutanix, said, “We created this bundle following feedback from partners that customers are looking to mitigate risk due to changes in the vendor landscape. As a result, customers are looking to establish a dual vendor strategy for particular workloads or migrate from their current vendor, and the Starter Kit is designed to help build that migration bridge for ease and assurance of transition.

“Critically, we believe that once customers experience Nutanix, it won’t be long before they engage our partners to increase their deployment.”

Uber Tech Announces 7-Year Strategic Cloud Partnership With Oracle

Oracle and Uber Technologies, Inc., today announced a seven-year strategic cloud partnership to accelerate Uber’s innovation, help deliver new products to market, and drive increased profitability. 

As Uber continues to grow and enter new markets, it is increasingly important for the business to focus resources on its core strengths and strategic initiatives. By migrating some of the company’s most critical workloads to Oracle Cloud Infrastructure (OCI), Uber will be in a position to modernize its infrastructure while also accelerating its path to profitability.

“Uber is revolutionizing the way people, products, and services move across continents and through cities,” said Uber CEO, Dara Khosrowshahi. “To deliver on that promise for customers while building value for shareholders, we needed a cloud provider that will help us maximize innovation while reducing our overall infrastructure costs. Oracle provides an ideal combination of price, performance, flexibility, and security to help us deliver incredible customer service, build new products, and increase profitability.”

This new strategic partnership with Uber along with recent analyst reports serve as powerful validation of OCI’s strategy and product vision. Customers want both flexibility and best-in-class price-performance infrastructure across a global footprint. Uber can now take advantage of these capabilities that only OCI provides.

“Uber is expanding into a ‘go anywhere, get anything’ platform, and the company needed a cloud partner that shares a relentless focus on innovation,” said Oracle CEO, Safra Catz. “This landmark competitive win for OCI is further validation of the momentum and acceleration we are experiencing in the market. Enterprises, governments, and startups around the world are recognizing the differentiation of Oracle Cloud Infrastructure and experiencing our performance, security, and economic benefits versus other hyperscalers.”

Along with the OCI agreement, the strategic partnership includes other areas of collaboration between the two companies. Oracle will become a global Uber for Business client, selecting Uber as a preferred rideshare for its employees to travel and eat around the world. Uber and Oracle will also continue co-innovating on additional retail and delivery solutions that will evolve from the cloud partnership including consumer experiences with last-mile logistics.

Additional Resources

Learn more about Oracle Cloud Infrastructure

About Oracle

Oracle offers integrated suites of applications plus secure, autonomous infrastructure in the Oracle Cloud. For more information about Oracle (NYSE: ORCL), please visit us at oracle.com.

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P&G India And Centre For Civil Society Flag-Off ‘Women In STEM Caravan’ Roadshow On International Day For Women And Girls

* The roadshow began with a high-powered roundtable discussion in New Delhi focused on policy provisions, ground realities, role of corporates and direct interventions for Women in #STEM

* The roadshow will now move on to its next destinations in Himachal Pradesh, Telangana, and Maharashtra where it will recognize and award P&G Shiksha Betiyan Scholarships to girls pursuing STEM courses

Procter and Gamble India (P&G India) and Centre For Civil Society flagged off a first-of-its-kind ‘Women In STEM Caravan’ on February 11th - a multi-city roadshow that brought together key stakeholders to advance women's participation in Science, Technology, Engineering and Mathematics (STEM) trades. The roadshow, officially recognized as a part of the G20 events, commenced in New Delhi on International Day for Women and Girls in Science, with a high-powered ‘Women in STEM: Policy, Practice & Interventions’ roundtable conference focused on policy provisions, ground realities, role of corporates and direct interventions for advancing women’s representation in STEM opportunities.

The conference brought together over 20 eminent professionals, including policymakers, practitioners, academicians, and investors to discuss ways in which women representation in STEM can be strengthened through the right interventions, necessary policy reforms and implementation of best practices. The dignitaries present at the conference included representatives from P&G India, Centre For Civil Society, Department of Science and Technology, Ministry of Education, Office of the Principal Scientific Advisor to the Government of India, and Niti Aayog. The discussion revolved around key thematic areas including enabling women's entry into STEM careers through policy measures, voices from the ground reporting on current realities of women in STEM across sectors and civil society, government and business interventions that can facilitate women's entry and retention into STEM careers over the next 5 years.

During the conference, P&G India and Centre For Civil Society also recognized and awarded P&G Shiksha Betiyan Scholarships to girls pursuing courses at Industrial Training Institute in Nalagarh, Himachal Pradesh. In its next stage, the caravan will now travel to Himachal Pradesh, Telangana, and Maharashtra where it will award more scholarships under the P&G Shiksha Betiyan Scholarship Program to girls pursuing varied courses for higher education in STEM fields.

Speaking on the occasion, LV Vaidyanathan, MD & CEO, P&G India said, “At P&G, we believe in helping create a world where equality and inclusion are achievable for all, inside and outside of P&G. Data indicates that in India, female representation in STEM workforce is limited to 14%.  Women continue to also be underrepresented in STEM curriculum, leading to underrepresentation in manufacturing, engineering, and technology roles. The reasons often lie in deep-rooted stereotypes and biases that hold back women from pursuing and advancing in STEM careers. We launched P&G Shiksha Betiyan Scholarship Program last year with the aim to break such barriers for girls who aspire to pursue careers in STEM, in partnership with Centre for Civil society. This year, as we expand our scholarship program to impact more girls, we are happy to come together for meaningful dialogue at ‘Women In STEM Caravan’ to deliberate acceleration of progress, as well as inspire more girls to pursue STEM education.”

Laxmi Sampath Goyal, Chief Executive Officer, Centre For Civil Society said, “The need for women’s representation in STEM fields cannot be overstated. With technological advancements playing a critical role in a nation’s development, women’s participation fosters a diversity in perspectives that stimulates originality, innovation, and efficiency. Given the scope for professional growth and achievement in the fields, it is imperative for us to support women in occupying these lucrative positions and empower them in the process.” 

P&G India in partnership with Centre For Civil Society has been working to enable STEM careers for girls with the ‘P&G Shiksha Betiyan Scholarship’ program, as part of its flagship CSR initiative P&G Shiksha, where it is providing financial aid and mentorship to girls aspiring to pursue STEM (Science, Technology, Engineering, and Mathematics) education. The program has so far supported hundreds of women with the aim of breaking barriers and enabling entry of skilled women professionals into manufacturing, technology, engineering, and other STEM related jobs.

Further, the Company’s skin care brand Olay is working to shrink the gender gap in STEM careers with its ‘STEM The Gap’ initiative, by spotlighting the biases and stereotypes that hold back progress and enabling young girls to get interested and excited by STEM subjects. P&G India also has a long-standing partnership with NITIE and hosts the annual ‘P&G-NITIE Equality Summit’ to spark conversations on issues that perpetuate a glass ceiling for women, uncover deep-rooted stereotypes that still exist, and motivate change specifically linked to equal representation of women STEM and Supply Chain.

About P&G Shiksha: Launched in 2005, P&G Shiksha is P&G India’s flagship CSR initiative which focuses on providing holistic education for underprivileged children through a 360-degree educational intervention. Over time, P&G Shiksha has evolved into a holistic education program that aims to improve learning outcomes in children, strengthen educational infrastructure and empower marginalized girls through education.

About Procter & Gamble: P&G serves consumers in India with one of the strongest portfolios of trusted, quality, leadership brands, including Vicks ®, Ariel®, Tide®, Whisper®, Olay®, Gillette®, Venus®, AmbiPur®, Pampers®, Pantene®, Oral-B®, Head & Shoulders®, Herbal Essences® and Old Spice®. Please visit in.pg.com for the latest news and in-depth information about P&G India and its brands.

About Centre For Civil Society: Centre for Civil Society (CCS) is a non-profit think tank based in New Delhi. The Centre was founded in 1997 by Dr Parth J Shah, former Professor of Economics at the University of Michigan. It operates as an independent educational organisation. According to the 2021 Global Go To Think Tank Index Report (Think Tanks and Civil Societies Program, University of Pennsylvania), CCS was ranked 5th in India and 83rd in the world

Boeing To Continue To Expand Footprint With India Logistics Center

* Center to support regional customers, maintain higher fleet utilization and mission readiness rates

    Boeing [NYSE: BA] today announced an investment in a new logistics center in India to cater to its regional customers. Continuing to expand its footprint in the country, Boeing is investing in building capabilities that support an efficient and cost-effective service solution for regional customers to maintain higher fleet utilization and mission readiness rates.

In the initial phase of the operations, the India Logistics Center will focus on supporting airline customers as the civil aviation sector continues to rapidly advance towards becoming the world’s third largest passenger market, surpassed only by the U.S. and China. The fleet of Indian airlines is projected to nearly quadruple in size by 2041 compared to 2019. With a growing domestic market and increasing opportunities for international growth, the airlines will require more holistic service support to drive efficient fleet operations. Today, more than 150 Boeing airplanes, including the Next-Generation 737, 737 MAX, 757, 777, and 787 Dreamliner, are operated by leading Indian commercial airlines.

“The further expansion of our footprint in India with the India Logistics Center supports our long-term investment strategy for the country. We remain excited and committed as we provide critical service support towards the growth of the Indian civil and defence aviation ecosystem," said Salil Gupte, president, Boeing India.

In the second phase, the India Logistics Center will cater to the larger network of Boeing’s customers in the region. Through the Boeing India Repair Development and Sustainment (BIRDS) hub program, Boeing is already supporting local customers by creating an ecosystem of comprehensive support packages and indigenous Maintenance, Repair, and Overhaul (MRO) capabilities with its partners. This initiative is a testament to Boeing's commitment to "Make in India" and "Aatmanirbhar Bharat". Currently, India operates a fleet of Boeing aircraft, including 11 C-17s, 22 AH-64 Apaches (with an additional 6 on order), 15 CH-47 Chinooks, 12 P-8Is, 3 VVIP aircraft, and 2 Head of State aircraft.

“A key element of efficient customer support is rapid response and distribution of replacement parts. The India Logistics Center will allow better responsiveness and build on Boeing's existing global reputation for the highest quality of customer service,” said Ashwani Bhargava, senior director, India Supply Chain, Boeing India.

India is well-positioned to localize maintenance services capabilities and provide cost-effective solutions given its large technical labor force, including uniquely qualified and highly trained technicians and industry capabilities. With over eight decades of presence in India, Boeing has built a strong network support for its customers in the region through various initiatives and partnerships while contributing to the growth and development of Indian aerospace and defence sector.

About Boeing India

Boeing is focused on delivering value to Indian customers with advanced technologies and is committed to creating sustainable value in the Indian aerospace sector – developing local suppliers, and shaping academic and research collaborations with Indian institutions. Boeing has strengthened its supply chain with more than 300 local companies in India and a joint venture to manufacture fuselages for Apache helicopters and vertical fin structures for the 737 family of airplanes. Annual sourcing from India stands at over $1 billion. Boeing currently employs over 5,000 people in India, and more than 13,000 people work with its supply chain partners. Boeing’s employee efforts and country-wide engagement serve communities and citizenship programs to inspire change and make an impact on more than 500,000 lives. Learn more at www.boeing.co.in