Capri Global Capital Ltd Assigns “Mainline Advertising Mandate To Rediffusion For Its Loan Business”

Capri Global Capital Ltd, a diversified NBFC, has appointed Rediffusion to handle the brand's mainline advertising mandate. As per the mandate, the agency will conceptualize and build campaigns across media touch points to drive the brand-consumer connect. The account will be handled by _Next by Rediffusion_ from its Mumbai office. 

Capri Global Capital Ltd offers a wide range of financial services, including home and business loans, to the unbanked and underserved masses of the country, with a presence across hi-growth segments like Gold Loans, MSME Loans, Construction Finance, Affordable Housing, and Indirect Lending segments.  

Capri Global Capital Limited is listed both on the NSE and the BSE. 

“We are excited to be working with Rediffusion as our mainline agency. With their cutting-edge strategies, creative prowess, and deep understanding of consumer behaviour, we are confident that this collaboration will propel our brand to new heights,” says Basant Dhawan, Group CMO of Capri Global. “Together, we will create compelling campaigns that engage and captivate our target audience, further solidifying our position in the market.” 

“Capri Global is a trailblazer in the loans business. It is driven by a massive all-India network that reaches and services consumers who really value both the finance and the relationship that the company invests so heavily in,” comments Asheesh Malhotra, Executive Director of, _Next by Rediffusion_. “Our strategists at The Bharat Lab of Rediffusion who focus on markets beyond the Metros and Tier 1 cities will work closely with the Capri marketing team to engage the consumer and further endear Capri Loans to them.” 

Capri Loans use Pankaj Tripathi as their brand endorser. 

About Capri Global Capital Ltd: 

Capri Global Capital Limited (CGCL) is a diversified Non-Banking Financial Company (NBFC) listed on the Bombay Stock Exchange (BSE) and National Stock Exchange (NSE) and is part of the NIFTY Small cap 250 Index. The Company operates in high-growth segments such as MSME Loans, Affordable Housing Finance, Gold Loan, and Construction Finance. The Company also acts as a corporate distributor for car loan products of six leading commercial banks. CGCL offers its loan products to the unbanked and underserved masses across Northern and Western geographies of the country, through its strong network of 700+ branches spread across 12 States and Union Territories. The tech-enabled processes and recently introduced business analytics ensure that CGCL offers products tailored to meet the requirements of borrowers with a solid governance and risk-control framework. CGCL enjoys a robust credit rating of ‘CARE A+ (Outlook Stable)’ for its long-term borrowing program and NCDs and the highest rating of ‘IVR A1+’ for its short-term borrowing program. The Housing Finance business is rated ‘CARE A+ (Outlook Stable)’ for its long-term borrowing program. The Company has bagged ‘Best BFSI Brand 2021’ by The Economic Times and received certification as a Great Place to Work from Great Place to Work Institute for 2023-24 for a second consecutive year. 

For further information,  visit:  www.capriglobal.in   |   www.caprihomeloans.com 

Government Sees Generative AI As Huge Opportunity, Says Abhishek Singh Of National e-Governance Division & Digital India Corporation

The Moneycontrol Startup Conclave hosted a panel discussion titled, ‘The Tipping Point: The AI Era’, which addressed India's challenges and opportunities in the age of the ever-evolving AI.

Speaking on generative AI, Pandurang Nayak, Head of Startups Solutions Architect, AWS India said, “Generative AI is the most transformative technology of our time. Machine learning and AI are at the forefront of Amazon for the last two decades.

Stating that tools like Sagemaker jumpstart to build generative AI, he added, “We have one of the largest ML services. There is continuous progress that we are making in the space. In the generative AI space, we are building infrastructure for those who want to build models.”

Sharing his views on the topic, Abhishek Singh, CEO, National e-Governance Division (NeGD) & Digital India Corporation (DIC) said, “The Government of India sees Generative AI as a huge opportunity specifically for providing access to services for Indians, such as voice-enabled services.

“We are data rich, which has led to the use of data in a lot of sectors, including agriculture. We have huge talent, but the challenge is in compute. If we provide access to compute to researchers it will greatly benefit them,” he added.

Elaborating on India’s AI opportunity, Vishal Dhupar, MD, Asia South, Nvidia said, “We are in the most interesting time. Our nation knows what the grand challenges are -- education, healthcare, and urban mobility. We know that the approach to that is AI. Never look at the rear-view in India, just the front.

Singh concluded his thoughts stating, “I dream of, and what my team is doing, is developing something that would enable any villager to put up a query in their mother tongue, and get the response in that language… We are experimenting with that with our Bhashini initiative.”

Moneycontrol Startup Conclave aims to highlight the resilience and determination of entrepreneurs and their unwavering commitment to overcoming obstacles.

LG Electronics Elevates Audio Experience With XBOOM Series And Tone Free Launch

·       New line-up of XBOOM series features RNC9, RNC7 and RNC5models

·       The highlight of the new TONE Fit TF7 is its optimized fit and usability for outdoor activities

LG Electronics, one of the leading consumer durable brands in India, today announced the launch of its latest audio products, the LG XBOOM series and LG TONE Fit TF7. With a focus on convenience, powerful sound, and immersive lighting effects, these products are designed to revolutionize the way people experience music and audio.

With the introduction of the LG TONE Fit TF7 and XBOOM series featuring RNC9, RNC7 and RNC5 models, LG reaffirms its commitment to providing exceptional quality, performance, and convenience to its customers.

Commenting on the launch, Hak Hyun Kim- Director- Home Entertainment, LG Electronics India said, “We are delighted to introduce the LG XBOOM series and TONE products, representing a significant advancement in audio technology. These meticulously designed products are poised to revolutionize the audio experience for our consumers. Building upon the positive reception of our previous TONE model, we are confident that this newly launched TONE Fit TF7 will exceed expectations and captivate music enthusiasts and audiophiles worldwide. Also, with exceptional features, powerful sound reproduction, and immersive lighting effects, the brand-new LG XBOOM series and TONE are set to become the preferred choice for parties, events, and everyday use.”

The LG TONE Fit TF7 offers a superior fit for exercise enthusiasts, ensuring that customers can focus solely on their workout without any distractions. Featuring a patent-pending skirt shape hook with a freebit design, these earbuds offer optimized fit and usability for various outdoor activities. The pressure-less and drop-less design guarantees a secure and comfortable fit, while the innovative Air Circulation Design reduces sweat and heat, making them ideal for intense workouts.

Durability and hygiene are top priorities for the LG TONE Fit TF7. With an IP67 rating, these earbuds are resistant to dust, sweat and rain, allowing users to push their limits regardless of the weather conditions. The addition of Active Noise Cancellation (ANC) technology creates a serene personal space for immersive audio experiences. The hybrid ANC combines feed-back and feed-forward techniques, ensuring exceptional sound isolation.

Featuring the renowned Meridian technology, the LG TONE Fit TF7 delivers natural and authentic sound quality. Whether it's pumping up the beats during a workout or enjoying a relaxing melody, the premium LG Meridian Sound offers an audio experience that transcends expectations.

Health and hygiene are paramount, and LG has taken extra measures to ensure the safety of its users. The UVnano technology integrated into the earbuds' cradle actively sanitizes the ear gel surfaces, creating a more sanitary listening experience. The TF7 model also introduces medical-grade silicone ear gels, further enhancing user comfort and hygiene.

In addition to its wireless capabilities, the LG TONE Fit TF7 allows users to enjoy audio content in places where wireless connections are not supported, such as gyms, through its plug and play feature. The TF7 model offers multi-point, multi-paring option and has Google Fast Pair and MS Swift Pair for seamless connectivity. It also provides voice command compatibility with Google and Siri extends convenient hands-free control.

To complement the LG TONE Fit TF7, LG Electronics is also launching a XBOOM range of powerful and feature-rich audio systems, including the RNC9, RNC7, and RNC5.

The RNC9 is equipped with Double Super Bass Boost, Bass Blast, and X-Shiny Woofer, delivering powerful and rich bass sound without distortion. With maximum connectivity options including 2 USB ports, Bluetooth and FM radio this audio system offers limitless entertainment possibilities. For Home Parties It has features Like stunning party strobe lighting, multi-colour lighting effects and DJ features such as DJ PAD, Scratch Table, DJ Loop all in  DJ App (iOS/Android). The RNC9 also boasts karaoke functionalities with a Microphone Input, Guitar Input, Vocal Effect, Voice Canceller, Key Changer, Echo Effect and Vocal Sound Control.

The RNC7 and RNC5 models also feature Super Bass Boost, Bass Blast, and X-Shiny Woofer, providing an immersive audio experience. These audio systems offer versatile playability options with 2 USB ports, Bluetooth and FM. Additionally, they feature party strobe lighting, DJ functionalities, karaoke capabilities, and convenient connectivity options such as TV connection (Optical / Wireless), phone cradle, wireless party link for Multi Product , and LG Bluetooth App.

Furthermore, RNC5 boasts an impressive feature known as Party Strobe, a captivating lighting effect that synchronizes with the music, creating a dynamic visual experience. With its multi-colour lighting capabilities, the Party Strobe feature adds an extra element of excitement and energy to any event or gathering and convenient connectivity options such as TV connection (Wireless), phone cradle, wireless party link for Multi Product, and LG Bluetooth App.

The new LG XBOOM series offer key highlights that enhance the overall audio experience. With Vocal Sound Control, these systems deliver a more powerful karaoke performance, ensuring realistic and immersive vocal sound. The Maximum Connectivity feature allows users to connect and listen to a wide range of entertainment options, thanks to features such as party strobe and Guitar-In.

With the introduction of the LG TONE Fit TF7 and XBOOM series, LG reaffirms its commitment to providing exceptional quality, performance, and convenience to its customers.

The LG XBOOM RNC9, RNC7 and RNC5 models will be available at all Stores starting from Aug onwards, with a starting price of Rs.22,000/-. The LG TONE fit TF7 will also be available for purchase starting from Aug onwards, with a starting price of Rs.12,500/-.

About LG Electronics India Pvt Ltd               

LG Electronics India Pvt. Ltd. (LG Electronics), a wholly owned subsidiary of LG Electronics Inc, South Korea was established in January 1997 in India. It is one of the most formidable brands in consumer electronics - Home Entertainment, home appliances*, HVAC, IT hardware. In India, LG Electronics has earned a premium brand positioning and is an acknowledged trendsetter in 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 which 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.

“India Is Now Becoming A Land Of Entrepreneurs, From A Land Of Job Seekers," Says V Vaidyanathan, MD & CEO Of IDFC First Bank

Speaking at Moneycontrol Startup Conclave 2023, V Vaidyanathan, the Managing Director and CEO of IDFC First Bank, emphasized the evolving entrepreneurial landscape in India and the country's transition from a land of job seekers to entrepreneurs. Vaidyanathan regarded the new generation of startup entrepreneurs as the driving force behind this significant shift, attributing their success to their adaptability in the digital era.

Addressing the recent challenges faced by startups due to a shortage of funding, Vaidyanathan offered an optimistic outlook. Referring to it as a 'funding winter', he expressed confidence that the startup ecosystem would persist despite a temporary slowdown in cash flow from venture capitalists. He highlighted India's robust growth, young population, and overall comfort with the digital ecosystem as factors that would continue to support the startup landscape in the long term. Vaidyanathan further emphasized the value that startups and FinTechs bring to traditional workflows by modernizing them, stressing that the industry would ultimately thrive despite the funding constraints.

Furthermore, Vaidyanathan discussed a sweeping pan-industry trend wherein traditional businesses are transformed into new-age ecosystems. He explained that through integrating technology stacks, various startups are making traditional establishments, such as Kirana shops, digital and more efficient. Each step of the customer solicitation and data collection processes witnesses startups plugging themselves in to enhance the overall workflow. According to Vaidyanathan, this transformation epitomizes the synergy between traditional and modern enterprises.

Concluding his address, Vaidyanathan touched upon the challenges faced by startup founders, including the struggle to attract talent and achieve profitability when the brand is relatively unknown. He acknowledged the dilemma when founders are forced to choose between two unfavorable options. In such situations, he emphasized the importance of maintaining a grounded perspective and reminding oneself of the responsibility to attract talented individuals who can contribute to the startup's growth. Vaidyanathan encouraged founders to consider the larger ecosystem and, at times, opt for the lesser of two evils, understanding the power of reputation in the long run.

“Need To Find Balance Between Innovation And Regulation In The Fintech Sector”, Says RBI Deputy Governor T Rabi Sankar

In a special keynote at the Moneycontrol Startup Conclave, RBI’s Deputy Governor, T Rabi Sankar spoke at length about the Fintech sector – The role its playing to achieve financial inclusion and its regulations.

“RBI is closely watching the evolving space of Fintech. Innovations are happening across three elements: time, access and data. New innovations are helping in driving down costs, refocusing products and services and improving customer reach and services. There are no Fintech regulations right now. We are talking to the industry and understanding whether there is a need to regulate them. Can't give a timeline at the moment. But it will come only after consultation with them,” he added.

“We at RBI need to understand how Fintechs are evolving and innovators are thinking. But the young innovators' focus is on innovations and not as much on regulations yet and we need to find that balance. We time our intervention so that the industry (Fintech) is allowed to grow,” he said.

Speaking on cryptocurrencies, RBI’s Deputy Governor said, “People trading crypto is not the concern but the unbacked cryptocurrencies and the product itself alongside its backers is the problem.”

He also highlighted that stablecoins pegged to other currencies in emerging market economies pose several threats.

“Stablecoins pegged to currencies, for example USD are not a risk to the USA. But stable currencies pegged to other currencies in emerging market economies (EMEs) pose very serious financial stability, capital management, and monetary policy risks," Shankar said.

Otago Again Best University In National Educational Performance

The University of Otago has once again topped the key Government indicators that measure the educational performance of students at New Zealand’s universities.

Released today by the Tertiary Education Commission (TEC), the annual Educational Performance Indicators (EPIs) examine course and qualification completion rates, retention rates and progression to higher levels of study at a range of tertiary and training organisations.

According to these measures, Otago ranked a clear first among universities for overall student qualification completion, course completion, first year retention, and progression.

Assessing performance over 2022, this being the most recent complete academic year, this excellent result follows Otago topping three out of four measures in 2021 and 2020, and taking a clean sweep across all four in 2019.

Otago also ranked first in this latest round for both M?ori and Pacific student qualification completions, second for M?ori and Pacific student retention, second for Mori course completion, and third for M?ori and Pacific progression and for Pacific student course completion.

Otago’s acting Deputy Vice-Chancellor (Academic), Professor Phil Bremer, welcomed the University’s strong performance in the latest indicators.

“The recent years of Covid disruption have been challenging for our students and staff alike, and it is heartening to see Otago is continuing to lead the way amongst all New Zealand universities for student performance. It’s a reflection of the dedication of our staff and the hard work our students have put into their studies.

“The timing of this news is especially fitting, as our undergraduate students are about to return to study after the break between semesters.”

Otago’s showing across the latest TEC performance measures:

• Course completion rate (88 per cent)

• First-year retention rate, from 2021 to 2022 (83 per cent)

• Qualification completion rate (74 per cent)

• Student progression from sub-degree study (93 per cent)

About Education New Zealand (ENZ) https://www.enz.govt.nz/

Education New Zealand Manapou ki te Ao (ENZ) is the government agency responsible for taking New Zealand’s education experiences to the world. ENZ promotes a New Zealand education as one that teaches students to be critical thinkers, problem solvers and lifelong learners, which will help them succeed in their future careers and create a positive impact on the world. In 2019, New Zealand’s education system was ranked first among English-speaking countries and third in the world for delivering a future-focused education (out of 50 economies) by the Economist Intelligence Unit.

With approximately 100 staff in 18 locations around the world, ENZ works closely with New Zealand’s diverse education sector including schools, English language providers, Private Training Establishments, Institutes of Technology and Polytechnics, universities; and internationally with NZ Inc agencies, Government agencies and education providers to encourage sustainable growth and identify opportunities.

For more information on why New Zealand best place is to study and live:

https://www.studywithnewzealand.govt.nz/en

Indian Immunologicals Administers “1 Lac FREE Dosages Of Anti-Rabies Vaccine” On World Zoonosis Day 2023

* Nationwide Vaccination Camps At Around 100 Centers; Rabies Accounts For 90% of Zoonotic Cases In India 

Indian Immunologicals Limited (IIL), one of India's leading biotechnology companies dedicated to manufacturing and supplying life-saving vaccines, commemorated World Zoonoses Day. This significant occasion highlights the urgent need for global attention and collaborative efforts to combat zoonotic diseases and safeguard public health. On World Zoonoses Day, Indian Immunologicals Limited has organized “Free Anti-rabies Vaccination Camps” across India. One Lakh doses of Anti-rabies vaccine were administered free of cost with leading brands- Raksharab and Starvac R in as many as 100 cities across the country through veterinary dispensaries, veterinary colleges and NGOs. 

Zoonoses is infectious diseases transmitted between animals and humans, pose a persistent threat to global health security. As the world faces the challenges of emerging zoonotic outbreaks, IIL reiterates its unwavering commitment to protecting human lives through preventive measures, research, and vaccine development.  

Over the years, IIL has emerged as a frontrunner in vaccine production, consistently contributing to disease prevention and control. Through relentless dedication to research and innovation, IIL has developed and manufactured vaccines for various zoonotic diseases such as rabies, brucellosis etc. These vaccines have played a crucial role in preventing the spread of these diseases, safeguarding countless lives in India and beyond. 

About Indian Immunologicals Limited (IIL) 

Indian Immunologicals Limited headquartered in Hyderabad, India is one of the largest producers of vaccines in Asia. IIL was set up by National Dairy Development Board (NDDB) in 1982. IIL has multiple GMP manufacturing sites and exports to over 50 countries. IIL has a strong R&D pipeline and has launched several animals and human vaccines in the Indian market at affordable prices. IIL specializes in the development of various types of vaccines ranging from inactivated and live viral vaccines, polysaccharide conjugate vaccines, recombinant subunit vaccines, toxoid vaccines, and live bacterial vaccines. More details about the company can be viewed at www.indimmune.com.