Monday, March 27, 2023

Successful Launch of 36 OneWeb Satellites With ISRO/NSIL Marks Key Milestone To Enable Global Connectivity


* OneWeb’s successful 18th launch brings the constellation to 618 satellites in orbit

* Pivotal step forward in delivering global services as OneWeb constellation crosses milestone for global coverage

* Another success with the LVM3 launch vehicle, as India demonstrates its leading position in the commercial launch service market

Bharti backed OneWeb, the Low Earth Orbit (LEO) satellite communications company, today confirmed the successful deployment and contact of 36 satellites launched by NewSpace India Limited (NSIL), from the Satish Dhawan Space Centre (SDSC-SHAR) in Sriharikota, India.

Lift-off took place on Sunday, 26th March 2023 at 9:00am local time. OneWeb’s satellites separated successfully from the rocket and were dispensed in nine phases over a period of 1 hours and 14 minutes, with signal acquisition on all 36 satellites confirmed.

This is OneWeb’s 18th launch, its third this year, bringing the total of OneWeb’s constellation to 618 satellites. The OneWeb constellation design calls for 588 satellites for global coverage and additional satellites are planned for resiliency and redundancy. Thanks to today’s successful launch the constellation is in place to soon deliver global services. By the year-end, OneWeb will be ready to roll out global coverage, enhancing its existing connectivity solutions that are already live in regions north of 50-degrees latitude as it brings new areas online by partnering with leading providers.

This mission marks OneWeb’s second satellite deployment from India, highlighting the strong partnership with NSIL and ISRO and OneWeb’s commitment to provide connectivity across the length and breadth of India. Once activated, OneWeb’s coverage solutions will bring secured connectivity to enterprises, towns, villages, municipalities and schools, including the most remote areas across the country.

Sunil Bharti Mittal, Executive Chairman of OneWeb, said: “In my work I have seen the power of connectivity to bring benefits to all, wherever they are. Yet half the world’s population does not have access to fast, reliable connectivity. Today’s launch represents a major step towards closing the digital divide. OneWeb’s global constellation will play a pivotal role in realising this dream.

“I am particularly proud that OneWeb has crossed the threshold to be able to provide its global coverage in India, a country whose ambitions in enhancing Space-based connectivity are being driven by NewSpace India and ISRO. Under the visionary leadership of Prime Minister Narendra Modi, the Government of India’s target to significantly expand access to high-speed internet connectivity is vital, and OneWeb is grateful for all the support. Overall, this is an incredibly exciting time for the satellite connectivity industry, and I am delighted that the UK and India are at the forefront of developments.

“I would like to thank colleagues, our partners, vendors, investors and customers who have realised the potential of OneWeb and made this launch possible. I am incredibly excited for the future of OneWeb and the opportunity its connectivity services provide to communities globally.”

Shri. Somanath S, Secretary, Department of Space and Chairman, ISRO, commented: “This launch is a very important milestone for ISRO as we demonstrated the successful launch of a second consecutive commercial payload of OneWeb.  This valued customer trusted our capability and we have proved it in a very short span of time. This launch has created a new record in the Indian space history. With this launch of LVM3, through the NewSpace India Ltd, ISRO is confident of handling many more such launches on demand for both LEO and GEO missions in the future. I wish OneWeb a great success in globalizing the completed constellation.”

Radhakrishnan D, Chairman-cum-Managing Director, NewSpace India Limited, said: “Successful injection of 36 OneWeb Gen-1 satellites from UK by LVM3 today, is an extremely proud moment for NSIL and the entire ISRO fraternity.  NSIL, would like to thank M/s OneWeb for believing in our capabilities and giving us this important opportunity to undertake the mission. We are doubly happy, as this mission would mark accomplishment of full constellation and commencement of commercial broadband services globally by M/s OneWeb. NSIL look forward to be associated with M/s OneWeb not only in the area of providing Launch solutions but also in several other business endeavors that would benefit both companies. We would like to extend our heartfelt congratulations to the entire OneWeb’s technical and management team.”

UK Secretary of State for Science, Innovation and Technology Michelle Donelan said: “The completion of the LEO constellation is hugely significant both for OneWeb and the UK’s wider sector.

“We invested in OneWeb’s vision to bridge the global digital divide, and our burgeoning space sector is transforming the UK into the perfect base for likeminded companies to realise their stratospheric potential.”

Neil Masterson, Chief Executive of OneWeb, added: “This is the most significant milestone in the history of OneWeb, as we reach the satellites needed for global coverage. Over several years we have remained focused on our commitment to deliver a network that will provide connectivity for our customers and communities that need it most. With today’s satellite deployment, facilitated by our expert team and our partners at ISRO and NSIL, we are realising this central ambition and are even closer to changing lives at scale.

“I would like to pay tribute to all of my colleagues at OneWeb who have driven our rapid momentum and progress over recent years. It is thanks to them that we will be able to deliver high-speed, low-latency connectivity around the world later this year.”

VIP Frenchie Launches U-19– India’s First Teen Innerwear Range For Boys Of Age 13-19


~Providing stylish and perfect solutions for teenage boys~

The sewing machine of VIP Clothing Ltd. has been soothingly creating innerwear for five decades. Frenchie, a brand hailed from the VIP group has launched its new sub-category 'U-19' innerwear for boys within the age bar of 13-19. As the brand functions in the modern epoch, it derives the product cart on the wheel of vogue to provide consumers with the latest trends and fits. Diving into the consumer wants and the market situation, Frenchie took an assertive step to introduce an innerwear line that completes the circle of consumer needs.

Mindset Behind the Launch

Being a brand of the masses, one of the quintessential factors is safeguarding the audience's keenness regarding the products. According to the market analysis, no brand introduced an innerwear for teenagers. However, crowned as the pioneer of innerwear, VIP Group is the only brand house covering the spectrum with sheer excellence. The launch of Frenchie U-19 also marks stability where the brand functioning is well-constructed and has arrived in a genre that re-synchronises the consumer buying pattern towards the brand. 

Why 'U-19' 

Innerwear is one of the primary elements of clothing, and being a brand that breathes innerwear knowing the insights of the genre is inevitable. The idea and intention to launch U19 were to fathom the issue faced by teenagers to find a perfect-fitted innerwear and to straighten out this issue in an adroit manner. Laying the best-in-class quality at an economic cost makes the masses adhere to the brand.

Speaking at the market launch of Frenchie U-19, Mr Kapil Pathare, Director of VIP Clothing, said, “Frenchie U-19 is not only a product but a solution of ill-fitted underwear for teens and, as a brand of masses, we have always focused on consumer needs and desires. We are pretty optimistic about the market flow of the product, and we look forward to introducing more unique ranges and categories to the market.”

Speaking at the market launch of Frenchie U-19 Mr, Sunil Pathare CMD - VIP Clothing LTD said, “The design theory is to break out of traditional culture and lead every teenager a one-step ahead of adults in terms of style. Frenchie U-19 is a token of advancement and non-traditionalism.”

The product was introduced to the e-commerce market on 18th February 2023, marking the availability at Flipkart, Amazon, and Jio Mart for the commencement and the official market launch arrayed in Delhi on 17th March. The instrumental strategy is to launch the product on e-commerce first and then strike the market. Frenchie U-19 is available in retail markets at every VIP inners store and e-commerce website. The product was officially launched on 17th March in Delhi.

About Frenchie

Frenchie is a revolutionary introduction to the innerwear market with a vision to provide a new-fangled mini-brief and; today, Frenchie is the primary choice of every Indian man who urges to have superior style and fantastic fit by his side.You can buy from Amazon, Jio Mart, and Flipkart in India .

Lawyer On The Spot (LOTS) Ensures Accessibility, Affordability And Creates Job Opportunities Through The BHARATMALA Project


Lawyer On The Spot (LOTS), an on-road legal service providing company that helps commercial vehicle drivers who require lawyers more often than not instantly as they are usually harassed by police officers, recently launched a major initiative called the “BharatMala Project”. It seeks to improve the lawyer's network in the country by ensuring the availability, reliability, and affordability of lawyers.

‘BharatMala Project’ is envisioned to ensure LOTS' commitment to providing a Lawyer On The Spot within 2 working hours. It is only possible if there is a lawyer available within a 50 km traveling distance from the place where the incident happened. Therefore as part of this project, LOTS is mapping all the National and State Highways of the country and is working towards creating a database of all the practicing lawyers in cities and towns within 50 km from any point on the highways. 

These lawyers are then empaneled with LOTS and are reached in case of an incident happening close to their city of practice. This ensures that LOTS is able to provide instant local representation to our customers to resolve on-the-spot issues at the time of need. The onboarded lawyers are experts in the field of MACT, Criminal, and Taxations law and are empaneled on our agreed pricing to deliver cost-effective services. By increasing access to affordable and competent counsel, the project has improved the connectivity of lawyers in remote and rural areas. 

Founder & CEO of Lawyered, Mr. Himanshu Gupta says, “This project serves as the foundation for all of LOTS Product's client delivery services. It has significantly contributed to providing our LOTS clients with cost-effective and reliable services while also saving a ton of time and money. Additionally. the project has also given the lawyers employment prospects by ensuring a consistent flow of work day in and day out.”

In the near future, the effort is expected to bring a ton of benefits such as enhanced accessibility, affordable pricing, building a reliable network of lawyers, faster turnaround in delivering services, potential growth of business for lawyers, reduced travel time of lawyers, and ensuring that even remotest areas are covered when it comes to delivering LOTS services of On Road Legal Assistance. 

Here’s the link to the logo- https://drive.google.com/file/d/19QUtnO-KOISHKUqzOOEXAtlhEDLY3634/view?usp=drivesdk

Aditya Birla Sun Life Mutual Fund Launches Ad Campaign #AapkeSapnoKeSarthi


* Honouring Mutual Fund Partners for their Unwavering Service and Support

Aditya Birla Sun Life AMC Limited, a subsidiary of Aditya Birla Capital Limited, an investment manager to Aditya Birla Sun Life Mutual Fund (ABSLMF) is proud to honour the unwavering services of its mutual fund partners (MFP) who have been supporting investors over the years. With our latest campaign, #AapkeSapnoKeSarthi, we aim to recognise the dedication and commitment of our partners towards making investing an effortless experience for investors.

#AapkeSapnoKeSarthi, aims to recognize the important role that MFPs play in the financial ecosystem and is committed to supporting them in their efforts to educate and guide investors. As part of this commitment, ABSL-MF has launched several initiatives aimed at empowering MFPs and enhancing their capabilities. These initiatives include training programs, investor education campaigns, and digital tools to help MFPs better serve their clients.

Commenting on the campaign, A. Balasubramanian, Managing Director and Chief Executive Officer, Aditya Birla Sun Life AMC Ltd., said, “Our mutual fund partners have been the driving force behind our company's success for many years. Their unwavering commitment to our investors and their expertise in navigating challenging market conditions have been crucial in creating long-term value for our customers. We are incredibly grateful for their exceptional services, and we recognise the significant role they play in shaping the growth and development of the mutual fund industry. With our latest campaign, #AapkeSapnoKeSarthi, we hope to showcase the dedication and commitment of our partners and highlight their role as trusted companions in our investors' financial journeys.”

The three-minute film shows how these partners, who often go unnoticed, always put their investors' interests ahead of their own, even if it means sacrificing their personal time and responsibilities. The emotional support and guidance provided by these partners are highlighted in the film, and it is heart-warming to see how they have become an integral part of the investor's family. The campaign is directed by Prateek Pendharkar under the creative guidance of Lakshyya Sharma who is a Creative Head with Zero Followers.

Commenting on the ad campaign, Vaibhav Somani, CBO and COO Zero Followers, said, “Creating a campaign that celebrates the unwavering commitment of mutual fund partners towards making investing an effortless experience for investors was a challenging yet fulfilling experience for our team.”

Arvind SmartSpaces Sells Entire Launched Inventory Of Second Phase Of Arvind Greatlands Within 7 Hours


* Sold more than 150 plots, with a booking value of more than Rs 100 Crore 

* Strengthened presence in Devanahalli, Bengaluru with second successful launch within 4 months

Arvind SmartSpaces Limited (ASL), one of India’s leading real estate development company, today announced that it has sold out the entire launched inventory of 2nd phase of its residential plotted development project, Arvind Greatlands in Devanahalli, Bengaluru, within 7 hours of launch. It consisted of more than 150 units valued at more than 100 Crs.  

Arvind Greatlands marked ASL’s entry into the plotted development segment in Bengaluru. The first phase of this project, with a saleable area of ~0.5 million sq. ft. amounting to a booking value of more than Rs. 200 Crore, was sold out in 10 hours in November 26, 2022. The first phase is under HDFC Platform 1. The second phase and all future phases are fully owned by Arvind SmartSpaces.  

Arvind Greatlands is the ideal place for those seeking a luxurious lifestyle, replete with an opulent, executive-level golf course. The project offers excellent infrastructure with RCC roads in the entire development Arvind Greatlands customers will also get a membership of Monogram Resort – Devenahalli offering various amenities including gymnasium, rooftop infinity pool, indoor games room, table tennis, jogging track, badminton court, spa, library, restaurant, executive business centre, multimedia theatre, discotheque, and yoga pavilion.              

Arvind SmartSpaces entered the Bengaluru market in 2013 and has until now added 10 projects across the region with 4 projects having already been delivered and 6 in various stages of development. 

Commenting on successful launch, Mr. Kamal Singal, Managing Director and CEO, Arvind SmartSpaces said, “We are elated to have received such a tremendous response from the Bengaluru homebuyers for successive launches in the micro market of Devenahalli. The successful launch of Greatlands phase 2, which followed the stellar launch of Greatlands phase 1, within just 4 months is testament to the growing equity and trust of the Arvind brand in our key market of Bengaluru. We look forward to build on this performance and have planned various launches and new project additions to further strengthen our presence in Bengaluru.”

PM Narendra Modi Inaugurates RuPay National Common Mobility Card (NCMC) For Bangalore Metro With RBL Bank As Issuing Bank


• Unique Prepaid Transit Cum Multipurpose Card that supports cashless commuting

• Interoperable ‘One Nation One Card’ facilitating seamless travel as well as retail transactions

RBL Bank, one of India’s leading private sector banks in association with Bangalore Metro Rail Corporation Ltd (BMRCL), today jointly announced the launch of the RuPay National Common Mobility Card (NCMC). This unique Prepaid Transit Cum Multipurpose Card is in line with the Government of India’s ‘One Nation One Card’ initiative. It is interoperable across India with value addition of ecommerce transactions and is a step towards transforming and unifying the transit ecosystem in the country.

RBL Bank issued RuPay NCMC will help grow the Bengaluru Metro user base, while benefiting the existing 6 lakh+ metro travellers, who frequent the Namma Metro stations where the Namma Metro Closed-Loop card is currently operational and offers greater benefitsfor travel and e-commerce transactions. The NCMC card will also enable inter-operability for travel on other operational public transit systems in the country.

The cards will be issued at the metro stations and RBL Bank branches in Bengaluru. NCMC’s stored value balance can be updated at Ticket Office (or) Card Top-up Terminals (CTT) located in Metro stations. RBL Bank will also provide POS machines at stations for accepting and loading cards, with recharging facility available on RBL Bank’s MoBank App as well.

Apart from travel, the card can be used for fuel payments, shopping, dining, parking, toll payment etc. It can also be used for offline contactless transactions for low value payments. Users will also get access to over 200 offers across various categories of spends.

R Subramaniakumar, MD & CEO, RBL Bank said, “We are happy to partner with BMRCL towards launching this unique National Common Mobility Card. Together, we have created a seamless and convenient system that will allow commuters to have a hassle-free payment experience for travel and other transactions across retail, shopping, dining etc. We believe that this innovative solution will not only enhance the overall commuting experience but will also contribute towards driving digital payments.”

Anjum Parwez, IAS, Managing Director - BMRCL, Bangalore Metro Rail Corporation Limited, “We are happy to announce the launch of the National Common Mobility Card in association with RBL Bank. We feel this card will further provide ease of travel while people commute on Bengaluru Metro. This initiative is also a testament towards our commitment of creating sustainable and inclusive transportation solutions that benefit everyone. I am proud of the efforts put in by our teams to bring the National Common Mobility Card to life. We look forward to the positive impact it will have on the lives of millions of commuters."

Dilip Asbe, MD & CEO, NPCI, “We are delighted to associate with BMRCL and RBL Bank to launch National Common Mobility Card (NCMC) on RuPay platform. This launch is an significant step in RuPay’s journey in offering a seamless and secure payment solution to all our customers in this fast-evolving payment ecosystem. Acceptance of NCMC at BMRCL is certainly going to enhance the transit payment experience and additionally, will empower the cardholders to make all other payments using a single card with the same ease; this will further support in the drive of making India a less-cash economy.”

About RBL Bank RBL Bank is one of India’s leading private sector banks with an expanding presence across the country. The Bank offers specialized services under five business verticals namely: Corporate & Institutional Banking, Commercial Banking, Branch & Business Banking, Retail Assets and Treasury and Financial Markets Operations. It currently services over 12 million customers through a network of 516 branches; 1,168 business correspondent branches (of which 298 banking outlets) and 413 ATMs, total customer touchpoint 2,097, spread across 28 Indian states and Union Territories. RBL Bank is listed on both NSE and BSE (RBLBANK).

Further details: www.rblbank.com

Saturday, March 25, 2023

Brakes India Launches Brake Pads For Luxury Car Range


* Quieter braking with advanced friction technology

Designed with a unique abrasive film for higher performance, TVS Apache, a friction brand of Brakes India, launched Platinum brake pads for the luxury car range which have been designed for comfort and a pleasant driving experience. The brake pads cater to both front and rear requirements of premium vehicles.

Brakes India with over six decades of technology expertise in Brake systems, is a leading player in the passenger car friction market. “We are unveiling Platinum brake pads with advanced friction technology and expanding our range to cater to the premium segment. In the first phase, it is introduced for select luxury car models and the range will be expanded in the coming months,” said Sujit S Nayak, Vice President of Friction and Aftermarket Business, Brakes India.

Sujit further added that the brake pads are engineered for global specifications with premium formulation to deliver quiet and high-performance braking without compromising on life. The front brake pads are environmental friendly with premium copper free formulations to meet the global specifications and meeting the highest N compliance level as per SAE J2975.

About Brakes India: 

Brakes India was founded in 1962 and is a leading supplier of braking systems in the Indian market and a global supplier of ferrous castings, for passenger vehicles, light commercial vehicles, heavy commercial vehicles & tractors. Promoted by the TSF Group, whose heritage dates to 1936, the company has a strong in-house R&D capability that includes state of the art test facilities and a high-speed test track built to international standards. Brakes India has world-class manufacturing operations with a reputation of providing high quality products and an expansive supply chain, serving marquee OEMs across the globe. The world-renowned iron foundry produces over 180,000 tons of safety critical castings from India and Oman. Its trusted brands TVS-Girling, TVS-Apache and TVS-Sprinter are leading names in the spare parts segment. With revenues in excess of INR 5,000 crore, the company wears numerous feathers in its hat such as National Awards for Energy conservation; Leadership and Excellence Award in Safety, Health & Environment, TPM Excellence Award and the prestigious Deming Application Prize to name a few. 

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