National Securities Depository Limited Gets “GLEIF Accreditation For Legal Entity Identifier (LEI) Issuance In India”

NSDL will start offering LEI service including new LEI registration, LEI renewal and LEI transfer to business entities from January 16, 2024.  

The Legal Entity Identifier (LEI) code has been conceived of as a key measure to improve the data quality accuracy of financial data system for better risk management post the global financial crisis. The LEI is a 20-character, alpha-numeric code based on the ISO 17442 standard developed by the International Organization for Standardization (ISO). It connects key reference information that enables clear and unique identification of legal entities participating in financial transactions and contains information about an entity’s ownership structure. 

The LEI is not only a regulatory requirement for the business entities engaged in various kind of financial transaction, but it also helps entities to Improves transparency and reduces risk in financial transaction, facilitates cross-border trade and builds trust with customers and partners. 

Ms. Padmaja Chunduru, MD & CEO of National Securities Depository Ltd (NSDL) said: We are pleased to announce that NSDL has received the accreditation from GLEIF to start LEI services. NSDL, having a proven track record of providing seamless depository services in financial market, will facilitate business entities obtain LEIs smoothly besides enabling them to meet their regulatory requirements. NSDL in collaboration with GLEIF will strive to expand and strengthen LEI network in India. 

Mr Stephan Wolf, CEO of GLEIF said:  "GLEIF's accreditation process involves a comprehensive assessment of organizations seeking to function as LEI issuers and custodians of LEI reference data within the Global Legal Entity Identifier (LEI) System. The achievement of Global LEI System membership through GLEIF accreditation serves as a globally recognized symbol of a firm's unwavering commitment to data accuracy and exceptional customer service. GLEIF eagerly anticipates a collaborative and fruitful partnership with NSDL in their accredited role as an LEI issuer." 

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. 

Greenply Unveils Soulful Song By Udit Narayan “Humein Aage Badhna Aata Hai”

* The official song of the second edition of Hindustan ki Shaan honours the craft of carpentry in building beautiful spaces across India 

Greenply proudly announces the release of the heartfelt song "Humein Aage Badhna Aata Hai", sung by the legendary Padma Bhushan awardee, Shri Udit Narayan, as the official anthem for the second season of Hindustan ki Shaan awards. The song, composed by acclaimed music composer Nilotpal Bora, captures the indispensable role of carpenters in designing beautiful spaces around us.  

"Humein Aage Badhna Aata Hai" is a lyrical celebration of the indispensable role played by carpenters in shaping the spaces we occupy. The song encapsulates the spirit of growth within the carpenter and contractor community, highlighting their hard work and success. The resonating lines, "Humne badla hai khudko, humein badlav lana ata hai," serve as a testament to the transformative journey undertaken by these skilled artisans. The accompanying video visually narrates the inspiring tale of contractors and carpenters, diligently working to bring the dreams of homeowners to life. Through the fusion of technology and inventive solutions, the craftsmen breathe life into the visions of these homes.  

With Hindustan ki Shaan Season 2, Greenply is set to honour exceptional craftsmanship and spotlight outstanding contributions in interior design. The season promises to be a grand celebration, applauding hard work and skills of contractors and carpenters nationwide.  

Going beyond recognition, Greenply aims to cultivate camaraderie within the carpentry community, fostering a space for the exchange of innovative ideas and practices. Hindustan ki Shaan awards is a tribute to the heartbeat of the interior design industry, exemplifying the brand's unwavering commitment to recognizing and celebrating the tireless efforts of contractors and carpenters who embody a progressive outlook toward growth.  

Mr. Manoj Tulsian, CEO & Joint Managing Director of Greenply Industries, shared his perspective on the launch, stating, "This song is an ode to the craftsmanship of the carpenter community that not only builds structures but also weaves stories. The second season of 'Hindustan ki Shaan' awards signifies our commitment to recognizing the unsung heroes of the interior design industry. It is our privilege to salute their unwavering dedication to their craft." 

To experience and celebrate the craftsmanship of carpenters, listen to the official song of Hindustan ki Shaan Season 2. Click here to listen to Humein Aage Badhna Aata Hai” 

About Greenply Industries Limited: 

Greenply Industries Limited (GIL), has a leadership position in the plywood industry with four state–of–the–art manufacturing facilities spread across the country. The Company provides world-class interior products for the domestic and global markets including Plywood, MDF, Block board, Flush doors, Decorative Veneers and PVC products. The company has a widespread presence in over 1100 cities, towns, and villages across 27 states and 6 union territories, serviced through a well-entrenched distribution network of more than 2,300 dealers and authorized stockists, a retail network exceeding 6,000 and more than 50 physical and virtual branches pan-India. Greenply pushed the bar of our innovation to pioneer India’s first-of-its-kind E-Zero plywood range in FY21. The Company added another feather to its cap by publishing its first sustainability report for FY22, the first of its kind in the wood panel industry. Greenply has been conferred with Great Place to Work third year in a row (2020, 2021, 2022) for its contribution to building High-Trust and High-Performance Culture in the organization. 

Sify Technologies To Announce Financial Results For Third Quarter FY 2023-24 On January 18, 2024

Sify Technologies Limited (NASDAQ: SIFY), India’s leading Digital ICT solutions provider with global service capabilities spanning Data Center, Cloud, Networks, Security and Digital services, today announced that it will report its unaudited IFRS financial results for the Third quarter ended December 31, 2023 on Thursday, January 18, 2024 before the market opens. 

In conjunction with the announcement, Sify will host a conference call at 8:30 AM ET with Mr. Raju Vegesna, Chairman of the Board, Mr. M P Vijay Kumar, Executive Director & Group CFO, and Mr. Kamal Nath, Chief Executive Officer. Interested parties may participate by dialling +1-888-506-0062 (Toll Free in the U.S. or Canada) or +1-973-528-0011 (International), which will also be simultaneously broadcast live over the Internet at www.sifytechnologies.com/investors or https://www.webcaster4.com/Webcast/Page/2184/49670

Please allow extra time prior to the call to visit the site and download the streaming media software required to listen to the Internet broadcast.

The online archive of the Webcast will be available shortly after the conference call, or investors can listen to the replay by dialling +1-877-481-4010 (Toll Free in the U.S. or Canada) or +1-919-882-2331 (International) and entering the replay passcode 49670. Please allow for some time post-conference call to access the archive of the Webcast. The replay is available until January 25, 2024.

About Sify Technologies

A Fortune India 500 company, Sify Technologies is India’s most comprehensive ICT service & solution provider. With Cloud at the core of our solutions portfolio, Sify is focused on the changing ICT requirements of the emerging Digital economy and the resultant demands from large, mid and small-sized businesses. 

Sify’s infrastructure, comprising state-of-the-art Data Centers, the largest MPLS network, partnership with global technology majors, and deep expertise in business transformation solutions modelled on the cloud, make it the first choice of start-ups, SMEs and even large Enterprises on the verge of a revamp.

More than 10000 businesses across multiple verticals have taken advantage of our unassailable trinity of Data Centers, Networks and Security services and conduct their business seamlessly from more than 1600 cities in India. Internationally, Sify has a presence across North America, the United Kingdom and Singapore.

Sify, Sify Technologies, Sify Infinit Spaces and Sify Digital Services are registered trademarks of Sify Technologies Limited.

Motorola Launches Motorola razr40 Ultra And edge40 neo In The Pantone Colour Of The Year 2024 – Peach Fuzz!

Motorola is the first smartphone brand in the world to launch its products in the PANTONE™ Color the year 2024. 

This marks the second year of Motorola’s exclusive collaboration with Pantone, focusing on the importance of building connections and empowering self-expression for consumers.  

The motorola razr40 ultra and motorola edge40 neo go on sale in PANTONE™ Color the year 2024, Peach Fuzz starting 12th Jan on Amazon and Flipkart respectively. 

The motorola razr40 ultra is the most advanced flip phone with world’s largest, external display. It will be available at a special limited period pricing of Rs. 69,999 from 12th Jan on amazon, motorola.in and leading retail stores.The motorola edge40 neo is the World’s Lightest phone with IP68 rated underwater protection and a 144Hz 10-bit curved display. It will be available in 2 variants – 8GB+128GB at Rs. 22,999 and 12GB+256GB at Rs. 24,999 on Flipkart, motorola.in and leading retail stores. 

Motorola, India’s best 5G smartphone brand and PANTONE™, the global colour authority, have teamed up for the second year to create devices in the Pantone Color of the Year.Motorola is the first and only smartphone brand to have a multi-year exclusive collaboration with PANTONE™, in line with its commitment to differentiate with design & colours while enriching people’s lives through meaningful innovation.  

This year marks the 25th anniversary of the Pantone Color of the Year program with the chosen color PANTONE™ 13-1023 Peach Fuzz. A velvety gentle peach hue, Peach Fuzz has a cozy, tender essence that embodies feelings of togetherness, community, and collaboration. The new Color of the Year, PANTONE 13-1023 Peach Fuzz, aligns beautifully with Motorola’s pillars of inclusion and making technology more accessible for all.  As technology becomes intertwined with humanity, we trust color to provide a tool for expression and deeper, more meaningful experiences with our devices. The Color of the Year 2024 does this by blending our virtual worlds with our desire for warmth, togetherness and compassion. The motorola razr40 ultra and motorola edge 40 neo have been chosen as world’s 1st smartphones to launch to represent this colour, one that reinforces the importance of human connection, as do the devices.   This collaboration with PANTONE™ strengthens Motorola’s mission to make technology more accessible and help consumers use technology to connect intentionally.  

Built for connection and collaboration, the new motorola razr40 ultra in Peach Fuzz lets stylish and expressive individuals stand out from the crowd. With its iconic flappable design, the razr40 ultra boasts the world's largest external 3.6-inch Poled display with its fastest 144Hz refresh rate, with 1100nits peak brightness. This flip phone is super slim when folded and has a gapless design, owing to its industry’s 1st dual axis teardrop hinge design thus ensuring the phone is also infinitely flexible at multiple flex angles. When opened, the phone has a nearly creaseless 6.9” polled display with up to 165Hz refresh rate and 1400nits of Peak brightness. This iconic flip phone is equipped with a powerful Snapdragon® 8+ Gen 1 SoC, ensuring a seamless experience. The razr40 ultra transcends generations and demands attention, exemplifying the harmonious Pantone Color of the Year 2024. 

Customers can now grab the industry’s most advanced flip-phone, the razr40 ultra at an unbelievable offer price of just Rs. 69,999 including the limited-period flat discount of Rs. 10,000. To make the flip phones even more affordable and accessible to consumers, motorola also offers No Cost EMI for 3,6 and 9 months from leading banks starting just Rs7,778/month. The new Peach Fuzz color variant will be available on amazon, motorola.in and leading retail stores starting 12th Jan 2024.  

The motorola edge 40 neo is a device that puts color at the center of design. And the PANTONE Peach Fuzz hue in vegan leather beautifully complements the device’s warm and contoured design. The smartphone is the world’s lightest 5G phone with IP68 underwater protection, making it impervious to dust, dirt, sand, and even a 30-minute submersion in 1.5 meters of fresh water. Furthermore, its 144Hz 6.55-inch pOLED curved display with support for a billion colors and impressive peak brightness and is complemented by a 144Hz refresh rate which makes the UI super smooth and fluid. The motorola edge 40 neo is also a processing powerhouse, boasting the World’s 1st MediaTek Dimensity 7030 lightning-fast processor which is a 6nm chipset supporting Wi-Fi 6E for incredible speeds and has MediaTek HyperEngine™ game technology for the best gaming experience.  

The headturner - motorola edge40 neo, in the new Peach Fuzz color will be available on Flipkart, motorola.in and leading retail stores, starting Rs. 22,999 , 12th Jan 2024 onwards.  

Both devices were designed with connection and personality at the center and offer features that were developed to enhance our common humanity. These include our latest software experiences, Moto Unplugged and Family Space. Both of these apps embrace the balance between connectedness and rest, security, and boldness. 

Motorola is also offering numerous software such as Moto Unplugged and Family Spaces. The recently introduced Moto Unplugged software experience helps users achieve a better balance with their smartphones. Backed by research and insights, Motorola is introducing Moto Unplugged to help consumers take a break from the distractions of their phones. This feature centers around the importance of taking mindful breaks from our device to be more present with ourselves and those around us. It lets users create their own oasis without totally disconnecting, so they can relax and stay in control. With Moto Unplugged, users can enter a special mode, allowing them to tailor a break time to meet their individual needs. The Family Spaces feature allows a Motorola user to remotely control another Motorola smartphone user's screen for remote guidance, selecting the interface of certain apps, exercising parental control, and managing the timing of other users, especially kids, using the apps.   

To know more about the Motorola + Pantone association visit: https://www.motorola.in/pantone 

Availability and Offers 

Motorola razr40 Ultra 

Original Price : Rs 79,999 

Exclusive Limited Period Discount : Rs 10,000 

Net Effective Price : Rs 69,999 

To Know More and Buy motorola razr40 ultra – https://www.amazon.in/dp/B0CQ2C1L58 

Motorola edge40 neo 

8GB + 128GB variant: Rs 22,999 

12GB + 256GB variant: Rs 24,999 

To Know More and Buy motorola edge40 neo – https://www.flipkart.com/motorola-edge-40-neo/p/itm6fb5c2c795a3d?pid=MOBGW6JJ4ZJHVGXE 

o9 Solutions Grows Annual Recurring Revenue By 47% In 2023

* Q4 2023 marks a new record for ARR added in a quarter and is the 18th consecutive quarter of year-over-year ARR growth for o9

o9 Solutions, a leading enterprise AI software platform provider for transforming planning and decision-making, today reported that its annual recurring revenue (ARR) in 2023 grew 47% year-over-year. Q4’23 marks a new record for ARR added in a quarter, and is the 18th consecutive quarter of year-over-year ARR growth for o9. The growth was driven by marquee clients across multiple industries, including retail, consumer electronics, food and beverage, medical devices, and automotive OEMs, which demonstrates the power and flexibility of o9’s AI-driven Digital Brain platform for integrated business planning.

o9 also implemented 70-plus go-lives at numerous well-known brands across sectors, including soft lines, food and beverage, pharmaceutical, consumer electronics, automotive and more, allowing clients across the globe to benefit from the adoption of the Digital Brain platform to drive better planning and decision-making based on AI/ML technologies.

o9’s existing investors, led by General Atlantic’s BeyondNetZero, doubled down on the Company's growth with an incremental investment that drove its valuation to $3.7- up from $2.7 billion since its previous investment round in January 2022. o9’s worldwide talent pool grew to more than 2,500 in 2023. The Company operates 17 offices worldwide, including new ones in Toronto, Canada, and Shanghai, China. o9 also intends to expand its presence in India with a new center of excellence (COE) in Hyderabad to develop world-class supply chain talent.

In addition to hosting its annual aim10x Global digital event, 2023 marked the year that o9 Solutions introduced a series of aim10x Live conferences in 14 cities with 135-plus speakers and more than 20,000 attendees.

Chakri Gottemukkala, Co-founder and CEO of o9 Solutions, said, “In 2023, o9 Solutions made incredible strides across the business, showcasing our continued commitment towards innovation and excellence. The continued growth and strong year-over-year results are a testament to the unparalleled value generated by the o9 Digital Brain Platform, enabling clients to improve decision-making. Looking forward, the o9 team will continue to focus on client satisfaction and help more companies digitally transform their supply chains.”

Other notable highlights in Q4’23 include:

o9 Solutions partners with Pandora to transform its integrated planning capabilities

o9 Solutions partners with Canyon Bicycles to revolutionize its planning capabilities and dynamically adapt to consumer demand

According to proprietary research from o9 Solutions, consumers’ perceptions of supply chain disruptions are shifting their purchasing behaviors.

o9 received three best-in-class revenue growth management distinctions in POI’s 2023 Enterprise Planning Vendor Panorama Report

o9 Solutions was ranked for the fifth consecutive year in the 2023 Deloitte Technology Fast 500™

o9 signed the AARP employer pledge, recognizing the value of experienced workers.

  

Major UPI Apps Enabled To Receive Remittances From Singapore Via UPI-PayNow Linkage

* Users can receive funds from Singapore through UPI

The cross-border linkage between Unified Payments Interface (UPI) & PayNow is enabling Indians to receive instant, secure, and cost-effective remittances from Singapore-based Indian diaspora directly into their bank accounts. This facility can be accessed by users of BHIM, PhonePe, and Paytm apps. Additionally, banks such as Axis Bank, DBS Bank India, ICICI Bank, Indian Bank, Indian Overseas Bank, and State Bank of India provide this functionality through their respective apps.

More Third-Party Application Providers (TPAPs) and bank apps such as Bank of Baroda, Bank of India, Canara Bank, Central Bank of India, Federal Bank, HDFC Bank, IDFC First Bank, IndusInd Bank, Karur Vysya Bank, Kotak Mahindra Bank, Punjab National Bank, South Indian Bank, and UCO Bank are expected to be added to the linkage soon. This expansion will broaden the range of choices offered to customers.

Key benefits of receiving funds via UPI-PayNow:

Instant: Funds are transferred in real-time, reaching the recipient's bank account within seconds.

Secure: The linkage utilizes robust security protocols to ensure safe and reliable transactions.

Cost-effective: Transaction fees are competitive, making the service ideal for small and frequent remittances.

Convenient: The facility is available 24/7, 365 days a year

This interoperability milestone is the result of close collaboration between the Reserve Bank of India (RBI) and Monetary Authority of Singapore (MAS). The increasing adoption of UPI in cross-border transactions not only amplifies financial inclusion and convenience but also plays a pivotal role in fostering the overall growth of India's dynamic digital payment ecosystem.

About NPCI:

National Payments Corporation of India (NPCI) was incorporated in 2008 as an umbrella organization for operating retail payments and settlement systems in India. NPCI has created a robust payment and settlement infrastructure in the country. It has changed the way payments are made in India through a bouquet of retail payment products such as RuPay card, Immediate Payment Service (IMPS), Unified Payments Interface (UPI), Bharat Interface for Money (BHIM), Aadhaar Enabled Payment System (AePS), National Electronic Toll Collection (NETC) and Bharat BillPay.

NPCI is focused on bringing innovations in the retail payment systems through the use of technology and is relentlessly working to transform India into a digital economy. It is facilitating secure payment solutions with nationwide accessibility at minimal cost in furtherance of India’s aspiration to be a fully digital society.

For more information, visit: https://www.npci.org.in/

Illuminate Brilliance: Goldmedal Electricals Launches Jugnoo LED Downlights

* Jugnoo is a premium downlight featuring 3-in-1 colour temperatures.

Goldmedal Electricals, one of India’s leading Fast Moving Electrical Goods (FMEG) companies, announced the launch of its Jugnoo LED Downlight. It features 3-in-1 colour temperatures: Warm White, Neutral White, and Cool Daylight. This downlight is easy to install and use, allowing users to simply switch between three colours by turning the light ON and OFF. 

Jugnoo, featuring a high-quality luminaire, boasts an aesthetically pleasing design with a transparent acrylic cover. This cover not only enhances the light dispersion but also elevates the overall look of the ceiling. The anti-glare diffuser in Jugnoo creates soothing light making it an ideal choice for homes, offices, shops, restaurants, and hotels. Its in-built independent driver provides electrical protection against high and low voltages. 

Other features:

1.      Polycarbonate housing with transparent optical acrylic cover

2.      Equipped with a separate driver to ensure ease of installation and use.

3.      Surge protection up to 2.5Kv

4.      Total lumen efficacy: 75lm/W

5.      LED life: 25000 burning hours

Speaking about the product, Bishan Jain, Director, Goldmedal Electricals said, “At Goldmedal, our commitment is to elevate the ambiance of every home, shop, or restaurant. The introduction of Jugnoo LED Downlight is a great addition to our contemporary lighting segment. It combines comfort with aesthetic appeal in a seamless manner. Its sleek design allows for effortless integration into any setting, offering ideal lighting solutions.”

Jugnoo LED Downlight is available both online and in retail stores for Rs. 310. It comes with a warranty of 2 years. 

About Goldmedal Electricals:

Goldmedal Electricals is a home-grown electrical company established in the year 1979 with a vision to create electrical switches and accessories that make a positive difference in the daily life of consumers. The company is known in the industry for manufacturing high-quality wiring devices and introducing a host of innovations. The company has manufacturing units in Vasai outside Mumbai, Bhiwadi in Rajasthan, and Vijayawada in Andhra Pradesh. It is one of the few companies in the industry with an in-house, state-of-the-art tool room and testing facility. Today, the company manufactures a vast range of electrical products that include various types of Switches, Home Automation Systems, Fans, Security Systems, Entertainment devices, Doorbells, Wires, Cables, and more for residential buildings as well as commercial establishments.