Tata Simply Better Introduces A Premium Range Of 100% Pure & Unrefined Cold Pressed Oils To Elevate Everyday Cooking

Tata Consumer Products (TCP), the consumer products company uniting the principal food and beverage interests of the Tata Group under one umbrella, today announced its entry into the premium and rapidly growing category of Cold Pressed Oils.  Tata Consumer Products is launching a range of 100% pure and unrefined cold pressed oils under its brand ‘Tata Simply Better’

The Tata Simply Better Cold Pressed Oils collection features four flavoursome variants, each carefully crafted to offer excellent quality and taste:

Virgin Cold Pressed Coconut Oil

Cold Pressed Groundnut Oil

Cold Pressed Mustard Oil

Cold Pressed Sesame (Gingelly) Oil

Cold pressed oils have gained immense popularity due to their numerous health benefits and distinctive flavour profiles. Tata Simply Better Cold Pressed Oils are meticulously extracted using    the Cold Pressed technology, which mirrors traditional methods of oil extraction to ensure the preservation of vital nutrients, rich aroma, and authentic flavour. This distinct method yields edible oils that are suitable for everyday cooking.

"We are thrilled to introduce Tata Simply Better Cold Pressed Oils, a step towards transforming the way consumers approach their cooking habits," said Deepika Bhan, President, Packaged Foods- India, Tata Consumer Products. "By entering this category, we are aiming to redefine the norms and create a positive impact on the choices consumers make for their well-being. We understand the growing demand for nourishing alternatives and aim to provide an exceptional range of edible oils that not only helps promote overall well-being but also enhance the taste of your everyday meals. Tata Simply Better Cold Pressed Oils embody our promise of quality and purity, making them an essential addition to every household. This strategic launch not only reinforces Tata Consumer Products' position as a leading F&B company but also strengthens our portfolio by offering consumers nourishing options that they can trust and rely on."

Tata Simply Better Cold Pressed Oils are derived from A1 Grade Ingredients, carefully selected to ensure the premium quality and consistency.

Tata Simply Better forayed into the plant-based category with the launch of its plant-based protein products last year. This move has solidified Tata Consumer Products' commitment to providing high-quality products in line with consumer preferences. The launch of Tata Simply Better Cold Pressed Oils represents another milestone for Tata Consumer Products, further strengthening its promise of delivering “For Better” products that cater to the evolving needs of consumers.

The Tata Simply Better Cold Pressed Oils, made from 100% pure and unrefined ingredients, can be conveniently purchased from all major online marketplaces and the official Tata Simply Better website. These oils are competitively priced, with a range spanning from Rs. 325 to Rs. 699. 

For more information, visit: www.tatasimplybetter.com

About Tata Consumer Products Limited:

Tata Consumer Products Limited is a focused consumer products company uniting the principal food and beverage interests of the Tata Group under one umbrella. The Company’s portfolio of products includes tea, coffee, water, RTD, salt, pulses, spices, ready-to-cook and ready-to-eat offerings, breakfast cereals, snacks and mini meals. Tata Consumer Products is the 2nd largest branded tea company in the world. Its key beverage brands include Tata Tea, Tetley, Eight O’Clock Coffee, Tata Coffee Grand, Himalayan Natural Mineral Water, Tata Copper+ and Tata Gluco+. Its foods portfolio includes brands such as Tata Salt, Tata Sampann and Tata Soulfull.  In India, Tata Consumer Products has a reach of over 201 million households, giving it an unparalleled ability to leverage the Tata brand in consumer products. The Company has a consolidated annual turnover of ~Rs. 13,783 Crs with operations in India and International markets. 

For more information, visit https://www.tataconsumer.com/  

Union Education Minister Pradhan Announces To Establish Incubation Centre At IIM Sambalpur

Union Education Minister Dharmendra Pradhan suggested that IIM Sambalpur should help in the skill development of weavers, capacity building of farmers in the rural-based economy and capacity building of Panchayat Raj institutions. Shri Pradhan made a special announcement that an incubation centre for local young entrepreneurs will soon be set up at IIM Sambalpur. He also spoke about the significance of Sambalpur as the cultural hub of Odisha and envisioned IIM Sambalpur's pivotal role in transforming the region into an intellectual hub.  Union Education Minister further said that with prestigious establishments & institutions like Hirakud Dam, Sambalpur University, VIMSAR Medical College, VSSUT Engineering University and Gangadhar Meher University in the vicinity, the establishment of IIM Sambalpur is poised to further enhance the area's educational landscape.

Organized by the IIM Sambalpur, Union Education Minister was the Chief Guest at the Plantation Drive and Campus Tour. Shri Pradhan underlined IIM Sambalpur's pivotal role towards sustainable practices and environmental preservation.

On the occasion, Prof. Mahadeo Jaiswal, Director, IIM Sambalpur expressed his heartfelt gratitude to Union Education Minister for gracing the event and inspiring the students with his motivating words. He said that Shri Pradhan appreciated the modern classrooms introduced by IIM Sambalpur, which offer real-time information on the subjects to the students remotely located while the professor is writing on the board.

The day commenced with an early morning Plantation Drive where Shri Dharmendra Pradhan, along with Prof. Mahadeo Jaiswal, Director, IIM Sambalpur, led the initiative of planting of saplings by more than 500 students of IIM Sambalpur and nearby schools on the sprawling campus. Following the Plantation Drive, the union education minister participated in the Campus Tour and interacted with the faculty member and students of the premier B-School. The tour provided valuable insights into the institute's state-of-the-art infrastructure, academic facilities, and research centres.

The event garnered active participation from faculty members, staff, students, and representatives from various schools in the region.

About IIM Sambalpur:

Welcome to Indian Institute Of Management SambalpurIIM Sambalpur is one of the premier management institutions in the country and is widely known for its quality education. Located in Sambalpur, Odisha, the institute is committed to providing excellent management education, harbouring a sense of entrepreneurship, and developing socially responsible leaders.  IIM Sambalpur is known for its 2-year flagship MBA programme and admissions are held via CAT along with 8 other IIMs. IIM Sambalpur cut-off is 92 percentile. IIM Sambalpur MBA fee is INR 13.04 Lakh, whereas IIM Sambalpur's average package stood at INR 16.64 LPA and IIM Sambalpur's highest package stood at INR 64.61 LPA for the 2023 batch.

RBL Bank Marks 80th Foundation Day With ‘Project Khwaish’ – An Initiative To Support Underprivileged Girls Fighting Cancer

On its 80th Foundation Day, RBL Bank, one of India’s leading private sector banks – proudly unveiled ‘Project Khwaish,’ an earnest social initiative dedicated to providing cancer treatment and care for underprivileged girl-children. In partnership with Tata Memorial Hospital, this noble project is aiming to benefit 80 girl-children with comprehensive cancer care support valued at a total cost of Rs. 3.20 crore.

With the first phase inaugurated at Tata Memorial Hospital located in Mumbai and Varanasi, girl-children from all states of the northern, western and eastern regions can avail of this treatment.  Subsequent phases are scheduled to be launched in association with Adyar Cancer Institute in Chennai, where it will support girl-children from all southern states of India and Narayana Hrudayalaya Charitable Trust located in Bengaluru, Delhi and Kolkata, which will provide treatment to Jammu & Kashmir, Delhi, southern and eastern India.

According to a study conducted by the National Cancer Institute in July 2021, out of 50,000 children diagnosed with cancer, only 15,000 opt for treatment. From the remainder, the number of girl-children being denied treatment is on the higher side, indicating a traditional bias against the girl-child. If childhood cancer is detected early, the recovery rate can be as high as 85%. Project Khwaish aims to bring about a positive and transformative impact with a primary focus on providing essential medical care and support throughout their cancer treatment journey.

R Subramaniakumar, MD & CEO, RBL Bank, said, “The 80thFoundation Day is a momentous occasion and we are incredibly proud to launch ‘Project Khwaish’, a heartfelt initiative dedicated to delivering cancer treatment and care to underprivileged girl-children. At the heart of this endeavour lies our firm belief that every child deserves access to top-notch healthcare. Through this small step, we reaffirm our commitment to fulfilling this noble cause. With 'Project Khwaish,' we aim nurture a promising and healthier future for the children”

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 & Treasury and Financial Markets Operations. It currently services more than 12 million customers through a network of 516 branches; 1,168 business correspondent branches (of which 298 are banking outlets) and 413 ATMs (total customer touchpoints: 2,097) spread across 28 Indian states and Union Territories

RBL Bank is listed on both NSE and BSE (RBLBANK).    

Digital Firm iOPEX Technologies Unveils New “AI Framework”

* Online: Unveiling iOPEX.AI: Empowering Enterprises with a Cutting-Edge AI Framework 

~ This comprehensive solution will aid intelligent decision-making, enhance customer experiences, and fuel business growth ~ 

iOPEX Technologies, a global leader in digital transformation and technology services has launched iOPEX.AI, an advanced enterprise AI framework that enables businesses to re-invent themselves. The framework with five stages – discover, evolve, leverage, transform and accelerate - will enable businesses to deliver transformative solutions.  

Sharing details about the new offering, Shiva Ramani, CEO, iOPEX Technologies said, “Digital advancements and innovations had led to the extraordinary growth of the Indian tech industry. Generative AI has the potential to transform software development but at the same time software developers must leverage this technology while embracing the guardrails. It has been predicted that AI-driven development will be responsible for 80% of the code written by 2024, as per the survey conducted by Gartner. Adopting AI with guardrails is the only silver bullet to thrive.  We have launched a customer innovation fund to help customers begin their re-invention with AI.”  

iOPEX Technologies delivers AI solutions with an insight-led experience architecture. Our AI platform ElevAite enables enterprise content that is available in all different formats to be vectorized so that it can be consumed by AI Models.  This transformed data is harnessed for advanced solutions, unprecedented insights are extracted from vast data troves, and this empowers AI models for informed decision-making, custom AI models are constructed which elevates the business efficiency and smart apps which accelerate enterprise-wide AI activation with a flexible framework addressing design and run-time needs are built.  

The journey of the client begins with them discovering the boundless possibilities of generative AI as iOPEX engages with business leaders to uncover essential use cases that align with their objectives. The client’s operation processes are evolved and redefined to deliver total customer and employee experiences. Next, the enterprise data is leveraged to identify lucrative ways for generating AI to optimize operations, experience and accelerate growth. The organisation’s future is transformed with smart applications across business functions. Finally, a robust AI workbench is built which accelerates the evolution of employees and the customer experiences. This also speeds up production and deployment of AI powered applications.  

With already successful implementations across multiple business functions from Lead to Cash, Procure to Pay and Customer Success, iOPEX aims to empower enterprises to unlock their full potential through digital innovation and iOPEX.AI marks a significant step forward in this journey by providing organisations with a comprehensive AI framework.  Simplicity and scalability are the major strengths of this model which will help in building enterprise AI solutions from the ground upwards.  iOPEX.AI is a strategic investment by iOPEX which would help businesses stay updated and relevant in the fast-changing digital world.  

The Science Based Targets Initiative (SBTi) Confirms Vitesco Technologies GHG Emissions Reduction Targets

* Rigorous evaluation methodology: the SBTi ensures that targets are consistent with scientific findings 

* Collaboration between CDP, the United Nations Global Compact, World Resources Institute (WRI) and World Wide Fund for Nature (WWF) and one of the We Mean Business Coalition commitments 

* Important milestone on the road to decarbonization 

The ambitious emissions targets of Vitesco Technologies, a leading international supplier of modern powertrain technologies and e-mobility solutions, have now also been officially validated by the Science Based Targets initiative (SBTi). The associated certification demonstrates Vitesco Technologies’ commitment to climate change mitigation while also ensuring that it is in line with the objectives of the Paris Climate Agreement and stands up to scientific scrutiny.  

“Validation of our greenhouse gas (GHG) emissions reduction targets by the Science Based Targets initiative represents an important milestone in our climate journey,” explains Ingo Holstein, Executive Board member for Human Relations and chairman of Vitesco Technologies’ Sustainability Committee: “We are proud to be part of the global movement of companies that are actively combating climate change and wish to be measured on the basis of their statements.”  

Through a rigorous evaluation methodology and scientific investigation, the SBTi ensures that established goals are consistent with the best available scientific evidence. This is a joint initiative of CDP, the United Nations Global Compact, World Resources Institute (WRI) and World Wide Fund for Nature (WWF) and is one of the We Mean Business Coalition commitments. Its aim is to help companies around the world contribute toward limiting global warming to 1.5 degrees Celsius above pre-industrial levels. 

Accordingly, Vitesco Technologies is committed to reducing its own operational GHG emissions (Scope 1 and 2) by 100 percent by 2030. Vitesco Technologies is also committed to a 25 percent reduction in absolute Scope 3 greenhouse gas emissions by 2030, taking 2021 as a baseline. The SBTi’s assessment in accordance with the V5 standard has confirmed that the Group’s proposed emissions reduction trajectory is consistent with the Paris Climate Agreement’s 1.5 degrees Celsius target, currently the most ambitious target in the SBTi process.  

At Vitesco Technologies, sustainability is already embedded at the heart of its corporate strategy. Beyond science-based targets, Vitesco Technologies aims to achieve net-zero GHG emissions by 2040. Three key levers for decarbonization are the electrification of the product portfolio, life-cycle engineering, and carbon neutrality in the company’s own processes. This means eliminating materials, activities and processes that cause emissions to the greatest possible extent, or at least reducing or substituting them. 

AU SFB Becomes India’s First Bank To Provide “24x7 Video Banking Service”

*Revolutionizing banking services as per customer’s convenience and personalization, anytime, anywhere 

Transforming the landscape of banking services, AU Small Finance Bank (AU SFB), India's largest SFB, has achieved an unprecedented feat with the launch of its groundbreaking customer service “24x7 via Video Banking”.  

A trailblazer in the financial sector, AU Small Finance Bank proudly becomes the pioneer in India to introduce tailor-made video assisted branch-like experience, delivering a seamless banking right at customers' fingertips, regardless of time or location (seven days a week). This service provides a virtual platform where customers can communicate with a video banker in real-time via video calls, like video conferencing.  

Security stands paramount in the realm of Video Banking, with AU Small Finance Bank raising the bar with advanced encryption, AI-powered facial recognition, OTP and signature verification, and video validation. Every transaction and confidential piece of information is meticulously safeguarded, ensuring customers can engage with the platform with the utmost confidence. 

Now, AU SFB’s customers could revel in the convenience of services such as real-time account support, demographic updates, hassle-free financial transactions, effortless loans and Credit Card inquiries, efficient issue resolution related to all banking relationships, and beyond. 

AU SFB’s Video Banking transcends the conventional, catering effortlessly to a diverse spectrum of customer segments within the domestic market. In essence, AU’s 24x7 Video Banking extends the reach of banking services to areas with limited infrastructure and resources, offering a convenient and personalized banking experience that addresses the unique needs of tech-savvy millennials, new to banking customers, busy professionals, and senior citizens alike. 

Encapsulating the bank’s digital first vision, Mr. Uttam Tibrewal, Executive Director, AU Small Finance Bank said, “AU Small Finance Bank's foray into round-the-clock Video Banking represents a paradigm shift in modern banking. Even on holidays and weekends, AU’s dedicated team would ensure face-to-face, human-centric interactions, underscoring the bank's commitment to enhancing nationwide banking experiences. We empower our customers in this digital epoch by elevating accessibility and convenience to unparalleled heights.” 

Since its inception in 2021, Video Banking platform has enjoyed an overwhelming response, with an ever-growing number of customers across the nation embracing the tailored convenience and personalized support it offers. Notably, the most sought-after services through Video Banking include starting new Savings Account, Current Account and Credit Card relationship; getting all service-related resolutions; financial transactions; and end-to-end relationship management, drawing in a dedicated cohort of Lakhs of active users. Bolstered by an unwavering commitment to excellence, AU Small Finance Bank continuously augments and enriches its offerings, extending a multitude of benefits to its esteemed clientele. 

NEC Corporation India To Pioneer Intelligent Transportation System In UPSRTC Buses

* Project Supported by Nirbhaya Fund is a Milestone in Transforming Public Transport in Uttar Pradesh

NEC Corporation India (NEC India), a wholly owned subsidiary of NEC Corporation Japan, today announced that it has been selected as the master system integrator by Uttar Pradesh State Road Transport Corporation (UPSRTC) for the Vehicle Location Tracking-Passenger Information System (VLT-PSIS) project under the Nirbhaya fund of the Government of India. This ambitious project is aimed at resolving the critical issue of safety in buses and enhancing the overall travel experience of passengers traveling in UPSRTC buses through advanced cutting-edge technologies, such as live tracking of buses in an Integrated Command Control Centre (ICCC).

Under this project, AIS 140-based Vehicle Location Tracking (VLT) devices and emergency safety buttons will be installed across the majority of UPSRTC buses along with tracking of its entire fleet on the Uttar Pradesh state tracking platform. Large display screens will also be installed in around 100 major bus stations across the state to provide up-to-date real-time information to passengers.     Alongside the implementation of a well-equipped state-of-the-art ICCC solution at UPSRTC headquarters in Lucknow, 20 regional viewing centers will also be established in regional headquarters of the UPSRTC. The scope of the project also includes setting up of a cloud platform to host and deploy various software applications, including a Fleet Management System, Route Management System, and Passenger Information System which will support the monitoring of the bus fleet, optimizing its routes and offering real-time information to support safety and a more personalized experience for passengers through a mobile app. 

“The government has been working tirelessly over the last few years to create more advanced, smart, digitally-enabled, and above all, safe conditions. This project by UPSRTC is a significant extension of this effort, wherein we envision making public transport in Uttar Pradesh not only comfortable, convenient, and efficient, but safe for all members of the community,” said Shri Yajuvendra Kumar, General Manager (IT) UPSRTC.

“Out of the bids that we received, NEC India was the most experienced and competitive. As a leader in Integrated Transportation Systems, NEC India has successfully implemented many similar bus projects in India and the Middle East. We are excited to partner with NEC for this ambitious project and look forward to a successful launch of services,” he added. 

Talking about the project, Pankaj Bhatia, General Manager (Transportation Business), NEC India said, “As India makes huge strides in becoming a digitally enabled nation, it is crucial that our transport systems also become more equitable and smarter with time. At NEC, our endeavor has always been to make the lives of citizens safer and smarter through our cutting-edge technology solutions. We are extremely proud to be among the few solutions providers who are working towards this goal of digitally transforming the transportation sector in India. We are humbled by the trust placed by UPSRTC upon us to carry out this prestigious project. Given the domain expertise we have amassed over the years, from having deployed similar projects in other cities, both domestic and global, we are confident that we will be able to replicate similar success to UPSRTC as well.” 

NEC has already implemented similar large-scale projects across cities such as Ahmedabad, Surat and Hubballi Dharwad in India, as well as Makkah (Kingdom of Saudi Arabia) & Mowasalat (Qatar) in the Middle East, establishing its domain expertise throughout international markets. 

About NEC Corporation India (NEC India)

NEC is a leader in the integration of IT and network technologies and brings more than 124 years of expertise in technological innovation to provide solutions for empowering people, businesses, and society. Headquartered in Japan, NEC started operations in India in the 1950s, accelerating its growth through the expansion of business to global markets. NEC in India expanded its business from telecommunications to public safety, logistics, transportation, retail, finance, unified communication, and IT platforms, serving across governments, businesses as well as individuals. With its Centre of Excellence for analytics platform solutions, big data, biometrics, mobile and retail, NEC in India offers innovative new services and solutions for India and global markets.