Monday, July 22, 2024

AiDash Unveils New AI Centre of Excellence In Bengaluru


* The new Centre will pioneer innovation in AI, remote sensing, and geospatial analytics

AiDash, an enterprise SaaS company making critical infrastructure industries climate-resilient and sustainable with satellites and AI, today announced the launch of its new AI Centre of Excellence in Bengaluru. The Centre was inaugurated by Rahul Saxena, Chief Product & Technology officer (CPTO) and Co-Founder of AiDash, in the presence of the senior leadership team.

This cutting-edge facility is set to become a hub of innovation and advanced research,

dedicated to driving significant advancements in artificial intelligence (AI), remote sensing, and geospatial analytics. AiDash has been ranked among America’s top GreenTech Companies of 2024 by TIME Magazine.

The AI Centre of Excellence is spread over 8,000 square feet in SJR I Park, Whitefield, Bengaluru. The launch of this Centre follows the Series C funding round of $58.5 million in April this year, bringing the company’s total funding to $91.5 million. In addition to teams in the U.S. and UK, AiDash has over 300 employees in its Gurugram and Bengaluru offices.

While most of AiDash’s revenue comes from the U.S. and UK markets, India holds particular significance to AiDash’s operations due to its outstanding technological capabilities and the extensive talent pool available. With the launch of the AI Centre of Excellence in Bengaluru, the company plans to double the size of its team in the next two years.

"The AI Centre of Excellence is a testament to our unwavering commitment to innovation and sustainability. This Centre will serve as a beacon of advanced research and development, harnessing the power of AI, remote sensing, and geospatial analytics to tackle some of the most pressing challenges of our time. We look forward to collaborating with industry leaders, researchers, and other stakeholders to push boundaries and create a more resilient and sustainable future for critical industries,” said Rahul Saxena, CPTO and Co-Founder, AiDash.

The AI Centre of Excellence will use state-of-the-art technology to focus on developing advanced AI solutions for some of the most pressing global challenges, like biodiversity conservation, carbon management, and disaster management for wildfires, storms, and floods.

To learn about employment opportunities at AiDash, please visit: https://www.aidash.com/careers/.

About AiDash:

AiDash is making critical infrastructure industries climate-resilient and sustainable with satellites and AI. Using our full-stack SaaS solutions, customers in electric, gas, and water utilities, transportation, and construction are transforming asset inspection and maintenance – and complying with biodiversity net gain mandates and carbon capture goals. Our customers deliver ROI in their first year of deployment with reduced costs, improved reliability, and achieved sustainability goals. Learn more at www.aidash.com.

Friday, July 19, 2024

Isuzu Motors India To Roll-Out ‘ISUZU I-Care Monsoon Camp’ Across Indian Market


* Customers can avail the exciting service benefits* at all ISUZU authorised dealer service outlets from 22nd – 28th July 2024.

In a constant endeavour to reaffirm ISUZU’s commitment to provide best service and ownership experience, Isuzu Motors India will be conducting a nation-wide ‘ISUZU I-Care Monsoon Camp’ for its range of ISUZU D-MAX Pick-ups and SUVs. This service camp is aimed at offering customers exciting benefits and preventive maintenance checks for a hassle-free driving experience during the season across the country.

An initiative of ‘ISUZU Care’, the Monsoon camp will be organised across all ISUZU authorised dealer service outlets, between 22nd 28th July 2024 (both days inclusive). During this period, customers can also avail special offers & benefits for their vehicles.

Customers visiting the camp will receive the following: -

-       Free 37-Point Comprehensive Check-up

-       10% discount on Labour*

-       5% discount on Parts*

-       5% discount on Lubes & Fluids*

-       10% Discount on Retail RSA purchase*

-       Free ‘REGEN’**

The Monsoon Camp will be organised at all authorised service facilities of ISUZU located in Bengaluru, Hubballi, Mangalore,  Ahmedabad, Baramulla, Bhandup (Mum),Bhimavaram,  Bhuj, Calicut  Chennai, Coimbatore, Dimapur, Durgapur, Gandhidham, Gorakhpur, Gurugram, Guwahati, Hyderabad, Indore, Itanagar, Jaipur, Jaigaon, Jammu, Jalandhar, Jodhpur, Karnal, Kochi, Kolhapur, Kolkata, Kurnool, Lucknow, LB Nagar (Hyd), Leh, Madurai, Mandi, Mehsana, Mohali, Mumbai, Nagpur, Nasik, New Delhi, Noida, Nellore, Pune, Raipur, Rajahmundry, Rajkot, Siliguri, Surat, Thrissur, Tirupati, Trichy, Trivandrum, Vadodara, Vijayawada and Visakhapatnam.

Customers can call the nearest ISUZU dealer outlet or visit https://www.isuzu.in/servicebooking.html for service booking. Customers can reach 1800 4199 188 (Toll-free) for more information.

Introducing Vegan Drink Company: Supporting The Healthy Lifestyles Of This Generation


For the ever-increasing number of people becoming lactose intolerant or adopting veganism as a lifestyle choice, Oxbow Brands is thrilled to announce the launch of its new brand, Vegan Drink Company (VDC). This new venture paves the way for brand expansion through offline channels in modern and general retail, as well as the food service sectors across India.

With this new brand offering, plant-based milk beverage users no longer have to rely on dairy milk with varying fat contents. Instead, they can choose from multiple sources like millets, nuts, fruits, and grains, providing an array of options to replace traditional milk in their daily beverages.

Vegan Drink Company offers dairy-free beverages in five exciting variants to suit all taste palettes and nutritional needs:

1. Almond

2. Oats

3. Millet

4. Soy

5. Coconut

These vegan drinks are made from plant-based proteins, with no added sugar, and feature a delicious, creamy flavor and aroma that elevates the drinking experience.

"We are ecstatic to launch the Vegan Drink Company, our new brand under Oxbow catering to the specific requirements of health and environmentally-conscious consumers today. With this exciting new range of beverages, we aim to support the changing lifestyle of people," said Rahul Johar, Founder & CEO of Oxbow Brands.

The healthy range of drinks is meticulously crafted by Mother Nature to be dairy-free, based on proactive feedback from coffee shops and industry professionals. Consumers opting for these healthy drinks can enjoy on-the-go nutrition, as they are fortified with Vitamin A, Vitamin D, Vitamin B1, Vitamin B2, and Vitamin B12.

The products from the new range will be available to consumers on the brand's official website, Amazon, and leading cafes and retail chains like Barista, Nature’s Basket, Q Mart, Pothy’s, Nilgiris, and Magson stores, with distribution in neighboring countries like Bhutan and Nepal as well.

With the successful launch of the drinks, the VDC team is currently working on ready-to-drink vegan shakes in some lip-smacking flavors, to be launched soon!

**Product Details:**

- Net Quantity & MRP: 180 ML for Rs 60 and 1 Litre from Rs 149 to Rs 260

- Shelf Life: 1 Year

Ashok Leyland Kicks-Off 'M&HCV Expo' Series From July 19-20 At BIEC, Bengaluru


* Showcasing 11 of its Latest Range of Products and Solutions

Ashok Leyland Limited, the Indian flagship of the Hinduja Group and country’s leading commercial vehicle manufacturer, announced the launch of its ‘M&HCV Expo’ from Bengaluru. Starting today, this exciting initiative will highlight Ashok Leyland's state-of-the-art Medium and Heavy Commercial Vehicles (M&HCV) across key locations nationwide. The expos aim to bring the best of Ashok Leyland’s innovations closer to customers and enthusiasts.

The first expo will be in Bengaluru starting today and over the next months will cover 11 major cities across the country including Delhi, Mumbai, Hyderabad, Kolkata among others.

Leading the showcase is the superior AVTR range, India's first modular platform, featuring premier models such as the AVTR 4825 MAV, AVTR 5525 Tractor, and AVTR 4825 HD Tipper—anticipated to be major crowd-pullers. In addition, Ashok Leyland will present the ICV truck model, BOSS 1915, designed for superior comfort and optimized for high-speed, long-distance application. The exhibition will also feature the versatile Oyster i-series buses, tailored for school and staff transportation. In addition to the vehicle displays, there will be interactive stalls featuring Ashok Leyland’s latest Aftermarket and Digital offerings. The highlight of the expos is the innovative alternate energy range of vehicles from the Ashok Leyland stable.

The expos will be a great opportunity for visitors to experience not only the latest vehicles but also the comprehensive services and solutions that Ashok Leyland offers.

Mr. Shenu Agarwal, MD & CEO, Ashok Leyland said, "The ‘M&HCV Expo’ will highlight Ashok Leyland's commitment to innovation and excellence. We are excited to bring our state-of-the-art M&HCV vehicles closer to our customers and showcase our advanced technological capabilities. One of the highlights of the expo is our pioneering alternate energy vehicles, which includes our Battery Electric and LNG trucks. This underscores our commitment to leading India's transition towards a greener, more sustainable future. "

Mr. Sanjeev Kumar, President – M&HCV, Ashok Leyland said, "Our goal with these regional expos is to highlight the robustness and versatility of Ashok Leyland’s M&HCV products. We are confident that our vehicles, coupled with our extensive aftermarket solutions, will demonstrate our dedication to providing comprehensive transportation solutions to our Customers. We look forward to engaging with our Customers and other stakeholders at these expos."

These M&HCV Expos will highlight Ashok Leyland’s state-of-the-art M&HCV products, demonstrate Ashok Leyland’s extensive presence across regions, and establish how ‘No Dream is Too Far’ with Ashok Leyland as it spreads its footprint to every nook and corner of India.

To stay updated on the ‘M&HCV Expos’ and join the conversation, follow Ashok Leyland's social media handles.

Visit the Expo at the Bengaluru International Exhibition Centre (BIEC) on July 19-20.

Suzuki Motorcycle India Launches Its Best-Selling Scooters – Suzuki Access 125 & Suzuki Burgman Street In Special Festive Colours


Bringing delight to customers ahead of festive season, Suzuki Motorcycle India Pvt. Ltd. (SMIPL), the two-wheeler subsidiary of Suzuki Motor Corporation, Japan, announces the launch of the Suzuki Access 125 and the Suzuki Burgman Street in Special Festive Colours.

The new dual-tone colour combination of Metallic Sonoma Red / Pearl Mirage White for Suzuki’s flagship scooter Access 125 and the new Metallic Matte Black No.2 colour for Suzuki Burgman Street in addition to the existing colour range are set to enhance the festive spirit of customers with its elegant and eye-catching look.

Speaking on the latest offerings, Mr. Kenichi Umeda - Managing Director, Suzuki Motorcycle India Pvt. Ltd. said, “The festive season is a special time for our customers, and we wanted to make it even more memorable by introducing special festive colours in our scooters. The Access 125 and Burgman Street have been appreciated by our customers for their performance, comfort, and style. We believe that our customers will find these new colours attractive and will add joy to their riding experience.”

SUZUKI ACCESS 125

The special festive colour of Suzuki Access 125 boasts a stylish dual-tone combination of Metallic Sonoma Red / Pearl Mirage White.

It is powered by an all-Aluminium 4 stroke, single cylinder 124cc BSVI OBD2 compliant engine. This advanced engine with Suzuki Eco Performance (SEP) technology offers smooth power delivery, enhanced fuel efficiency, and reduced emissions without compromising on performance. With 8.7 PS @ 6,750rpm and 10Nm @ 5,500rpm, riders can enjoy a robust and efficient ride.

The Suzuki Access 125 is equipped with a Bluetooth-enabled multi-function digital console with Suzuki Ride Connect, compatible with both iOS and Android offering information like turn-by-turn navigation, ETA updates, call, SMS, and WhatsApp alerts, and even displays the last parked location. This ensures riders stay connected and informed on the go.

The flagship scooter also features an integrated engine start and stop switch with the Suzuki Easy Start System. Safety and convenience are further enhanced with smart & stylish LED Position light, a super bright LED headlamp, a premium chrome external fuel lid with anti-theft locking, and a side stand interlock switch.

Its large under-seat storage capacity of 21.8 Liters can accommodate a full-face helmet and other essentials, making it highly practical for daily use. Additionally, it includes a convenient front pocket with a USB socket for mobile charging.

Other notable features include a larger 12-inch front tyre for superior performance on rough & uneven roads, a front disc brake with a Combined Brake System for better control, and a telescopic suspension for a smoother ride. The sophisticated design is complemented by chrome plating on the muffler and headlamp cover.

SUZUKI BURGMAN STREET

The special Metallic Matte Black No.2 festive colour of Suzuki Burgman Street flaunts a cutting-edge luxury design following Suzuki European style providing the scooter a premium look.

At the heart of Suzuki Burgman Street is an all-aluminium 4 stroke, single cylinder 124cc BSVI OBD2 compliant engine delivering 8.7 PS @ 6,500rpm, 10Nm @ 5,500rpm. Its Suzuki Eco Performance (SEP) technology and advanced fuel injection technology boast top-class power, performance, and low fuel consumption.

Combining big scooter design with advanced features, the Suzuki Burgman Street is equipped with an extremely bright LED headlight, position lamp & tail lamp, upwardly design muffler, and a body-mounted windscreen - the first in India to come standard with this feature. Like Access 125, it has a Bluetooth enabled multi-function digital instrument cluster, with Suzuki Ride Connect.

For a superior riding experience, the Burgman Street includes a flexible foot position, long & premium dual-tone seat and telescopic suspension set-up for the front fork. It also includes a large 12-inch front wheel and a front disc brake with Combined Brake System providing superior performance and control on rough or uneven surfaces. The New Dual Convenient Utility Hooks and large 21.5L under-seat storage provide ample space for luggage and helmets. Additional conveniences include a Front Glove Box with USB Socket, a front pocket, and a One Push Central Locking & Unique safety shutter, making every ride smooth and enjoyable.

AVAILABILITY AND PRICING:

The Suzuki Access 125 and Suzuki Burgman Street in their special festive colours are attractively priced at INR. 90,500/- & INR. 98,299/- (ex-showroom Delhi) respectively and are now available at all Suzuki dealerships across India.

ABOUT SUZUKI MOTORCYCLE INDIA PVT LTD (SMIPL)

Suzuki Motorcycle India Private Limited is a subsidiary of Suzuki Motor Corporation, Japan wherein they have the same manufacturing philosophy of PRODUCTS OF SUPERIOR VALUE right from the inception. SMIPL manufactures two-wheelers best suited for valuable Indian customers.

Thursday, July 18, 2024

Dalmia Bharat Limited Reports A Positive "Financial Results For The Quarter Ended June 30, 2024"


Q1 FY25 Highlights

Installed cement capacity on 30th June at 45.6 MnT (Current 46.6 MnT)

Volume increased 6.2% YoY to 7.4 MnT

EBITDA increased 9.2% YoY to Rs. 669 Cr

Renewable Energy consumption increased to 35%[1]

Executed Renewable Power Agreements under Group Captive for 127 MW cumulatively.

Net Debt to EBITDA stood at 0.17x

Dalmia Bharat Limited, (BSE: 542216, NSE: DALBHARAT), a leading cement manufacturing company, reported its consolidated financial results for the quarter ended June 30, 2024.

Commenting on the performance, Mr. Puneet Dalmia, Managing Director & CEO – Dalmia Bharat Limited, said, “The continuity of the incumbent government at the Centre ensures policy stability and a continued focus on infrastructure spending, which bodes well for cement sector's long-term prospects, particularly cement demand. During the quarter, even though cement demand was weak across regions amidst general elections, our volumes grew 6.2% YoY while margins improved to 18.5% from 16.9% last year.”

Mr. Dharmender Tuteja, Chief Financial Officer – Dalmia Bharat Limited, said “The cement pricing continued to be weak during the quarter, but we saw a notable improvement in margins due to better input prices and reversal of certain cost inefficiencies of the previous quarter. We are progressing well on the long-term levers of margin improvement including investment in brand, renewable energy and operationalizing captive coal mines.” He also said, “We have added 2 MnT of cement capacity in South and are on track to add another 2.9 MnT in North East & East region during FY25. Our strong balance sheet positions us well for the next phase of expansion.”

Key updates

Commissioned 1 MnT cement capacity each at its existing units at Ariyalur, Tamil Nadu and Kadapa, Andhra Pradesh respectively. This takes company’s overall installed capacity to 17 MnT in South and 46.6 MnT in India, and is in line with the long-term growth strategy of increasing the total capacity to 110-130 MnT by the 2031.

In line with the commitment towards RE100 by 2030 & Carbon Negative by 2040, Dalmia Cement (Bharat) Limited, a wholly owned subsidiary of the Company, has entered into multiple Renewable Power Agreements under the Group Captive, which will secure 127 MW of renewable power through Solar and Wind energy. The commissioning of these Renewable power plants is expected to be in FY25 & FY26.

Key Recognitions during the quarter

Recognized with CDP Leadership Award (CDP Discloser 2023, Climate) for its commitment to environmental stewardship

Recognized as the Supply Chain Champion for the Northern Region at the ISCM Supply chain rankings of the 2nd India Supply Chain Leaders Senate 2024

Won the Procurement Excellence of the Year at the 2nd Procure Connect Confex & Awards 2024.

Drone Destination And NSIC Sign MOU With NSIC To Launch “Drone Training Programs" At NSIC Technical Services Centres


Drone Destination and the National Small Industries Corporation (NSIC) have signed a Memorandum of Understanding (MoU) to establish a state-of-the-art drone training centre. This initiative aims to provide comprehensive training on drone technology, repairs and maintenance, data processing and analysis, remote pilot training and new-age sport drone soccer. The centre will focus on skill development, employment generation, and empowering the drone ecosystem in India.

The collaboration between Drone Destination and NSIC is poised to bring significant advancements in the field of drone technology and AI, and develop a future-ready work force to cater to the growing and diversified demands of skilled manpower in the drone sector, especially in digital agriculture, survey & mapping, mining, asset inspection, surveillance & monitoring, disaster management and many more.   

Mr. Chirag Sharma, CEO, Drone Destination, said, "This partnership with NSIC marks a significant milestone in our mission to democratize drone technology in India. By providing specialized training and skill development programs, we aim to empower individuals and organizations with the knowledge and expertise needed to harness the full potential of drones. We are launching these technical skill enhancing courses in addition to the Pilot Training Certification course already offered by us in 12 locations across India.  This initiative will ensure availability of skilled and specialised workforce in the growing drone eco-system in India."

Kartikeya Sinha Director, Planning & Marketing, NSIC added, "NSIC is committed to fostering skill development across various sectors, and this MoU with Drone Destination aligns perfectly with our objectives. The establishment of this drone training centre will be a game-changer, particularly for aspiring youth and women in technology. By equipping individuals with the necessary skills, we are paving the way for a more technologically advanced and self-reliant India."

The training programs at the centre will be progressively introduced at all NSIC Technical Skill Centres, ensuring widespread access to cutting-edge drone technology education. This initiative is set to create numerous opportunities for skill development and employment, driving economic growth and innovation in the drone sector.

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