Introduction Of Common “Online Dispute Resolution Portal” (ODR Portal) In The Indian Securities Market To Foster Investor Protection

Securities and Exchange Board of India (SEBI) has announced the introduction of “Common Online Dispute Resolution Portal” (ODR Portal). It aims to connect online conciliation and online arbitration for resolution of disputes arising in the Indian Securities Market. ODR Portal is designed to provide investors with a seamless and efficient platform for resolving disputes with market participants in the Indian securities market. 

The development of this ODR Portal named SMART ODR Portal – ‘Securities Market Approach for Resolution Through ODR’ is the culmination of extensive public consultations and dedicated efforts aimed at furthering the interests of investors. Recognizing the need for a streamlined and transparent dispute resolution mechanism, Market Infrastructure Institutions (MIIs) have collaborated under the guidance of SEBI to collectively enhance the existing dispute resolution process. 

The SMART ODR Portal is being made available for investors and Intermediaries on

https://smartodr.in/login . ODR Portal will be implemented in phases. First phase includes commencement of registering of complaints/disputes against stock brokers and depository participants w.e.f. August 16, 2023. 

The ODR Portal offers a user-friendly platform to file complaint/dispute for resolution through online conciliation and arbitration as per the below procedures: 

a) For any unsatisfied outcome of any grievance taken up with the market participant and further escalating through the SCORES portal; if the investor is still not satisfied, he/she can initiate dispute resolution through ODR portal after exhausting these options.  

b) Alternatively, investor/client may initiate dispute resolution through ODR portal, if the grievance lodged with the concerned Market Participant was not satisfactorily resolved or at any stage of the subsequent escalations mentioned in the point (a) above (prior to or at the end of such escalation/s). The concerned Market Participant may also initiate dispute resolution through the ODR Portal after having given due notice of at least 15 calendar days to the investor/client for resolution of the dispute which has not been satisfactorily resolved between them. 

The new ODR Framework will enhance transparency, fairness, and impartiality while rendering decisions, fostering trust in the dispute resolution process. 

NSDL believes that the SMART ODR Portal will significantly elevate the standard of dispute resolution facility available to investors. 

About NSDL (www.nsdl.co.in) 

National Securities Depository Limited (NSDL) is India’s first securities depository. It has played a key role in transforming the Indian securities market by facilitating holding and transfer of securities in dematerialised form. NSDL offers an array of value-added services to investors. NSDL is contributing to the Digital India drive in a larger way with its various internet and mobile based initiatives such as NSDL SPEEDe App, Digital LAS, APIs/Technology integrations, FPI monitor, IndiaBondInfo and many more. 

GOVO Launches Its Brand-New TWS GoBuds 445 At Just Rs. 1,299/-

* Indulge in a world of incredible sound with the brand-new GoBuds 445

Introducing GOVO GoBuds 445 True Wireless earbuds, the highly anticipated earbuds, poised to redefine the way we experience sound. This new addition to the earbuds category goes beyond previous limitations, completely transforming bass performance to offer an exceptional audio experience that is guaranteed to leave users in awe. Step into an unmatched realm of captivating sound as these brand-new TWS earbuds make their debut.

In 2022, the global market for earphones and headphones was worth USD 58,259.2 million. This value is expected to grow by 12.6% annually from 2023 to 2030, thanks to the rising demand for earbuds driven by technological advancements and convenience. Leading this trend, the GOVO GoBuds 445 earbuds are changing the way we experience sound, with its unique design, advanced sound quality, and strong bass. These earbuds also come with the latest Bluetooth V5.3 technology and features catering the requirements of the ever demanding market

Commenting on the launch of the GOVO GoBuds 445 True Wireless earbuds, Mr. Piyush Jalan, Co-Founder and COO of GOVO, shared his insights, stating, “We’ve taken a step beyond the previous version by enhancing the bass performance to provide an even more impressive audio quality. These highly anticipated earbuds offer a significant upgrade, ensuring even better music enjoyment with added features and better connectivity. The GOVO GoBuds 445 serves as a testament to our commitment, showcasing an unmatched design, remarkable sound quality, and skilful handling of music elements, all coming together to create an exceptional audio experience for our users”

Here are the salient features of the GOVO GoBuds 445 True Wireless earbuds:

Bluetooth V5.3: Enjoy seamless connectivity up to 30 feet away, coupled with convenient access to the Voice Assistant

Rich Sound: Experience a finely tuned sound that delivers impactful punch, even at a 20 Hz frequency

Water-Resistant: Crafted to endure water and splashes, these earbuds proudly boast an IPX5 water resistance rating.

Fast Charge: A mere 5-minute charge grants you an uninterrupted 120 minutes of music and call time

Voice Assistant: Effortlessly activate your Google or Siri voice assistant with a simple touch on your earbud

Super Touch Control:  Operate your earbuds with ease through intuitive touch control, leaving your device behind

Gaming Mode: Immerse yourself in your favourite games with the 50ms Low Latency mode, erasing lag for a seamless gaming experience

72 Hours Battery: Elevate your audio journey with an impressive 72 hours of playtime, made possible by the substantial 600mAh battery capacity

Quad Mic Enclosure: Elevate your entertainment with noise cancellation and effective background noise suppression, ensuring crystal-clear audio quality

The GOVO GoBuds 445 True Wireless earbuds is priced at Rs. 4,999/- and can also be easily purchased from Amazon at an introductory limited-time price of just Rs 1,299/- . This product comes with a one-year warranty and is available in the colour Platinum Black.

About GOVO:

GOVO is an emerging audio technology company that is making waves in the industry. With a passion for innovation and a commitment to delivering exceptional audio experiences, GOVO is quickly gaining recognition for its cutting-edge products. From wireless Bluetooth speakers to powerful soundbars, GOVO seamlessly integrates advanced technology with sleek designs to create immersive audio solutions. With a strong emphasis on quality, performance, and customer satisfaction, GOVO is poised to become a leading player in the competitive audio technology market.

SEL Tiger’s Inspiring Independence Day Digital Film Unveils “Drive To Cultivate Responsible Citizen Behavior”

* The Digital film #HarDayIndependenceDay is scheduled to run from 15th to 17th August 2023 

* The campaign for the digital film is being amplified across various digital media platforms such as Facebook, Instagram, Whatsapp, Twitter, and YouTube  

SEL Tiger, India’s leading TMT Re-Bars by Shyam Metalics, has unveiled an impactful digital film #HarDayIndependenceDay that encapsulates the essence of India as it celebrates its Independence Day. Aligned with the brand’s core principles of invoking national pride, this three-day campaign elegantly portrays a trajectory of responsible and responsive behaviour, contributing to a sense of unity and pride in India.  

Created and conceptualized by Madison Loop, this innovative digital film is poised to redefine the way citizens interact, advocating for responsible behaviour not just limited to Independence Day, but extending throughout the entire year.  

Through this film, SEL Tiger encourages every individual to play an active role in the advancement of society. This involves refraining from participating in the unfortunate culture of social media trolling, abstaining from character assassination, curbing the propagation of unfounded rumours, showcasing empathy towards fellow citizens, and placing the nation’s welfare above personal interests. In an age marked by unprecedented connectivity, SEL Tiger acknowledges the pressing need for nurturing a culture underpinned by empathy, respect and responsible conduct.  

Commenting on the digital film launch, Aneesh Mishra, Sr. VP -Sales & Marketing, Shyam Metalics said, “SEL Tiger invites citizens to join the movement towards responsible and responsive behaviour, thereby contributing to a harmonious and proud India. Let’s ensure that our commitment to our nation radiates throughout the year, making a lasting impact on society. By prioritizing the common good over individual gain, we can truly contribute to our nation’s growth and prosperity.” 

https://www.seltigertmt.com/hdid/  

Bank of Baroda Celebrates India’s “77th Independence Day” With Multiple Initiatives

- Organises Partition Horrors Remembrance Day exhibitions at 70 locations across the country  

- Participates in the Har Ghar Tiranga campaign 

- Takes the PanchPran pledge as a part of the Meri Maati Mera Desh campaign  

Bank of Baroda (Bank), one of India’s leading public sector banks, celebrated India's “77th Independence Day” with a range of initiatives nationwide.  

Shri Debadatta Chand, Managing Director & CEO, Bank of Baroda said, "As we celebrate India’s 77th Independence Day, Bank of Baroda reaffirms its commitment to the nation. The Bank has been a steadfast partner, supporting the country’s economic, social and Digital India agenda. We take immense pride in India’s transformative journey and look forward to continuing to contribute to the nation’s progress.” 

On Independence Day, the Bank organised a flag hoisting ceremony at its Corporate Office in Mumbai, and its offices across the country, which saw the enthusiastic and widespread participation by employees. Further, the Bank and its employees actively endorsed the Har Ghar Tiranga campaign under which citizens are encouraged to hoist the Tiranga at their homes and offices to invoke the feeling of patriotism.  

In the run-up to Independence Day, the Bank marked 14th August as "Partition Horrors Remembrance Day”, by setting up exhibitions at 70 key locations pan-India. The exhibition narrates the story of India’s Partition and acknowledges the suffering and pain experienced by citizens during the partition. The Bank invited prominent local dignitaries to inaugurate the exhibitions.  

As a part of the Meri Maati Mera Desh initiative, Bank of Baroda employees wholeheartedly took the PanchPran pledge along with handfuls of soil – demonstrating their loyalty, dedication and respect to the nation.  

<Zones/Regions may customise the release according to the events/initiatives organised by them at the Zonal/Regional level, chief guests invited etc.> 

Photo Caption :  Bank of Baroda’s Shri Debadatta Chand, MD & CEO and Shri Joydeep Dutta Roy, Executive Director with Commander Nozar Engineer, the Chief Guest for the function inaugurated the Partition Horrors Remembrance Day.

Finolex Cables Ltd., (Announces Positive Results For Q1 Of FY 2023-24

Finolex Cables Ltd., (FCL) at the meeting of its Board of Directors held approved results for the first quarter of the financial year 2023-24. 

Revenues for the quarter ended June 2023 were Rs.1204.3 Cr as against Rs.1015.7 Cr for the corresponding period in year 2022-23, representing a 19% growth in value terms. In volume terms, Electrical Wires increased by 29%, while Power Cables increased by 3%. Within Communication Cables segment, volume of metal-based products improved by 17% during the quarter while, Optic Fiber Cable volumes grew by over 50% during the quarter. Volume growth in new products within the FMEG was marginal due to continued inflationary pressures affecting consumer sentiment. 

Profit for the quarter, after taxes, was Rs.132.2 Cr, as compared to Rs.95.6 Cr in the previous year, an improvement of 39%.  

The Company’s expansion plans ie Preform Facility, OFC capacity expansion and E-Beam facility are on track. The E-Beam facility is expected to be operational in Q4 of this year while the others are expected to go live early next financial. 

ABOUT FCL  

Finolex Cables Limited is India's largest and leading manufacturer of Electrical and Communication cables.  Finolex offers a wide range of Electrical and Communication cables. Its wire and cable products are used in applications such as automobile, lighting, cable TV, telephone and computers to industrial applications touching every person in his daily life. Finolex has added Electrical Switches, LED based Lamps, Fans, low voltage MCBs, Water Heaters and Electric Irons to its range of products. 

PMJ Jewels Unveils The Exquisite SITARA Collection Along With Bengaluru’s Biggest Solitaire Exhibition

PMJ Jewels, South India’s most beloved fine jewellery brand, a name synonymous with elegance and craftsmanship, today launched their much-awaited “SITARA Collection” at their biggest and grandest Solitaire Exhibition in their flagship store at Jayanagar, Bengaluru. The exhibition starting from 16th of August will conclude on 20th of August. 

The five day exhibition will showcase various collections of PMJ Jewels including the newly launched SITARA Collection. The SITARA Collection represents a culmination of artistry, innovation, and heritage in designer diamond jewellery. Showcasing a range that has never been witnessed before, the collection is a testimony to PMJ Jewels’ commitment to delivering timeless pieces that reflect the grandeur of special occasions. From intricately designed necklaces to mesmerizing bracelets, each piece in the SITARA Collection narrates a story of love, beauty, and luxury.

SITARA collection was first show cased on Times Square followed by the grand launch at Hyderabad. 

Dr. Apoorva Pallam Reddy, Chief Guest for the event, expressed her excitement about the launch and exhibition stating, “I am truly honoured to unveil the exquisite SITARA Collection of PMJ Jewels at their biggest Solitaire jewellery exhibition happening at their flagship store in Jayanagar, Bengaluru. This collection represents the epitome of beauty and craftsmanship, and I am sure it will be a source of joy to all solitaire jewellery lovers. Super Star Mahesh Babu’s daughter Sitara becoming the face of this special collection is also a remarkable milestone for PMJ Jewels. I am super excited to be a part of this special occasion and also witness the magnificent solitaire creations handcrafted for posterity. I congratulate PMJ Jewels on their remarkable endeavour and wish them great success.”

Sharing his excitement amount the launch, Amey Karwarkar, PMJ Jewels Solitaire Head Senthil Kumar, PMJ South Director  said, “The SITARA Collection is the result of meticulous craftsmanship and a deep understanding of our customers’ desires. We are excited to bring forth a range that is not only visually stunning but also emotionally resonant. Each piece is a masterpiece, representing the journey of a lifetime. We are also happy to be launching this collection at our biggest Solitaire Exhibition. The 5 day exhibition will showcase  solitaires which carry a promise that resonates culture, traditions and generations”.

The launch of new SITARA Collection and Solitaire exhibition promises to be a visual treat, presenting guests with an opportunity to witness the fusion of tradition and modernity, all captured within the brilliance of diamonds. The Solitaire Exhibition, will showcase an array of dazzling solitaires, each possessing the power to captivate hearts and light up any occasion.

As a part of this auspicious occasion, the UB city Store of PMJ Jewels located at the 3rd floor of Park West Building, Vittal Mallya Rd, Bengaluru, UB City Mall, Bangalore will re-open welcoming the loyal jewellery enthusiasts of Bengaluru.

TECNO Showcases Its Signature Series At The World of Technology

Highlights innovation, technology excellence and an amplified focus on the Premium Segment

3-day tech extravaganza showcases its best-in-class product line-up for the festive season (11-13 August)

Unveils POVA 5 Series and MEGABOOK

TECNO Mobile – a global premium smartphone brand – is poised to host its much-awaited first edition of an annual event, ‘World of TECNOlogy’, from 11 to 13 August 2023 at DLF Avenue, New Delhi, unveiling the POVA 5 series and MEGABOOK laptop on its inaugural day. The first-ever technology event by TECNO in India will present its diverse range of futuristic products across all product lines and related AIoT categories. The brand will take forward this concept to all tier 1 & 2 cities across major states during the upcoming festive season.

TECNO aims to establish itself as an innovative technology-led brand providing customized solutions to meet the bespoke requirements of Indian consumers via its diverse range of smart devices. Since the beginning of 2023, TECNO has focussed on consolidating and enlarging its product portfolio for the mid-high segment, ranging from INR 20,000 to INR 1 lakh.

The World of TECNOlogy show serves as a unique platform to build connections with digital natives and tech enthusiasts while also augmenting its TECNO community. In its endeavour to build a strong community of followers among zillennials, TECNO is leading the charge in introducing premium technologies at the best value points, thereby democratizing the premium category of smart devices.

Arijeet Talapatra, CEO, TECNO Mobile India, commented, “Over the past six years, TECNO has made its presence felt across India. Exemplifying excellent quality, exquisite appearance and powerful performance, our product portfolio has been acclaimed by more than 20 million consumers. We place great importance on local manufacturing, R&D and talent acquisition for delivering best-in-class indigenous solutions such as the first Made-in-India foldable smartphone. The focus for 2023 is to fortify our product portfolio and make inroads into the premium and ultra-premium segments, led by the acclaimed Phantom and CAMON Series, which have garnered significant appreciation. Through this grand platform, we are now unveiling the much-awaited POVA 5 series and MEGABOOK, launching our festive offerings with a range of products to follow.’’

Commenting on the launch, Ranjit Babu, Director, Wireless & TV, Amazon India, said “With the onset of the festive season, we are taking our engagement with TECNO one step ahead and are pleased to announce the debut of the POVA 5 series in India that caters to the evolving needs of our customers. The smartphone boasts of a premium 3D-textured design with an LED Arc Interface that makes it a design marvel, like no other. Today’s launch reiterates our commitment to provide our customers with the widest smartphone selection across price points. ”

TECNO plans to utilize this platform for major launches every year, making it an annual technology extravaganza. Visitors will enjoy a first-hand opportunity to witness the latest additions to TECNO’s impressive line-up, including the PHANTOM and CAMON series, as well as the highly-anticipated POVA 5 Series and MEGABOOK laptop. Customers will also have a direct opportunity to use some of the technologies and products, otherwise available at select retail stores. With innovative showcase zones, the World of TECNOlogy promises to immerse customers in the technical prowess and functionality of its products.

The POVA 5 Pro boasts of a premium Arc Interface with a 3D-textured design, supporting RGB light gamut at the back for notifications, calls and music. Along with this, the phone features a segment-first 68W Ultra-Fast Charging feature. Its smooth performance is powered by the MediaTek Dimensity 6080 processor, 8GB + 8GB RAM and up to 256GB ROM. The device stands out as a true disruptor, providing power, speed, and improved capabilities that keep up with the pace of digital natives while providing an exceptional user experience.

Taking the first big step in the Indian AIoT ecosystem TECNO has unveiled the MEGABOOK laptop for Indian consumers today at World of TECNOlogy. MEGABOOK T1 presents an ultra-sleek 14.8mm design with robust performance with the Intel 11th Gen Processor (up to core i7), up to 16GB RAM, 1TB superfast SSD storage and a durable 70Wh battery.

The POVA 5 Series is set to make its debut on August 14, 2023, and will soon be available to customers through Amazon.in.

About TECNO

TECNO is an innovative technology brand with operations in 70-plus countries and regions across five continents. Since its launch, TECNO has been revolutionizing the digital experience in emerging global markets, relentlessly pushing for the perfect integration of contemporary, aesthetic design with the latest technologies. Today, TECNO has developed into a recognized leader in its target markets, delivering state-of-the-art innovation through a wide range of smartphones, smart wearables, laptops and tablets, HiOS operating systems and smart home products. Guided by its brand essence of “Stop At Nothing”, TECNO is committed to unlocking the best and newest technologies for forward-looking individuals. By creating stylish, intelligent products, TECNO inspires consumers worldwide to never stop pursuing their best selves and best futures.

For more information, visit TECNO’s official site: https://www.tecno-mobile.in/