Mahindra Lifespaces® Acquires And Parcel In Wagholi, Pune

~ Acquires 5.38 acres with a development potential of over 1.5 Million Sq.ft.

Mahindra Lifespace Developers Ltd. today announced that it has acquired 5.38 acres of land in the premier neighborhood of Wagholi in Pune. The land is estimated to have a development potential of over 1.5 million square feet of saleable area. 

Amit Kumar Sinha, Managing Director & CEO, Mahindra Lifespace Developers Ltd., said, “Wagholi is a high potential micromarket of Pune. It has a growing demand for high-quality residential spaces, ready to be absorbed. The proposed land parcel is located within a well-planned Kharadi-Wagholi micro-market, boasting a robust social amenities and civic infrastructure. This land acquisition reaffirms our commitment to Pune and is aligned with our strategy to further solidify our presence in the city's pivotal micro-markets.” 

The site is strategically situated in the upscale East Pune locality, surrounded with well-developed social infrastructure that includes top educational institutes such as Wellington College International, Euro School, and Poddar International school. Moreover, this project is located near major commercial hubs, such as the World Trade Centre and EON Free Zone. Additionally, it also enjoys close proximity to IT hubs in Viman Nagar, Magarpatta, and Hadapsar. 

About Mahindra Lifespaces Developers Limited

Established in 1994, Mahindra Lifespace Developers Ltd. (‘Mahindra Lifespaces’) brings the Mahindra Group’s philosophy of ‘Rise’ to India’s real estate and infrastructure industry through thriving residential communities and enabling business ecosystems. The Company’s development footprint spans 34.46 million sq. ft. of completed, ongoing, and forthcoming residential projects across seven Indian cities; and over 5000 acres of ongoing and forthcoming projects under development/management at its integrated developments

/ industrial clusters across four locations.

Mahindra Lifespaces’ development portfolio comprises premium residential projects; value homes under the ‘Mahindra Happinest®’ brand; and integrated cities and industrial clusters under the ‘Mahindra World City’ and ‘Origins by Mahindra’ brands respectively. The Company leverages innovation, thoughtful design, and a deep commitment to sustainability to craft quality life and business growth.

The first real estate company in India to have committed to the global Science Based Targets initiative (SBTi), all Mahindra Lifespaces’ projects are certified environment friendly. With a 100% Green portfolio since 2014, the Company is working towards carbon neutrality by 2040 and actively supports research on green buildings tailored to climatic conditions in India. Mahindra Lifespaces® is the recipient of over 80 awards for its projects and ESG initiatives.

Learn more about Mahindra Lifespaces® at www.mahindralifespaces.com

About Mahindra

Founded in 1945, the Mahindra Group is one of the largest and most admired multinational federation of companies with 260,000 employees in over 100 countries. It enjoys a leadership position in farm equipment, utility vehicles, information technology and financial services in India and is the world’s largest tractor company by volume. It has a strong presence in renewable energy, agriculture, logistics, hospitality, and real estate. The Mahindra Group has a clear focus on leading ESG globally, enabling rural prosperity and enhancing urban living, with a goal to drive positive change in the lives of communities and stakeholders to enable them to Rise.

Learn more about Mahindra on www.mahindra.com / Twitter and Facebook: @MahindraRise/ For updates subscribe to https://www.mahindra.com/news-room

SAP Labs India Opens Its Second New Office In Kharadi, Pune

* The office supports Hybrid Work model, underscoring SAP's employee friendly policy

SAP Labs India announced the opening of its second Pune office today. With the expansion, SAP Labs India will elevate its position as a strong employment provider in the Pune technology landscape. The new office will accommodate 300 professionals spanning over 30,000 square feet.

The inauguration of the new office in Pune marks a significant milestone for SAP Labs India and reflects the company's continued dedication to fostering growth and innovation within India's vibrant technology landscape.

On the occasion, Sindhu Gangadharan, SVP & MD of SAP Labs India, and Head of SAP User Enablement, said, “Our expansion to a new office in Pune underscores the city's rise as a vibrant hub for innovation and growth. SAP Labs India, Pune holds a pivotal position in our overarching growth strategy in the region, and our expanded presence in the city is a testament to continue fostering a workplace that truly empowers our people and focuses on their wellbeing.”

With an exciting office space, SAP Labs India promotes creative potential through "Pledge to Flex," emphasizing employee appreciation and a trusting, empowering workplace. The office space is designed to cater to diverse work styles and accommodates neurodiversity. It offers sensory-friendly areas, quiet zones, collaborative workspaces, and recharging stations. The office's design philosophy blends subtle hues with honest materials like timber and concrete, complemented by whimsical graphics to inspire creativity.

Located in Kharadi, SAP Labs India's Pune office symbolizes the company's dedication to nurturing innovation, fostering collaboration, and providing a supportive environment for its employees.

About SAP

SAP’s strategy is to help every business run as a sustainable intelligent enterprise. As a market leader in enterprise application software, we help companies of all sizes and in all industries run at their best: 87% of the world’s total global commerce touches an SAP® system. Our machine learning, Internet of Things (IoT), and advanced analytics technologies help turn customers’ businesses into sustainable intelligent enterprises. SAP helps give people and organizations deep business insight and fosters collaboration that helps them stay ahead of their competition. We simplify technology for companies so they can consume our software the way they want – without disruption. Our end-to-end suite of applications and services enables business and public customers across 25 industries globally to operate profitably, adapt continuously, and make a difference. With a global network of customers, partners, employees, and thought leaders, SAP helps the world run better and improve people’s lives.

For more information, visit www.sap.com

SIDBI And IPPB Enter Into MoU For Development Of Informal Micro Entrprises

India Post PaymentsBank (IPPB) and the Small Industries Development Bank of India (SIDBI) entered into a strategic partnership to promote extension of formal financial services and other support services to MSMEs, especially enterprises in rural and remote areas of the country. Shri Sivasubramanian Ramann, CMD SIDBI and Shri J. Venkatramu, MD & CEO, IPPB signed an MoU on October 11, 2023 in the august presence of Shri Vivek Joshi, Secretary, Department of Financial Services, GoI and Smt.Vandita Kaul, Member (Banking and DBT), Postal Services Board, Department of Posts, GoI. 

The partnership aims to leverage IPPB’s rural reach and deep connect with village level communities and SIDBI’s lending and credit risk assessment models in reaching to informal and micro enterprises in rural and remote areas as may be permitted under the extant regulations. IPPB shall also support SIDBI’s customers in digitising the payment mechanisms through its merchant onboarding system and collection solutions like UPI, QR based solutions, etc. The two Institutions will also undertake joint programmes to upgrade skills of Dak Sevaks in supporting credit and other services to micro enterprises. They will jointly work together to identify other areas of mutual interest and undertake the various activities to support MSMEs and MSME ecosystem across the country with special focus on informal micro enterprises. 

Along with signing of the MoU, announcements were also made for organising a hackathon involving the Fintech community for innovation in financial services in rural areas as also a Swavalamban Challenge Fund to promote rural livelihood enterprises. 

Speaking on the occasion, Secretary, DFS emphasised on the potential that the proposed partnership between SIDBI and IPPB holds in furthering the financial inclusion in the country, especially by targeting informal and micro enterprises in rural and remote areas. 

Member (Banking & DBT), PSB highlighted the efforts made by IPPB within a short span of time since its inception in promoting financial inclusion as also in digitising financial transactions to improve affordability and ease of access to the very small enterprise. 

Mr. Sivasubramanian Ramann, said “we look forward to a fruitful and meaningful partnership with  IPPB which can make a positive impact on millions of informal rural enterprises in the country by improving their access to financial services and  financial literacy.” 

Shri J. Venkatramu, MD & CEO, IPPB expressed the institutional desire to strengthen financial inclusion initiatives and looked forward to the partnership with the principal Financial Institution for MSMEs in the country.   

Photo Caption: Shri Sivasubramanian Ramann, CMD, SIDBI and Shri J. Venkatramu, MD & CEO, IPPB signs MoU for development of informal micro entrprises.

Empowering Vision: LG Electronics India's ‘KAREIN ROSHNI’ Initiative Illuminates Lives

* Partnering with six charitable hospitals in India, LG aims to aid 14,500 people through cataract surgeries

Ahead of World Sight Day, LG Electronics India proudly embarks on the next phase of its Corporate Social Responsibility (CSR) endeavour, "KAREIN ROSHNI: Light For Every Sight," aimed at transforming lives through comprehensive eye care and surgical interventions. This year's initiative marks a significant expansion of the program's reach as LG India collaborates with six new partners to support 14,500 cataract surgeries across India to amplify its impact.

Under the banner of "KAREIN ROSHNI," LG India has forged strategic partnerships with six esteemed hospitals across the country, thereby solidifying its commitment to improving eye care accessibility and eliminating preventable blindness. Through these partnerships, a projected total of 14,500 surgeries are anticipated to be performed during the fiscal year 2023-24 across India, a remarkable testament to LG's dedication to making a difference through six charitable hospitals namely - Dr. Shroff’s Charity Eye Hospital, Icare Eye Hospital, Noida (unit of Ishwar Charitable Trust), Sankara Eye Foundation (A unit of Sri Kanchi Kamakoti Medical Trust, H.V. Desai Eye Hospital (The Poona Blind Men’s Association), Sri Sankaradeva Nethralaya Guwahati (a unit of Sri Kanchi Sankara Health and Educational Foundation), Sri Akhand Jyoti (Yugrishi Shriam Sharma Acharya Charitable Trust).

Furthermore, the initiative encompasses a comprehensive awareness campaign about eye care to educate and empower individuals to take charge of their visual health. By promoting eye care awareness, LG endeavours to prevent avoidable blindness and enhance the quality of life for countless individuals across India.

Commenting on the initiative, Hong Ju Jeon, MD, LG Electronics India said, "At LG, our commitment goes beyond innovation – it's about illuminating lives. Building on the incredible response to the flagship initiative KAREIN ROSHNI, we're thrilled to take this forward on a bigger scale. With this initiative, we're not just offering vision, but also awareness, choices, and possibilities to the lesser privileged society. For over 25 years, we've constantly elevated lives, and our “KAREIN ROSHNI- Light For Every Sight” CSR initiative is another stride on that path. We extend heartfelt thanks to our partner hospitals for joining us in this noble cause."

Karein Roshni has been LG India’s one of the flagship CSR project. Under the aegis of this initiative, this year LG India has pledged to support 14,500 cataract Eye surgeries across India through 6 charitable Hospitals. As LG Electronics India continues to champion social responsibility through innovative initiatives like "KAREIN ROSHNI: Light For Every Sight," the company is set to reaffirm its dedication to creating a brighter, more inclusive, and healthier future for all.

About LG Electronics Home Appliance & Air Solution Company 

The LG Home Appliance & Air Solution Company is a global leader in home appliances, smart home solutions, air solutions as well as visionary products featuring LG ThinQ AI. The company is creating various solutions with its industry leading core technologies and is committed to making life better and healthier for consumers by developing thoughtfully designed kitchen appliances, living appliances, HVAC and air purification solutions. Together, these products deliver enhanced convenience, superb performance, efficient operation and compelling health benefits. For more news on LG, visit www.LGnewsroom.com. 

VOX India Showcases Innovative Interior Décor Products At Acetech Bangalore 2023

VOX India, a renowned name in the realm of building finishing materials, took the design world by storm, showcasing its range of innovative interior décor products at the recently concluded Acetech Bangalore 2023.

Acetech is Asia’s leading trade fair focused on architecture, interior design, building materials, and related industries. The exhibition endeavors to provide a comprehensive display of all aspects of architecture and design, putting a spotlight on the latest innovations in the space. Each year, Acetech plays host to eminent brands, architects, real-estate developers, hoteliers, equity investors, builders, engineers and designers, from India and across the globe. The event is organized by Asian Business Exhibitions & Conferences Ltd.

VOX India’s booth was a key highlight at Acetech Bangalore this year, exhibiting a wide and impressive range of the company’s products, including its Soffit ceilings, Facades and SPC Flooring. The VOX India booth was inaugurated on the first day of the trade show by renowned actress and model, Ms. Srinidhi Shetty.

Speaking about the event, Mr. Varun Poddar, Founder, VOX India, said “Acetech is the perfect platform for developers, product manufacturers, service providers from diverse areas of the design and architecture sector to showcase the revolutionary solutions that will shape the future of the space. VOX India is a brand that is at the forefront of delivering innovative and sustainable products to the design industry, and our presence at Acetech Bangalore significantly enhances our ability to engage with key stakeholders and further our mission to redefine interior décor.”

About VOX India:

VOX started its operation in India in 2018 with its flagship products – Infratop ceiling systems, Facade system, Kerradeco decorative wall system, SPC Flooring and Acoustic ceilings. VOX is a renowned European brand at the forefront of designing, manufacturing, and distributing furniture, home furnishings, and building materials. Since 1989, the Voelkel family, the driving force behind the brand, has established VOX as a symbol of independence, originality, and creativity in business. With a legacy of over three decades, VOX has now established a presence in India through its association with the former promoters of Ashirvad pipes. Founded in 1975, Ashirvad pipes, renowned as the largest CPVC and column pipe manufacturer globally, concluded its operations in 2018 after being acquired by the Aliaxis group.

Godrej & Boyce Launches 'Conscious Collective' An Annual Event To Redefine Sustainable Living Through Design

~ Exploring the Intersection of design and sustainability with 30+ creative visionaries to inspire, innovate and reshape a better future ~

Godrej & Boyce, a pioneer in driving sustainable practices in business, announced the launch of the Conscious Collective, a new platform that aspires to drive sustainability beyond the boardroom and into homes and communities of designers, architects and other professionals that hope to build a conscious future.

The Conscious Collective is a long-term initiative led by Godrej & Boyce that aims to herald a new era of design-led innovation with a strong focus on sustainable built spaces, use of conscious materials and the protecting the environment.

The Conscious Collective platform will kickstart in December with an annual 3-day event that will celebrate successes and individuals who are at the vanguard of reimagining a more sustainable future and often act as ambassadors to explore possibilities of a world that is healthier, greener and more sustainable for future generations.  

It will feature an annual showcase of celebrated minds and their work to fostering ideas by young professionals in the space through a fellowship programme and annual report on responsible choices that one can adopt, Conscious Collective is committed to shape a better future.

“With a rapidly growing economy, India can set an example for the world by  fast-tracking innovative design-driven solutions to champion sustainable living. It is crucial that now, all of us work together as a collective force towards meaningful and scalable actions to address the impending climate crisis”, said Mr. Jamshyd Godrej, Chairman and Managing Director, Godrej & Boyce.

Godrej & Boyce has been spearheading the integration of Sustainable Development Goals (SDGs) into business operations by consistently demonstrating that development and conservation do not necessarily have to be mutually exclusive. The balance can be optimised by consciously increasing the footprint of products that are better for the planet, processes that are circular and aim to reduce waste at every  step, creation of an ecosystem of partners and suppliers that can operate with these priorities and decades of protecting livelihoods and of blue carbon systems like the mangroves.

Nyrika Holkar, Executive Director, Godrej & Boyce said, “Pioneering progress has been our purpose for over a century and currently our progress will be defined by how we are able to combat climate change by integrating sustainability in the core business and not as an afterthought. It is the 98% and not the 2% that can really push the needle to being net zero. We hope to bring together professionals and experts to foster ongoing dialogues that bring new possibilities to shape a more conscious future for our children.”

The Conscious Collective is a meticulously curated experience, featuring immersive installations of conceptual spaces, thought-provoking exhibitions on materials,  special keynotes, and discussions with experts, as well as interactive workshops held over 3 days. The event promises to accelerate the journey towards conscious living. From professionals, the common man to children, there will be inspiration for all on this platform.

At the heart of Conscious Collective are strategic partnerships with key professionals and leaders in the fields of architecture, interior design, research, art, and design, as well as industry influencers who are instrumental in driving the event's core mission of promoting sustainable living practices. Among the acclaimed minds involved are Rahul Mehrotra, Anupama Kundoo, Brinda Somaya, Krittika Aggarwal, Mangesh Lungare, Madhav Pai, Karthik Ganesan, Liza Goldberg, Manoj Kumar and many more.

The event also features conscious brands such as Phool, Carbon Craft, Anuvad and more. Visit the site (https://consciouscollective.in/) for the program and collaborator details. Register Now

Follow the social media pages:

Instagram: https://www.instagram.com/godrejdesignlab/?hl=en

Facebook: https://www.facebook.com/GodrejDesignLab/

Don't miss the chance to be part of a transformative journey towards a sustainable future. Join us at the "Conscious Collective" and be a part of the change-makers, innovators, and dreamers shaping a brighter tomorrow for our planet.

About Godrej & Boyce:

Godrej & Boyce (‘G&B’), a Godrej Group company, was founded in 1897, and has contributed to India’s journey of self-reliance through manufacturing. G&B patented the world’s first springless lock and since then, has diversified into 14 businesses across various sectors from Security, Furniture, Aerospace to Infrastructure and Defence. Godrej is one of India’s most trusted brands serving over 1.1bn customers worldwide daily. For more information, visit www.godrej.com.

SAP Labs India’s 5th Edition Of Startup Social, A Collaboration Between SAP Startup Studio And Capgemini A Roaring Success

* 235 startups and 530 attendees featured the event

SAP Labs India recently hosted the 5th Edition of Startup Social in collaboration with Capgemini. The event acknowledges itself as an initiative fostering collaboration among industry leaders, startups, and customers to shape the future of Software as a Service (SaaS) and enterprise technology.

This year saw close to 285 start-ups founders participating in a richly curated one-day program with 10+ sessions and around 530 attendees, panel discussions and hand-on workshops, while engaging with their peers and learning from experts through mentor clinics, expert talks and more. Commencing in 2016, this event has not only emerged as a highly anticipated gathering but has also established itself as a unified platform for diverse stakeholders within India's vibrant startup ecosystem. From enterprises and startups to investors and thought leaders, this forum brings together a large group of collaborators under one roof.

The event was kicked-off by Sindhu Gangadharan, SVP and MD, SAP Labs India, where she highlighted the transformative potential of SAP Startup Studio and its significant influence within the Indian startup ecosystem. During the program, a series of enriching fireside chats and insightful panel discussions revolving around digital transformation and the evolution of modern startups were organized.

Among the many significant dignitaries present at the event, Sokrates Koutounidis, Vice President & Global AE for SAP at Capgemini, highlighted the partnership between SAP Labs India and Capgemini. Meanwhile, Dev Ramnane, Head - Early-Stage Startups, AWS, discussed the collaboration between AWS and SAP Labs India, whereas, Chaitanya Ramalingegowda represented Wakefit and provided insights as a valued customer of SAP, shedding light on the how to navigate success in a dynamic world. The day also featured other key luminaries from the Unicorn ecosystem in India such as Mabel Chacko (Open), Sudarshan Ravi (LetsTransport), Amuleek Singh Bijiral (Chaipoint) among others.

These engaging sessions fostered thought-provoking discussions and a wealth of knowledge exchange.

Addressing the audience at the event, Sindhu Gangadharan said, “India is the third largest startup ecosystem globally and will continue to grow exponentially with its large talent base in the region. Our commitment to innovation extends beyond SAP itself. Over the last 25 years, India’s startup community has been an integral part of SAP’s journey. We recognize the importance of startups in India's tech growth and support them by providing access to SAP's services, technologies, customers, partners and more. We are here to support startups thrive and SMEs succeed, contributing to India's ongoing tech evolution and economic growth in the digital era.”

Adding to Sindhu’s comments, Justin Paul, Head - SAP Startup Studio said, “The startup studio program facilitates growth-stage startups within the SAP ecosystem, fostering safe and collaborative expansion opportunities. Over the 12-month duration, our partners benefit from expert guidance encompassing industry, technical & Go-To-Market domains, nurtured under the guidance of the Product Management, Product Engineering teams at SAP Labs India and active collaboration with various sales & marketing teams from SAP India Market Unit. With 62 startups incubated to date and 22 engaged in co-innovation with SAP and over 50+ Joint Go-To-Market engagements as of 2023, we have facilitated a significant total of $150+ million in funding. Our commitment is to sustain and enhance this initiative, nurturing startups poised to drive transformative change.”

The 5th Edition of Startup Social stood as a testament to SAP Labs India's unwavering commitment to promoting innovation, fostering collaboration, and enabling startups to drive the digital transformation agenda in the region. Through initiatives like SAP Startup Studio, SAP Labs India continues to pave the way for a vibrant and forward-thinking startup ecosystem, poised to shape the future of enterprise technology.

About SAP

SAP’s strategy is to help every business run as a sustainable intelligent enterprise. As a market leader in enterprise application software, we help companies of all sizes and in all industries run at their best: 87% of the world’s total global commerce touches an SAP® system. Our machine learning, Internet of Things (IoT), and advanced analytics technologies help turn customers’ businesses into sustainable intelligent enterprises. SAP helps give people and organizations deep business insight and fosters collaboration that helps them stay ahead of their competition. We simplify technology for companies so they can consume our software the way they want – without disruption. Our end-to-end suite of applications and services enables business and public customers across 25 industries globally to operate profitably, adapt continuously, and make a difference. With a global network of customers, partners, employees, and thought leaders, SAP helps the world run better and improve people’s lives.

For more information, visit www.sap.com